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Key HighlightsDetails
Entities InvolvedOil India Limited (OIL) and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL)
Agreement SignedJoint Venture Agreement (JVA)
Project Capacity1.2 GW (1000 MW solar + 200 MW wind)
LocationRenewable Energy Park, Rajasthan
ObjectiveDevelop green energy projects to support India's clean energy transition
Key Figures Present at SigningDevendra Shringi (CMD, RVUNL), Ranjan Goswami (ED, OIL), Ajitabh Sharma (Energy Secretary, Rajasthan), Trailukya Borgohain (Director, OIL)
Subsidiary for RenewablesOIL Green Energy Limited (OGEL)
Recent Related DevelopmentOil India signed an MoU with Hindustan Copper Limited (HCL) for critical minerals exploration
Focus Areas Under OGELSolar and wind power, compressed biogas (CBG), energy storage systems, green hydrogen development
Alignment with National GoalsSupports India's target of 500 GW renewable energy capacity by 2030

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