DECEMBER 20258RENEW PARTNERS GOOGLE TO BUILD 150MW SOLAR POWER PROJECT IN RAJASTHANODISHA TARGETS 25,000 CR MANUFACTURING GROWTH WITH PHARMA POLICYReNew Energy Global has entered into a long term contract with Google to construct a 150 MW solar site in Rajasthan, India. The plant will become operational in 2026 and will have an approximate capacity of 425,000 MWh of clean electricity annually, which is sufficient to serve over 360,000 houses.The agreement will see Google purchase the energy credits of ReNew including carbon credits. This is a long term Odisha has introduced a new policy on the pharmaceutical and medical device manufacturers. It seeks to expand the manufacturing and introduce 25000 crore investment by 2030.The policy was released during the Odisha Pharma Summit and demonstrates how the state will be a powerful manufacturing center of drugs and medical equipment in eastern India.This policy is oriented to the increased production of bulk drugs, drug designs, active ingredients (APIs), tests, and acquisition that is crucial to fund the project and enable Google to cut down its emissions.The transaction contributes to the overall commercial and industrial total projects of ReNew, which is now standing at 2.7 GW. This will ensure that ReNew is a major provider of clean corporate energy in India. The expansion indicates that numerous corporate entities in the world, particularly large U.S. technology companies, are keen on green energy to reduce their carbon imprint.Vaishali Nigam Sinha, Co-founder and Chairperson of Sustainability at ReNew, said the partnership reflects "the growing global confidence in India's clean energy ecosystem" and underlines how long-term agreements like this can support India's energy transition and help global firms meet ambitious sustainability goals."Vrushali Gaud, Google's Global Director of Climate Operations, added that the collaboration "brings new solar capacity onto the grid in a key region" and helps Google address challenging parts of its emissions footprint.This project contributes to India's broader goal of reaching 500 GW of non-fossil fuel energy capacity by 2030, showcasing the role of strategic private-sector partnerships in accelerating the country's clean energy growth. medical equipment. This contributes towards lessening the level of India having to import medical equipment. Odisha is pushing the local production to build the supply chain and expand the industry in the future.New industries and businesses associated with the policy are expected to generate more than 100,000 jobs, both directly and indirectly, by the government. To ease the entry barrier, the policy offers funding assistance in the form of money to purchase plants and equipment, assistance in power building and reduced land expenses in case of a job creation within the area. These assist in reducing startup expenses and render projects more sustainable to makers.Infrastructure construction is important. Odisha will establish special Pharma and MedTech Parks, which are of good quality (GMP) in large industrial regions. These clusters will assist the companies in doing all form of acquiring raw materials up to the making, testing and packing and will enable them to grow at a higher rate.Initially, the industry has reacted positively and approximately 5000 crore has been committed at the summit. Odisha is cheap, has good policies, good infrastructure, and growth in the long term to companies that desire to grow or introduce new products. TOP STORIESTOP STORIESTOP STORIES
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