Rajasthan, SCCL Ink ?22,000 Cr Energy Deal
06 Mar 2025
2 Min Read
CW Team
In a major push towards energy expansion, the Rajasthan government has signed a Memorandum of Understanding (MoU) with Singareni Collieries Company Limited (SCCL) to develop large-scale thermal and renewable energy projects. The move is expected to boost Rajasthan鈥檚 position as a key energy hub while attracting significant investments.
Chief Minister Bhajan Lal Sharma, speaking at the MoU signing event, highlighted the state鈥檚 commitment to power generation and transmission under the leadership of Prime Minister Narendra Modi. He reiterated Rajasthan鈥檚 potential in solar energy and its vision to become self-reliant in power production.
As part of the agreement, a 1,600 MW thermal power project will be set up in Telangana, with Rajasthan and Telangana receiving 800 MW each. Additionally, Rajasthan will develop a 1,500 MW solar park, bringing in an investment of Rs 60 billion and generating employment opportunities. The total investment across these projects is pegged at Rs 220 billion.
A key initiative of the Rajasthan government is to ensure daytime electricity supply for farmers by 2027, which will be achieved through strategic policies and rapid project implementation.
The state has set ambitious targets under its Clean Energy Policy-2024, aiming to generate 125 GW of solar power by 2030. It is also on track to exceed 54,000 MW of total power capacity from conventional and renewable sources by 2031-32.
Telangana鈥檚 Deputy Chief Minister and Energy Minister Mallu Bhatti Vikramarka praised Rajasthan鈥檚 leadership in solar energy and called the MoU a 鈥済ame-changer鈥� in boosting both thermal power efficiency and renewable production. Rajasthan鈥檚 Energy Department, led by Minister of State for Energy Hiralal Nagar, will coordinate closely with Telangana to ensure smooth execution.
The MoU signing follows the Rising Rajasthan Global Investment Summit, where investment deals worth ?2.28 lakh crore were secured, including a Rs 100 billion agreement between Power Grid Corporation and Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL).
The event was attended by Additional Chief Secretary (Energy) Alok, Principal Secretary (Energy) Sandeep Kumar Sultania, RVUNL CMD Devendra Shringi, and SCCL CMD N. Balaram, among other senior officials.
With these developments, Rajasthan is set to play a pivotal role in shaping India鈥檚 energy future, reinforcing its commitment to sustainability, self-sufficiency, and economic growth.
In a major push towards energy expansion, the Rajasthan government has signed a Memorandum of Understanding (MoU) with Singareni Collieries Company Limited (SCCL) to develop large-scale thermal and renewable energy projects. The move is expected to boost Rajasthan鈥檚 position as a key energy hub while attracting significant investments.
Chief Minister Bhajan Lal Sharma, speaking at the MoU signing event, highlighted the state鈥檚 commitment to power generation and transmission under the leadership of Prime Minister Narendra Modi. He reiterated Rajasthan鈥檚 potential in solar energy and its vision to become self-reliant in power production.
As part of the agreement, a 1,600 MW thermal power project will be set up in Telangana, with Rajasthan and Telangana receiving 800 MW each. Additionally, Rajasthan will develop a 1,500 MW solar park, bringing in an investment of Rs 60 billion and generating employment opportunities. The total investment across these projects is pegged at Rs 220 billion.
A key initiative of the Rajasthan government is to ensure daytime electricity supply for farmers by 2027, which will be achieved through strategic policies and rapid project implementation.
The state has set ambitious targets under its Clean Energy Policy-2024, aiming to generate 125 GW of solar power by 2030. It is also on track to exceed 54,000 MW of total power capacity from conventional and renewable sources by 2031-32.
Telangana鈥檚 Deputy Chief Minister and Energy Minister Mallu Bhatti Vikramarka praised Rajasthan鈥檚 leadership in solar energy and called the MoU a 鈥済ame-changer鈥� in boosting both thermal power efficiency and renewable production. Rajasthan鈥檚 Energy Department, led by Minister of State for Energy Hiralal Nagar, will coordinate closely with Telangana to ensure smooth execution.
The MoU signing follows the Rising Rajasthan Global Investment Summit, where investment deals worth ?2.28 lakh crore were secured, including a Rs 100 billion agreement between Power Grid Corporation and Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL).
The event was attended by Additional Chief Secretary (Energy) Alok, Principal Secretary (Energy) Sandeep Kumar Sultania, RVUNL CMD Devendra Shringi, and SCCL CMD N. Balaram, among other senior officials.
With these developments, Rajasthan is set to play a pivotal role in shaping India鈥檚 energy future, reinforcing its commitment to sustainability, self-sufficiency, and economic growth.
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