Essar Renewables Signs INR 20,000 Crore MoU with Gujarat Govt to Develop 4 GW RE Projects
Essar Renewables has signed an MoU with the Government of Gujarat to invest INR 20,000 crore in 4 GW of solar, wind, and battery storage projects across Kutch, Jamnagar, and Devbhumi Dwarka districts, at Vibrant Gujarat Regional Conference (North Gujarat) held at Mehsana, Gujarat.
October 13, 2025. By Mrinmoy Dey
The MoU was exchanged during the Vibrant Gujarat Regional Conference (North Gujarat) held at Mehsana, Gujarat.
The signing took place in the presence of Gujarat Chief Minister Bhupendra Patel and Union Minister for New and Renewable Energy Pralhad Joshi and was represented by Ankur Kumar, CEO, Essar Renewables. The MoU is aligned with the state’s focus on building a green energy ecosystem for energy independence, aligned with the vision of Viksit Gujarat – Viksit Bharat @ 2047.
Essar Renewables focuses on solar, wind, and battery energy storage projects, with plans to develop over 8 GW of capacity within five years. The company aims to expand its renewable portfolio through innovation and strategic partnerships.
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