AHMEDABAD: Industrial conglomerate Adani Enterprises Ltd (AEL), and Government of Rajasthan signed a Memorandum of Understanding (MoU) on Monday to jointly set up a 10,000 megawatt solar park in Rajasthan.
AEL will form a joint venture with Rajasthan Renewable Energy Corporation Ltd to set up the solar park, which will include generation projects and a manufacturing unit for solar module, parts and equipment, the company said in a press release.
The solar park will produce about 16.644 billion units of energy, AEL said. The financial details of the deal were not disclosed.
“India has embarked upon an ambitious program of becoming a world leader in renewable power generation, with a special focus on solar,” said Mr Gautam Adani, Chairman, Adani Group. He added that the development of a solar park facility is an attempt towards the realisation of the government’s commitment towards establishing clean and green energy in India.
– I MS Com, Amera Sailani