Tata Power has announced an investment of Rs 1.2 lakh crore in Rajasthan for various renewable energy related projects, pertaining to rooftop solar installation and electric vehicle charging infrastructure.

Speaking at the Rising Rajasthan Global Investment Summit which started on 09 December, 2024, CEO and MD of the company Praveer Sinha said the company's investment roadmap is geared towards making Rajasthan a power surplus state through a range of initiatives.

The investment is expected to generate 28,000 employment opportunities and deliver round-the-clock, clean, affordable power in the state.

The initiatives include renewable energy projects with Rs 75,000 crore investment, comprising solar, wind and hybrid projects across key regions like Bikaner, Jaisalmer, and Jodhpur); rooftop solar, T&D, and EV charging infrastructure.

Rajasthan is among the top states in terms of installed renewable capacity, surpassing 18 GW.