Rajasthan state cabinet approves joint ventures with Union government for power generation, metro services, and infrastructure investment trust.

Rajasthan's state cabinet has approved joint ventures with the Union government to boost power generation, strengthen metro services, and form an infrastructure investment trust (InvIT) for monetizing transmission assets. The JVs will develop, operate, and implement metro rail projects, while separate JVs will be established for thermal and renewable energy projects. The InvIT will be registered with SEBI and aims to result in an investment of Rs 1 lakh crore in the state.

August 03, 2024
4 Articles