Funding
Paschim Renewables: Paschim Renewables to invest Rs 150 crore in Karnataka for 30 MW solar project
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Bengaluru-based Paschim Renewables Pvt Ltd (PRPL), a clean energy company, will set up a 30 MW solar power generation facility in Karnataka’s Raichur district. The project, with a total proposed investment of Rs 150 crore, is expected to be completed within two years (2024-25).
Per the MoU, the Karnataka government will facilitate PRPL in obtaining necessary permissions, registrations, approvals, and incentives under the existing policies and regulations.
According to PRPL, the project is expected to generate approximately 25 permanent jobs and 100…
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