Connection

popular articles

Uganda: 21 activists arrested during a march against the EACOP project
Stalemate on the Aphrodite gas project in Cyprus
Rosatom’s RITM-200N: A nuclear reactor for remote areas
Pipeline fire near Houston impacts natural liquids market
Renewable energy creates a record 2.5 million jobs in 2023

India Invests $12 Billion in Rajasthan with Avaada

A $12 billion investment in Rajasthan aims to strengthen the state’s industrial and energy capacities, while boosting employment and economic attractiveness.

Please share:

The state of Rajasthan, located in northwestern India, is set to receive a strategic industrial investment of $12 billion. This funding, confirmed during the Rising Rajasthan 2024 summit, aims to bolster the region’s energy and industrial infrastructure, consolidating its position in national and international large-scale projects.

Structuring projects

The allocated funds are distributed across several key axes designed to optimize the state’s industrial and energy capacities:

– Energy storage systems: Development of 1,200 MW installations designed to stabilize energy supply and meet the needs of key industrial sectors.
– Integrated industrial hubs: Located in strategic regions such as Jhalawar, Kota, and Barmer, these hubs will provide modern infrastructure to attract production companies.
– Energy transformation projects: These initiatives include the construction of industrial complexes optimized to minimize operating costs and maximize local production capacities.

An ambitious economic vision

Rajasthan, endowed with abundant natural resources and a strategic geographic position, is becoming a prime hub for investors. With more than $78 billion in cumulative investments, the state benefits from an attractive policy supported by the Rajasthan Investment Promotion Scheme 2024. This framework encourages tax exemptions and financial incentives for companies seeking to establish themselves in the region.

Political leaders have emphasized the importance of these projects for modernizing regional infrastructure and strengthening competitiveness on the international stage. These initiatives also allow India to consolidate its trade exchanges with key partners and diversify its industrial capacities.

Strategic impacts

With this investment, Rajasthan aims to create over one million jobs and attract international collaborations in industrial and energy sectors. These developments also reinforce the state’s economic autonomy while aligning its ambitions with international regulatory frameworks.

The government thus hopes to strengthen the state’s contribution to the national GDP and increase its role in global value chains, capitalizing on opportunities provided by modernized infrastructure and a favorable political environment.

Register free of charge for uninterrupted access.

Publicite

Latest news

Russia warns of 200,000 tons of soil threatened after an oil spill
Germany modernizes its wind farms with tripled capacity
Scotland Adds 195 MW of Wind Energy and Storage Capacity with Boralex
A 300 MW Solar Project in Texas Backed by Meta and Longroad Energy
China and Ant Digital Technologies secure 200 million for solar assets

Recently published in

Jean-Christian Bergeron appointed as head of Rubis Énergie to accelerate growth

Rubis, an energy group based in Paris, appoints Jean-Christian Bergeron as the General Manager of Rubis Énergie. He will assume his role in January 2025 to lead growth strategy in global energy distribution markets.
ABB strengthens its business strategy in renewable energy with the acquisition of Gamesa Electric
The Swiss-Swedish group ABB acquires strategic activities from Gamesa Electric, consolidating its business strategy in renewable energy through equipment for wind, solar, and storage.
en_1140935540
ABB strengthens its business strategy in renewable energy with the acquisition of Gamesa Electric
The Swiss-Swedish group ABB acquires strategic activities from Gamesa Electric, consolidating its business strategy in renewable energy through equipment for wind, solar, and storage.
en_1140935540
EIB Grants €243 Million to ERG to Strengthen Its Wind and Solar Assets in Europe
The European Investment Bank finances the development and modernization of energy infrastructure in France, Italy, and Germany, supporting a portfolio of 270 MW of renewable projects.
en_1140927540
EIB Grants €243 Million to ERG to Strengthen Its Wind and Solar Assets in Europe
The European Investment Bank finances the development and modernization of energy infrastructure in France, Italy, and Germany, supporting a portfolio of 270 MW of renewable projects.
en_1140927540
Pattern Energy welcomes a new investment to accelerate its growth in renewable energy
Pattern Energy announces the entry of a consortium led by APG and ART, marking a major milestone in its expansion with over 25 GW of renewable energy projects across North America.
en_1140932540
Pattern Energy welcomes a new investment to accelerate its growth in renewable energy
Pattern Energy announces the entry of a consortium led by APG and ART, marking a major milestone in its expansion with over 25 GW of renewable energy projects across North America.
en_1140932540

