Rajasthan Cabinet approves setting up four joint ventures in energy sector
The Rajasthan Cabinet on Saturday approved a proposal for the setting up of four joint venture companies in the energy sector, which will work on projects related to renewable and thermal power generation and transmission.
The state Cabinet chaired by Chief Minister Bhajanlal Sharma also approved the development of metro rail projects in the state.
Apart from setting up joint ventures for renewable and thermal power projects and power transmission projects, the Cabinet also cleared the formation of an infrastructure investment trust, according to an official statement.
Deputy Chief Minister Premchand Bairwa, Industry and Commerce Minister Rajyavardhan Singh Rathore and Parliamentary Affairs Minister Jogaram Patel informed about the decisions, the statement said.
Bairwa said that as per the Metro Rail Policy 2017, the proposal for the formation of a joint venture company between the central government and the state was approved. This joint venture will be for the development, operat