India's Tata Power said on Monday that it will invest about 1.2 trillion rupees ($14.32 billion) in northern state Rajasthan over the next 10 years, with majority of the money in the renewable energy projects.

Investments will be made in renewable energy projects and manufacturing, transmission, distribution, nuclear power, rooftop installations, and EV charging, a company statement said.

Tata Power signed a Memorandum of Understanding with the Rajasthan government to invest Rs 1.2 lakh crore in the state's power sector over the next decade. The investment aims to transform Rajasthan into a power surplus state by focusing on green energy projects,

Rajasthan Chief Minister Bhajan Lal Sharma confirmed that agreements worth Rs 4.5 lakh crore were signed during the roadshow in Mumbai, happened in August in the run-up to the 'Rising Rajasthan' inves

India's Tata Power said on Monday that it will invest about 1.2 trillion rupees ($14.32 billion) in northern state Rajasthan over the next 10 years, with majority of the money in the renewable energy projects.

Tata Power on Monday said it has inked an initial pact with the Rajasthan government for investment of Rs 1.2 lakh crore, including Rs 75,000 crore in green energy, in the state's power sector. The 10-year plan aims to support Rajasthan's transformation into a power surplus state,

The plan includes 10 GW of renewable capacity, a 2 GW solar module plant, and 100,000 EV charging points, creating over 28,000 jobs and supporting Rajasthan's goal of becoming a power surplus state.

Tata Power Company has signed a Memorandum of Understanding (MoU) with the Rajasthan government, committing to an investment of approximately ₹1.2 lakh crores in power distribution, transmission, and renewable energy projects.