The Indian state of Bihar has received investments proposals totaling INR 1.8 lakh crore across various sectors, with INR 90,734 crore committed in renewable energy sector alone. The memorandum of understanding were signed between the investors and the state government during Bihar Business Connect 2024 recently.
Oil and gas company Sun Petrochemicals has committed an investment of INR 36,700 crore in renewable energy, including pumped hydro storage and solar plant.
NTPC Green will invest INR 10,000 crore in building solar plants. SJVN will invest INR 10,000 crore in pumped storage and NHPC INR 5,500 crore. Among other investors, Maharashtra-based construction engineering company Ashoka Buildcon has committed INR 9,000 crore in setting up a green hydrogen production plant in Bihar. Surya International will invest INR 1,000 crore and HPCL INR 500 crore.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.