Renewable energy projects: Torrent Power commits investment of Rs 64,200 cr

The power arm of Torrent Group made a commitment of 10 Gigawatt (GW) of installed Renewable Energy (RE) capacity by 2030

renewable energy, torrent power, investment, gujarat, solar, wind, hybrid, green ammonia, employment, commitment, capacity

Image used for representative Image

Ahmedabad-based Torrent Power Limited made a commitment of Rs 64,200 crore through two “shapath patra” with the Union Ministry of New and Renewable Energy at the fourth Global RE-INVEST Conference in Gandhinagar on Monday.

The power arm of Torrent Group made a commitment of 10 Gigawatt (GW) of installed Renewable Energy (RE) capacity by 2030, with an investment of Rs 57,000 crore, after signing an MoU with the Gujarat government for setting up a solar, wind or solar-wind hybrid project of 5GW capacity at Devbhumi Dwarka.

The second commitment was for setting up a green ammonia production facility of 1,00,000 Kilo Tonnes Per Annum (KTPA) capacity with an investment of Rs 7,200 crore besides generating employment for around 1,000 people.

Stay updated with the latest - Click here to follow us on Instagram

You May Like

Jail term over 2 years or serious charges: MHA issues new grounds to cancel OCI cards

India1 hr ago

The Indian government has announced that OCI cards, which allow foreign nationals of Indian origin to visit India without a visa, can be cancelled if the holder is sentenced to imprisonment for at least two years or is named in a charge sheet for an offence punishable by seven years or more. This new rule, effective since August 2005, adds to the existing grounds for revoking OCI status.

View all shorts

Live Blog

Top Stories

‘Minta Devi, 124 Not Out’ — error in Bihar woman’s age on voters’ list gives ammo to Opposition; she says gave correct details

‘Minta Devi, 124 not out’ – error in Bihar woman’s age on voter list gives ammo to Opposition

Entertainment 'I had tussles with Salman on Tiger,' Kabir Khan recounts how he cast the superstar in Bajrangi Bhaijaan: 'Salman feels very strongly about secularism'

India's new batting modus operandi is closer to the good-old Test match approach and more refined than the batting philosophy prevalent over the last few years.

Sports India’s batting success secret revealed: How did Gambhir and Gill effect turnaround in England after nightmare in Australia

C Raja Mohan writes: When Trump meets Putin, hurdles crossed and yet to come

Opinion When Trump meets Putin, hurdles crossed and yet to come