Blockade at GE Vernova Site in Montoir-de-Bretagne: Unions Oppose Job Cuts

Access to the GE Vernova plant in Montoir-de-Bretagne has been blocked since Friday by unions protesting against the planned elimination of 140 jobs.
The IFC invests $30 million in an energy fund to strengthen its strategy in Africa
The International Finance Corporation (IFC) injects $30 million into Inspired Evolution Fund III, a fund focused on renewable energy, as part of its diversification and expansion strategy in Africa's growing markets.
en_1140907540
The IFC invests $30 million in an energy fund to strengthen its strategy in Africa
The International Finance Corporation (IFC) injects $30 million into Inspired Evolution Fund III, a fund focused on renewable energy, as part of its diversification and expansion strategy in Africa's growing markets.
en_1140907540
Marathon Petroleum Announces the Release of 2024 Financial Results
Marathon Petroleum Corp. (MPC) will reveal its financial results for the fourth quarter and full year 2024 during a conference on February 4, 2025. The information will be available online, with a webcast replay accessible for two weeks.
en_1140853540
Marathon Petroleum Announces the Release of 2024 Financial Results
Marathon Petroleum Corp. (MPC) will reveal its financial results for the fourth quarter and full year 2024 during a conference on February 4, 2025. The information will be available online, with a webcast replay accessible for two weeks.
en_1140853540
Suez: departure of CEO Sabrina Soussan and major governance reorganization
Suez announces the unexpected departure of its CEO Sabrina Soussan effective January 31, 2025. A transitional organizational shift is underway with Thierry Déau, chairman of the board, ensuring continuity and the group’s future.
en_1140804540
Suez: departure of CEO Sabrina Soussan and major governance reorganization
Suez announces the unexpected departure of its CEO Sabrina Soussan effective January 31, 2025. A transitional organizational shift is underway with Thierry Déau, chairman of the board, ensuring continuity and the group’s future.
en_1140804540

BP and JERA form a strategic joint venture to become a global leader in offshore wind energy

BP and JERA join forces to create JERA Nex BP, a joint venture aimed at developing a 13 GW offshore wind project portfolio. This strategic initiative reflects a disciplined growth model while strengthening their presence in Europe and Asia-Pacific.
France: Enedis commits €3.6 billion to its business strategy for modernizing the electric grid
Enedis is investing €3.6 billion in an ambitious strategy to modernize the French electric grid, enhance its climate resilience, and support the national industry.
en_1140772540
France: Enedis commits €3.6 billion to its business strategy for modernizing the electric grid
Enedis is investing €3.6 billion in an ambitious strategy to modernize the French electric grid, enhance its climate resilience, and support the national industry.
en_1140772540
Elyse Energy raises €120 million to accelerate its sustainable fuel projects
Elyse Energy, a French SME, announces €120 million in funding to develop synthetic methanol and sustainable fuel plants, targeting the decarbonization of the aviation, maritime, and chemical sectors.
en_1140773540
Elyse Energy raises €120 million to accelerate its sustainable fuel projects
Elyse Energy, a French SME, announces €120 million in funding to develop synthetic methanol and sustainable fuel plants, targeting the decarbonization of the aviation, maritime, and chemical sectors.
en_1140773540
TotalEnergies acquires developer VSB to strengthen its energy strategy
As part of its global energy strategy, TotalEnergies invests €1.57 billion to acquire the German group VSB, a major player in wind and solar projects in Europe.
en_1140735540
TotalEnergies acquires developer VSB to strengthen its energy strategy
As part of its global energy strategy, TotalEnergies invests €1.57 billion to acquire the German group VSB, a major player in wind and solar projects in Europe.
en_1140735540

