Adani Enterprises has signed a memorandum of understanding with the state-run Rajasthan Renewable Energy Corporation to build India’s largest solar park.Â Â
Gautam Adani, chairman, Adani Group (Wikimedia Commons)
The scheme will be built in the north-western state of Rajasthan, and will contain a manufacturing plant for making photovoltaic modules, parts and equipment.Â
The project is expected to be built over the next 10 years and will cost an estimated $6.4bn.Â Â
Gautam Adani, Adani Group chairman, (pictured) said: "India has embarked upon an ambitious programme of becoming a world leader in renewable power generation, with a special focus on solar.Â Â Â
"The development of Solar Park facility is our contribution towards realization of our Honourable Prime Minister’s campaign and commitment towards clean and green energy in India."Â
A joint venture between Adani and SunEdison is to build a $4bn plant in the south western state of Gujarat.Â
Narendra Modi, the present prime minister of India, was a champion of solar power during his time as chief minister of Gujarat. During his tenure, Modi spurred companies to build more than 900MW of solar plant across the state in a couple of years. Now, as prime minister, he has promised to provide electricity to every inhabitant of Indian, and to expand the country’s solar power industry.