Tata Power has announced a massive investment of ₹1.2 lakh crore in Rajasthan to boost renewable energy development. The company will focus on various projects, including rooftop solar installations and electric vehicle (EV) charging infrastructure, to strengthen the state’s clean energy sector.
During the Rising Rajasthan Global Investment Summit, Tata Power’s CEO and MD, Praveer Sinha, shared the company’s plans to transform Rajasthan into a power-surplus state. He explained that this investment will help meet India’s long-term goals of reducing carbon emissions and achieving net-zero status by 2070. Rajasthan will also benefit from becoming a key hub for clean energy in the country.
Tata Power’s clean energy roadmap includes several initiatives aimed at increasing the use of renewable energy in the state. The company plans to expand solar power generation and enhance EV charging networks to support the growing demand for sustainable transportation. These projects will not only reduce reliance on conventional energy sources but also create new job opportunities and strengthen the state’s economy.
Sinha highlighted that this investment reflects Tata Power’s commitment to promoting sustainable development and supporting India’s transition towards clean energy. By focusing on Rajasthan, the company aims to leverage the state’s potential for solar energy production and make a significant contribution to India’s renewable energy targets.
The initiative will also support Rajasthan’s ambition to lead the way as a clean energy hub in India. With its vast solar energy potential and growing infrastructure, the state is well-positioned to play a major role in the country’s renewable energy future.
Through this investment, Tata Power hopes to not only contribute to India’s environmental goals but also empower Rajasthan to achieve energy security and economic growth.