Rajasthan Cabinet approves setting up four joint ventures in energy sector

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The Rajasthan Cabinet on Saturday approved a proposal for the setting up of four joint venture companies in the energy sector, which will work on projects related to renewable and thermal power generation and transmission.

Apart from setting up joint ventures for renewable and thermal power projects and power transmission projects, the Cabinet also cleared the formation of an infrastructure investment trust, according to an official statement.

The state Cabinet chaired by Chief Minister Bhajanlal Sharma also approved the development of metro rail projects in the state.

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Category: BusinessFinance

Markets: India

Topics: Rajasthan Cabinet Energy sector Parliamentary Affairs Minister Patel Industry and Commerce Minister Rathore Chief Minister Bhajanlal Sharma Joint venture companies

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-03 @ 23:19:02 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 523 words

Reading Time: 3 minutes read

Sentences: 22 lines

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Copyright Owner: © Business Standard

News ID: 21908027

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