| Key Highlights | Details |
|---|---|
| Entities Involved | Oil India Limited (OIL) and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) |
| Agreement Signed | Joint Venture Agreement (JVA) |
| Project Capacity | 1.2 GW (1000 MW solar + 200 MW wind) |
| Location | Renewable Energy Park, Rajasthan |
| Objective | Develop green energy projects to support India's clean energy transition |
| Key Figures Present at Signing | Devendra Shringi (CMD, RVUNL), Ranjan Goswami (ED, OIL), Ajitabh Sharma (Energy Secretary, Rajasthan), Trailukya Borgohain (Director, OIL) |
| Subsidiary for Renewables | OIL Green Energy Limited (OGEL) |
| Recent Related Development | Oil India signed an MoU with Hindustan Copper Limited (HCL) for critical minerals exploration |
| Focus Areas Under OGEL | Solar and wind power, compressed biogas (CBG), energy storage systems, green hydrogen development |
| Alignment with National Goals | Supports India's target of 500 GW renewable energy capacity by 2030 |

