Paschim Renewables: Paschim Renewables to invest Rs 150 crore in Karnataka for 30 MW solar project

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Bengaluru-based ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/paschim-renewables” target=”_blank”>Paschim Renewables Pvt Ltd (PRPL), a clean energy company, will set up a 30 MW ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/solar-power-generation-facility” target=”_blank”>solar power generation facility in Karnataka’s ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/raichur-district” target=”_blank”>Raichur district. The project, with a total proposed investment of Rs 150 crore, is expected to be completed within two years (2024-25).

Per the MoU, the Karnataka government will facilitate PRPL in obtaining necessary permissions, registrations, approvals, and incentives under the existing policies and regulations.

According to PRPL, the project is expected to generate approximately 25 permanent jobs and 100…



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Paschim Renewables: Paschim Renewables to invest Rs 150 crore in Karnataka for 30 MW solar project


Bengaluru-based ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/paschim-renewables” target=”_blank”>Paschim Renewables Pvt Ltd (PRPL), a clean energy company, will set up a 30 MW ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/solar-power-generation-facility” target=”_blank”>solar power generation facility in Karnataka’s ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/raichur-district” target=”_blank”>Raichur district. The project, with a total proposed investment of Rs 150 crore, is expected to be completed within two years (2024-25).

Per the MoU, the Karnataka government will facilitate PRPL in obtaining necessary permissions, registrations, approvals, and incentives under the existing policies and regulations.

According to PRPL, the project is expected to generate approximately 25 permanent jobs and 100…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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