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Construction : Power Update | December 2015 | Source : Infrastructure Today

Reliance Group to develop solar park in Rajasthan

Billionaire Anil Ambani-led Reliance Group will develop a 6,000 megawatt Solar Power Park in Rajasthan, a plan that has potential to attract an investment of Rs.60,000 crore. ´The Reliance Group has signed an MoU to develop Solar Park and Solar Projects of 6,000 MW capacity, spread over nearly 30,000 acre, over next six years, with a potential to attract investment of about `60,000 crore in Rajasthan,´ Ambani said. Ambani said his group has already made investments exceeding over `7,000 crore, spread across solar power generation, telecom, roads, financial services and entertainment sectors in the state.

Reliance Group was also the first to commission the world´s largest concentrated solar power project of 100 MW. Solar parks will be developed in joint venture (JV) with Rajasthan Renewable Energy Corporation.

 
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