THDCIL Signed LoI For Investment Of ₹ 40,000 Cr With
Govt Of Rajasthan
State-owned hydro power generator THDC proposes mega investment in Rajasthan for setting up renewable energy projects. The company signed the Letter of Intent (LOI) for putting up 10,000 MW of renewable capacity in Rajasthan with an estimated investment of ₹40,000 crores. The investment will go into establishment of Renewable Energy Parks and projects.
The projects are planned to be commissioned between 3rd and 5th year in a phased manner. The mega ventures by THDCIL and RRECL will usher in the socio-economic development of the project areas and also bring in cheap solar electricity in the region, the statement added. This shall also contribute towards RE capacity addition target of 500GW by 2030 set out by Govt. of India at COP 26, it said.
“It is the beginning of our mutual relationship with Govt. of Rajasthan as THDCIL is expanding its business operations in various parts of the country," J. Behera, Director (Finance) said.
To Create Capacity By 2030, Indian Railways Issues
Draft National Rail Plan
To tackle the inadequacies of capacity limitations and improve its modal share and business in total freight ecosystem of the country, Indian Railways issued draft National Rail Plan. The objective of the Plan is to create capacity ahead of demand by 2030, which in turn would cater to growth in demand right up to 2050.
As part of the National Rail Plan, Vision 2024 has been launched for sped up implementation of certain critical projects by 2024. Future projects for implementation beyond 2024 in both track and signaling have been identified with clear cut timelines for implementation.
Three Dedicated Freight Corridors, namely East Coast, East-West & North-South have been identified along with timelines. Several new High Speed Rail Corridors have also been identified. Survey on Delhi-Varanasi High Speed Rail is already under way.
