: Monday, 12 May 2025 9:25 pm
Jaipur. Chief Minister Bhajan Lal Sharma said that through the Rising Rajasthan Global Investment Summit, Rajasthan has become a major recognition as a major center of investment in the country and the world. The state’s economy will be strengthened by the investment agreements in the summit and industrial development will gain momentum. He said that this will also strengthen the resolve to create new employment opportunities in the private sector.
Sharma reviewed the implementation of the MoU in the renewable energy sector under the Rising Rajasthan Summit at the Chief Minister’s Office on Monday. He said that the state government is committed to setting up investment agreements under Rising Rajasthan on time -bound ground. Investors will get full support of the government in setting up projects.
The Chief Minister asked the investors to fix the time for the entire process of setting up their projects and complete them within the stipulated period. He said that investors should inform the state government from time to time about the progress of their project. Sharma expressed confidence that projects would take tangible form on time with the harmony of investors and the state government.
Nodal officers will be appointed for each project-
The Chief Minister told the investors that one nodal officer will be appointed as per each project for coordination between the government and investors. They will ensure the completion of the project within the stipulated time. He informed that the state government is doing a thorough review of the implementation of all proposals every month. Monitoring from District Collector to Chief Secretary level is being given momentum. He instructed the officials to speed up land allocation and connectivity works for wind, hybrid, battery storage and pump storage projects.
The Chief Minister said that renewable energy has an important role in fulfilling the purpose of making Rajasthan a surplus state in the field of energy. The government is trying to increase the state’s renewable energy production capacity from 30 gW to 125 gW in the coming years. The government is also insisting on innovations like pump storage and battery storage along with solar and wind power -based projects.
Investors expressed gratitude to the Chief Minister, said- great atmosphere for investment in the state
On this occasion, investors gave detailed information about the progress of works on their MoUs. He said that according to the intention of the state government, all the projects will be put on the ground with time -bound and transparency. Investors thanked the Chief Minister’s initiative on the resolution of their various subjects. He said that in Rajasthan, there is a great atmosphere for investment during the present government.
Implementation of MoUs related to renewable energy continues-
It was informed in the meeting that under the Rising Rajasthan Summit, 31 MoUs of Rs 4.23 lakh crore have been made for the establishment of 66.40 GW capacity winds and hybrid projects. Out of these, 14 MOU projects of 26 thousand 970 MW have been registered for investment of Rs 2 lakh crore and work has been started under 12 MoUs.
Under the summit, a total of 18 MoUs worth Rs 53 thousand 900 crore were done for battery storage projects. Among them, there have been 5 MoUs of Rs 6 thousand 250 crore for battery storage manufacturers and 13 MoUs of Rs 47 thousand 650 crore with developers for battery storage.
There have been 13 MoUs for 20.5 GW with an investment of Rs 1.52 lakh crore for pump storage projects. Of these, 4 MoUs of 6 thousand 940 MW capacity of Rs 73 thousand 800 crore by CPSU, 9 MoUs of 13 thousand 600 M
On this occasion, the Chief Secretary, Additional Chief Secretary of various departments, Principal Secretary, Government Secretary, Pawan, Hybrid, Pump Storage and Investors related to battery storage projects were present.
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Web Title-Government committed to complete the investment agreements of Rajing Rajasthan on Time: Bhajanlal Sharma
