Rajasthan signs MoUs worth Rs 104.5 billion for renewable energy projects

The Government of Rajasthan (GoR) has signed Memorandum of Understandings (MoUs) valued at Rs 104.5 billion with Prudential Sugar Corporation Limited and Oriana Power Private Limited for renewable energy (RE) projects under the “Rising Rajasthan Global Investment Summit 2024.”

The MoUs include:

• An MoU worth Rs 4.5 billion with Prudential Sugar for the establishment of a 100 MW solar park, expected to be commissioned by 2026.
• An MoU worth Rs 100 billion with Oriana Power to develop a range of RE power projects, including solar, floating solar, energy storage systems (ESS), and green hydrogen projects.