♦ Oil India Limited (OIL) has signed a Joint Venture Agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) for developing 1.2 GW of renewable energy projects in Rajasthan.
♦ The signed projects include 1000 MW of solar power and 200 MW of wind power capacity to be established within RVUNL’s Renewable Energy Park.
♦ The formed joint venture company will harness OIL’s energy sector expertise and RVUNL’s extensive experience in power project development to deliver sustainable energy solutions.