Aramco finalizes the acquisition of 10% of Horse Powertrain

Aramco completes the acquisition of a 10% stake in Horse Powertrain, valued at €7.4 billion, specializing in hybrid and thermal powertrain solutions.
Amprion launches a tender for a decentralized grid booster
Amprion opens a tender for the construction and operation of a decentralized grid booster, a strategic project aimed at reducing redispatch costs and strengthening network efficiency.
en_1140674540
Amprion launches a tender for a decentralized grid booster
Amprion opens a tender for the construction and operation of a decentralized grid booster, a strategic project aimed at reducing redispatch costs and strengthening network efficiency.
en_1140674540
Arkolia accelerates its development with the support of Mirova and BNP Paribas
Mirova and BNP Paribas Asset Management acquire a majority stake in Arkolia, a French renewable energy player, to support its growth and achieve 1.5 GW capacity by 2030.
en_1140678540
Arkolia accelerates its development with the support of Mirova and BNP Paribas
Mirova and BNP Paribas Asset Management acquire a majority stake in Arkolia, a French renewable energy player, to support its growth and achieve 1.5 GW capacity by 2030.
en_1140678540
Axpo secures 163 MW of renewable energy in France through Urbasolar and Volkswind
Axpo's solar and wind divisions secure a total of 163 MW in two tenders in France, strengthening their key role in the European energy transition strategy.
en_1140640540
Axpo secures 163 MW of renewable energy in France through Urbasolar and Volkswind
Axpo's solar and wind divisions secure a total of 163 MW in two tenders in France, strengthening their key role in the European energy transition strategy.
en_1140640540

EDF: An investigation opened into undue benefits for its former executives

The National Financial Prosecutor's Office is investigating suspicions of public fund misappropriation involving EDF. Material benefits were allegedly granted to its former executives without any legal framework over several years.
Masdar completes strategic acquisition of TERNA ENERGY to accelerate growth in Europe
Masdar strengthens its global energy portfolio with the acquisition of 70% of TERNA ENERGY, marking a key step in the strategic transfer of assets for Europe’s energy transition.
en_1140638540
Masdar completes strategic acquisition of TERNA ENERGY to accelerate growth in Europe
Masdar strengthens its global energy portfolio with the acquisition of 70% of TERNA ENERGY, marking a key step in the strategic transfer of assets for Europe’s energy transition.
en_1140638540
Eni distributes over three million free shares to its employees
Eni distributes over three million free shares to its employees
en_1140649540
Eni distributes over three million free shares to its employees
Eni distributes over three million free shares to its employees
en_1140649540
Africa Oil strengthens its strategic shareholding in Impact Oil: 39.5% of shares acquired
Africa Oil Corporation increases its stake in Impact Oil & Gas to 39.5%, consolidating its investment strategy in the Orange Basin of Namibia, a key region for the oil sector.
en_1140548540
Africa Oil strengthens its strategic shareholding in Impact Oil: 39.5% of shares acquired
Africa Oil Corporation increases its stake in Impact Oil & Gas to 39.5%, consolidating its investment strategy in the Orange Basin of Namibia, a key region for the oil sector.
en_1140548540

Technip Energies anticipates 43% revenue growth by 2028

Technip Energies, a key player in energy engineering, announces ambitious forecasts: over €8.6 billion in revenue by 2028 and strengthened diversification towards decarbonization and sustainable technologies.
TerraForm Power Appoints Mark Noyes as CEO to Drive Its Strategy
Mark Noyes, a seasoned expert in renewable energy, joins TerraForm Power as CEO to steer the company’s growth strategy in the face of industry challenges and opportunities.
en_1140529540
TerraForm Power Appoints Mark Noyes as CEO to Drive Its Strategy
Mark Noyes, a seasoned expert in renewable energy, joins TerraForm Power as CEO to steer the company’s growth strategy in the face of industry challenges and opportunities.
en_1140529540
Wood Mackenzie Analysis: Trump’s Energy Policy Faces Investment Challenges but Supports Renewables
Wood Mackenzie anticipates a protectionist shift under Trump’s presidency, marked by a retreat from net-zero ambitions. However, renewables and the IRA will continue shaping the U.S. energy future.
en_1140506540
Wood Mackenzie Analysis: Trump’s Energy Policy Faces Investment Challenges but Supports Renewables
Wood Mackenzie anticipates a protectionist shift under Trump’s presidency, marked by a retreat from net-zero ambitions. However, renewables and the IRA will continue shaping the U.S. energy future.
en_1140506540
Enel announces €43 billion in investments and a dividend increase
The Italian group Enel plans to invest €43 billion by 2027, focusing on networks and renewable energies, while increasing dividends for its shareholders.
en_1140480540
Enel announces €43 billion in investments and a dividend increase
The Italian group Enel plans to invest €43 billion by 2027, focusing on networks and renewable energies, while increasing dividends for its shareholders.
en_1140480540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS