ReNew commits Rs 315 billion for solar power manufacturing in Gujarat

  • Industry News
  • Sep 18,24
According to the MoU, ReNew will allocate Rs 175 billion to develop 3,000 MW of solar and 630 MW of wind projects in Gujarat, aimed at supplying power to the state.
ReNew commits Rs 315 billion for solar power manufacturing in Gujarat

Renewable energy leader ReNew has pledged to invest Rs 315 billion in Gujarat to establish various solar power generation projects and manufacturing facilities. The company signed a Memorandum of Understanding (MoU) with the Gujarat state government at the ongoing REInvest event in Gandhinagar.

According to the MoU, ReNew will allocate Rs 175 billion to develop 3,000 MW of solar and 630 MW of wind projects in Gujarat, aimed at supplying power to the state. Additionally, the company plans to invest Rs 120 billion in setting up manufacturing facilities for 6,000 MW of ingot-wafer, 8,500 MW of solar cells, and 2,400 MW of solar modules.
(ET)

Related Stories

Policy Regulation
Vibrant Kutch Programme Secures Rs 85bn in MSME MoUs

Vibrant Kutch Programme Secures Rs 85bn in MSME MoUs

District event boosts investment and growth in Gujarat’s Kutch

Read more
Auto & Auto Components
Toyota Kirloskar Motor and NISE partner to advance India’s green hydrogen goals

Toyota Kirloskar Motor and NISE partner to advance India’s green hydrogen goals

The partnership represents a critical convergence of industry, research, and national policy to accelerate India’s transition toward a clean, secure, and hydrogen-based energy ecosystem.

Read more
Electrical & Electronics
Waaree Energies Sets India First With 1 GW Solar Module Output in a Month

Waaree Energies Sets India First With 1 GW Solar Module Output in a Month

Waaree Energies has become the first Indian solar manufacturer to produce over 1 GW of modules in a single month, marking a major milestone for India’s renewable energy manufacturing sector.

Read more

Related Products

Integrated Electric Gripper S Series

ELECTRICAL & ELECTRONIC EQUIPMENT

IBK Engineers Pvt Ltd offers a wide range of integrated electric gripper S series.

Read more

Request a Quote

Geared Electric Motors

ELECTRICAL & ELECTRONIC EQUIPMENT

Delco Fans Pvt Ltd offers single phase capacitor run and three phase geared Instrument motors, totally enclosed face/foot mounted.

Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016