26.10 (1.17%) Adani Enterprises (AEL), the flagship company of Adani Group, India’s leading integrated infrastructure player has signed a Memorandum of Understanding (MoU) with Government of Rajasthan to jointly set up India’s largest solar park of 10,000 MW in Rajasthan.
AEL and Rajasthan Renewable Energy Corporation will form a joint venture to set up the solar park, which will include generation projects and a manufacturing unit for solar module, parts and equipment. The solar park will produce clean & green energy of approximately 16,644 million units, furthering India’s goals for clean, renewable energy independence.
The company had last month inked a MoU with US-based SunEdison lnc to jointly invest $4 billion in setting up India’s largest integrated solar photovoltaic making plant in Mundra, Gujarat.