In a significant milestone, ReNew Power, one of the top renewable energy companies in India, has successfully commissioned 750 MW of its 1 GW solar project in Rajasthan, with an investment of USD 2.4 billion (INR 21,000 crore). Subsequently, this development marks a major achievement for the company, which has made significant strides in the country's renewable energy landscape.

Furthermore, the project, which is spread across various locations in Rajasthan, is expected to generate over 1,350 million electricity units per year, significantly contributing to the state's power requirements. Moreover, the INR 21,000 crore investment in the project is a substantial commitment by ReNew Power, demonstrating its confidence in the potential of the Indian solar market. Apart from this the company has been actively expanding its renewable energy portfolio, with a focus on solar power, and this project is a significant addition to its existing capacity.

Find More Details about ReNew Power's Upcoming solar projects Claim Your Free Leads Now!

The Indian solar sector has been gaining momentum in recent years, driven by government initiatives and policies aimed at promoting renewable energy. The Ministry of New and Renewable Energy has set a target of achieving 40% of the country's electricity generation from non-fossil fuels by 2030. With the commissioning of this project, ReNew Energy is well-positioned to capitalize on this growth trajectory and play a key role in India's renewable energy journey.

The Rajasthan government has also been actively promoting the development of renewable energy projects in the state, with a focus on solar power. The state has set a target of generating 30% of its electricity from renewable sources by 2030, making it an attractive location for companies like ReNew Energy to invest in solar power projects.

The commissioning of this project is also expected to create employment opportunities and stimulate local economic growth, as the project will require a significant workforce for its operation and maintenance. The project will also contribute to the state's GDP and help in reducing its carbon footprint.

Read:ReNew Inaugurates 400 MW Solar Power Project in Rajasthan

Looking for More than Generic Information on Solar Power Projects in India?

Subscribe to Solar Power Projects in India

to get access to reliable and high-quality insights on upcoming, in-progress, and completed desalination plant projects across the world or in your desired geographical location.

Our user-friendly platform provides essential details, timely updates, key stakeholder contact information, and business opportunities tailored for engineering companies, industry professionals, investors, and government agencies.

Start a free demo to take your business to the next level.