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Essar Renewables signs partnership with Government of Maharashtra to develop 2GW of Renewable Energy for green mobility initiative

Jan 22, 2025over 1 year ago

Contract Type

partnership

MumbaiEnergyRenewable EnergyBiomass Energy

Description

Essar Renewables Ltd (ERL) has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to develop 2 GW of renewable energy capacity for its green mobility initiative. The company will invest approximately ₹8,000 crore in round-the-clock renewable energy projects to support the Electric Vehicle truck charging ecosystem of Blue Energy Motors and Greenline, creating opportunities for over 2,000 individuals and contributing to the state's transition to green energy and economic growth.

Company Information

Company

ESSAR Energy Transition

Location

Mumbai, Maharashtra, India

About

ESSAR Energy Transition is dedicated to advancing energy sustainability and innovation. Through its subsidiaries, it focuses on enabling the transition to low-carbon energy solutions. The company is committed to regional development and supporting the UK's decarbonisation strategy. EET aims to create integrated energy hubs that attract innovators and drive forward technology.

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