UAE is going to set up a project of 60 thousand MW capacity in Rajasthan with an investment of three lakh crore rupees. The central government is diverting MoUs with UAE towards Rajasthan. This can prove to be a gamechanger not only for the energy sector, but also for the state’s economy. The UAE government is drafting under the major strategic scheme.
UAE Investment Minister Mohammad Hassan Al Suvidi and India Foreign Minister S.K. The MoU was signed between Jaishankar. An MoU was also done in the presence of the Chief Minister in Jaipur just before the Rising Rajasthan Investment Global Summit, but it was not included in 35 lakh crores.
Rajasthan has the highest solar energy in India. It has a capacity of 5.72 units of solar energy every year from the area per sqm. Whereas, Gujarat, Maharashtra, Karnataka and other states are far behind Rajasthan. This is the reason why investors are more eyeing Rajasthan.