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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.