Tata Power has announced plans to invest Rs 1.2 lakh crore in Rajasthan's power sector over the next decade, with a focus on renewable energy and modernizing the state's energy infrastructure. The company signed a Memorandum of Understanding (MoU) with the Rajasthan government during the Rising Rajasthan Investor Meet in New Delhi. This investment will span the entire power value chain, including generation, transmission, and distribution, with a strong emphasis on renewable energy projects such as solar, wind, hybrid systems, and battery energy storage systems (BESS). The initiative aligns with the state’s goals of achieving a 24/7 clean, affordable, and reliable power supply and transforming Rajasthan into a power surplus state.
As part of this ambitious plan, Tata Power will develop 10,000 MW of renewable energy capacity, including 6,000 MW of solar power and 4,000 MW of hybrid energy, across Bikaner, Jaisalmer, Barmer, and Jodhpur. Additionally, the company will establish a 2,000 MW solar module manufacturing facility in Jodhpur with an investment of Rs 2,000 crore. To further modernize Rajasthan's energy infrastructure, Tata Power will invest Rs 20,000 crore in the state's transmission and distribution networks, aimed at reducing energy losses, improving power quality, and ensuring a stable and reliable energy supply. An additional Rs 10,000 crore will be directed toward upgrading transmission systems across the state.
In addition to renewable energy and infrastructure investments, Tata Power is exploring the possibility of developing nuclear power plants in Rajasthan and has proposed a Rs 1,000 crore investment to install 1 lakh EV charging points throughout the state. The company also plans to support the PM Surya Ghar Yojana by providing rooftop solar power for 10 lakh households, contributing to the nation's clean energy goals.