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This will be under a joint venture with RVUNL.
lndraprastha Gas Limited’s (IGL) board has approved the establishment of a solar plant in the State of Rajasthan.
In a bourse filing, the company said this will be through a joint venture with Rajasthan Rajya Vidyut Utpadan Nigam Limited, with an estimated equity investment of INR 382 crores by IGL.
The proposed investment is subject to the execution of a definitive agreement whose terms and conditions are to be mutually agreed upon, and fulfillment of other terms and conditions precedent for the proposed investment.
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