JAIPUR: In a bid to accelerate renewable energy initiatives in the desert state, a crucial Memorandum of Understanding (MoU) was signed between the Rajasthan Renewable Energy Corporation Limited (RRECL), Government of Rajasthan, and The Energy and Resources Institute (TERI) on Friday. The MoU seeks to ensure active and vibrant collaboration for advancing renewable energy deployment, energy transition strategies, and sustainable development initiatives in Rajasthan.
The MoU signing ceremony was held at the RRECL headquarters in Jaipur in the presence of Dr Rohit Gupta, Chairman & Managing Director of RRECL, Government of Rajasthan and other senior officials from both organisations. The MoU was formally signed on behalf of RRECL by Mr Yogendra Mathur, Director (Technical), and by Mr Girish Sethi, Senior Director of TERI.
The partnership between the two sides aims to strengthen cooperation in areas like renewable energy, Agri-PV initiatives, energy storage solutions, grid integration, innovative policy frameworks, electric mobility, energy transition, emerging technologies, and capacity building initiatives.
The Energy and Resources Institute (TERI), established in 1974, is an innovator and agent of change in the energy, environment, climate change, and sustainability space, and has pioneered conversations and action in these areas for over five decades.
Delivering the welcome address, the CMD, RRECL underscored the vision of undertaking large-scale, replicable energy transition projects and emphasized the importance of engaging farmers, power off takers, and other stakeholders to accelerate Rajasthan’s clean energy ambitions and foster sustainable growth.
He highlighted that under this collaboration, RRECL and TERI will undertake research and analytical initiatives to develop innovative financing structures, support pilot projects, organize stakeholder consultations, and promote sustainable energy development.
