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The Rajasthan government on Saturday approved customised incentive packages for 10 ultra mega projects involving an investment of about Rs 46,000 crore, officials said. The Board of Investment, in a meeting chaired by Chief Minister Bhajanlal Sharma, approved proposals related to solar module and cell manufacturing, renewable energy, cement, mines and minerals, automobile, chemical, textile and tourism sectors, an official statement said. The projects are expected to generate employment for more than 12,000 people in the state. The chief minister said the government's priority is to promote revenue growth along with job creation and directed officials to regularly monitor the progress of companies availing benefits under the Rajasthan Investment Promotion Scheme (RIPS). Sharma also instructed officials to review district-wise progress of MoUs signed during the Rising Rajasthan Global Investment Summit and to promote the "One District One Product" initiative. He further called for .
Hindustan Power on Tuesday said it has won a bid from SECI to develop a solar project with an energy storage system. The project will require the installation of around 300 MWp of solar capacity and 300 MWh of Battery Energy Storage Systems (BESS), the company said in a statement. It has also secured a project from SECI to develop a solar and battery energy storage facility with a contracted capacity of 150 MW of solar power. Hindustan Power is a leading integrated power-generation company in India, focused on renewable and transitional energy solutions.
KPI Green Energy on Monday said it has inked contract agreements with state-owned SJVN Ltd for an order worth Rs 696.50 crore to develop a 200 MW (AC) solar power project at the GIPCL Renewable Energy Park in Khavda, Gujarat. This development represents a major advancement in KPI Green's expanding portfolio of utility-scale renewable energy projects, a company statement said. KPI Green Energy Ltd has signed contract agreements with SJVN Ltd, a Government of India enterprise, for the execution of a 200 MW (AC) solar power project at the GIPCL Renewable Energy Park in Khavda, Gujarat, according to the statement. The contract, valued at Rs 696.50 crore (excluding GST), reinforces KPI Green's position as a credible and trusted EPC partner for large-scale renewable projects, it stated. Under the executed agreements, KPI Green will supply all plant and equipment required for the 200 MW (AC) solar project, in accordance with approved specifications and quality assurance plans. It is also
Jakson Group on Sunday kickstarted its Rs 8,000-crore investment to set up a 6 GW integrated solar manufacturing facility in Madhya Pradesh. Chief Minister Mohan Yadav on Sunday laid down the foundation for the first phase of the project, which involves setting up 3 GW cell and 4 GW solar module manufacturing capacity, Jakson Group said in a statement. The overall plan will se 6 GW of ingot, 6 GW wafer, 6 GW cell and 6 GW of solar module manufacturing capacity over the next three years, generating 4,000 new job opportunities. As per company information, Phase 1 involves investment of Rs 2,000 core to set up up 3 GW cell and 4 GW of module-making capacity. Phase 1 is expected to generate 1,700 employment opportunities. Yadav said, "The solar manufacturing hub at Maksi will create skilled jobs for our youth and position our state as the manufacturing and logistics centre of India's clean energy transition." He said the project reflects Madhya Pradesh's strength as a growth-focused s