SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

ReNew partners with Google to develop 150 MW solar project in Rajasthan

#Builders & Projects#Infrastructure#India#Rajasthan
Last Updated : 17th Dec, 2025
Synopsis

ReNew Energy Global has partnered with Google to develop a 150 MW solar power project in Rajasthan, strengthening corporate participation in India's clean energy transition. Scheduled for commissioning in 2026, the project is expected to generate around 425,000 MWh of renewable electricity annually, enough to power over 360,000 households. Under a long-term agreement, Google will procure the project's energy attributes, including carbon credits, supporting its decarbonisation goals while ensuring project viability. The collaboration expands ReNew's commercial and industrial renewable portfolio to 2.7 GW. The project aligns with India's target of scaling non-fossil fuel capacity and highlights growing demand for large-scale, corporate-backed renewable energy investments.

Decarbonisation solutions provider ReNew Energy Global has partnered with technology major Google to develop a 150 MW solar power project in Rajasthan, marking a significant corporate clean energy collaboration in India. Under the arrangement, Google will procure the project's energy attributes, including carbon credits, through a long-term agreement that supports the project's financial viability.


The solar project is expected to be commissioned in 2026 and is projected to generate around 425,000 MWh of clean electricity annually. This output is estimated to be sufficient to power more than 360,000 Indian households each year, contributing to grid-scale renewable capacity in the region.

The long-term procurement structure is aimed at enabling the addition of new renewable energy capacity while helping Google make progress in reducing emissions across its value chain. For ReNew, the project further expands its committed commercial and industrial portfolio to 2.7 GW, reinforcing its presence in the corporate renewable energy and carbon reduction segment.

The partnership aligns with India's broader clean energy transition goals, including the national target of achieving 500 GW of non-fossil fuel energy capacity by 2030, and reflects increasing global corporate participation in India's renewable energy market.

Source - PTI

Have something to say? Post your comment