IGL and RVUNL Partner for ₹2,066 Crore, 500 MW Solar Power Project in Bikaner – EQ
In Short : Indraprastha Gas Limited (IGL) and Rajasthan Vidyut Utpadan Nigam Limited (RVUNL) have formed a joint venture to develop a 500 MW solar project in Bikaner, Rajasthan, with an investment of around ₹2,066 crore. The project aims to boost renewable capacity, support Rajasthan’s clean energy goals, and strengthen IGL’s diversification into sustainable energy ventures.
In Detail : Indraprastha Gas Limited (IGL) has taken a significant step toward diversifying its portfolio by venturing into renewable energy. The company, known primarily for city gas distribution, has partnered with Rajasthan Vidyut Utpadan Nigam Limited (RVUNL) to set up a large solar power project. This collaboration marks IGL’s entry into large-scale green energy generation.
The joint venture between IGL and RVUNL will establish a 500 megawatt solar power project in Bikaner, Rajasthan. With an estimated investment of around ₹2,066 crore, the project represents one of the region’s most ambitious renewable initiatives. It is designed to tap into Rajasthan’s vast solar potential while meeting the state’s rising demand for sustainable electricity.
Officials from both organizations have stated that the venture aligns with India’s broader renewable energy targets. By contributing additional solar capacity, the project will support the national goal of achieving 500 GW of non-fossil fuel-based capacity by 2030. The initiative also strengthens Rajasthan’s reputation as a leading state for solar energy projects.
The project is expected to provide multiple benefits, including clean power generation, job creation, and infrastructure development in Bikaner. During its construction phase, the project will generate employment opportunities for local communities. Once operational, it will supply green power to the grid, displacing fossil fuel-based electricity and cutting carbon emissions significantly.
IGL sees this partnership as a milestone in its journey toward becoming a broader clean energy company. With its expertise in energy distribution and RVUNL’s experience in power generation, the venture combines complementary strengths. Together, they aim to deliver reliable and efficient renewable energy infrastructure that supports both regional and national priorities.
Rajasthan, with its high solar irradiance and vast stretches of land, continues to be a preferred location for renewable energy investments. The Bikaner region, in particular, has become a hub for solar projects, attracting both private and public sector participation. The IGL-RVUNL project adds momentum to this growing cluster of renewable development.
Beyond power generation, the project represents an important example of public-private collaboration in the energy sector. By pooling resources, knowledge, and experience, IGL and RVUNL aim to accelerate India’s clean energy transition. Such partnerships are seen as essential for meeting ambitious climate and energy goals in a timely and cost-effective manner.
The financial commitment of ₹2,066 crore underscores the seriousness with which both partners view this venture. The investment reflects confidence in the long-term viability of renewable energy projects in India. With supportive government policies, falling solar costs, and growing demand for clean power, the project is expected to deliver sustainable returns.
Overall, the 500 MW solar project in Bikaner is more than just a business expansion for IGL. It symbolizes a strategic pivot toward sustainability, cleaner energy solutions, and alignment with India’s decarbonization mission. The collaboration with RVUNL stands as a model for future energy partnerships that can power India’s green growth story.
