Explanation:

State-owned THDC India Limited (THDCIL) has signed a pact to build 10,000MW solar power projects entailing an investment of ?10,000 crore in Rajasthan.

THDC India Limited (THDCIL) signed the letter of intent (LoI) of 10,000MW in Rajasthan with an estimated investment of ?40,000 crore for the establishment of renewable energy parks/projects of 10,000MW in the presence of the Chief Minister, Rajasthan, and the Minister for Industry, Revenue and Energy, Government of Rajasthan.

On behalf of THDCIL, its Director (Finance) signed the LoI in Jaipur, which was accepted by Rajasthan Additional Chief Secretary, who is also the CMD of RRECL (Rajasthan Renewable Energy Corporation Limited).

Rajasthan Renewable Energy Corporation Limited (RRECL) had been formed by merging erstwhile REDA (Rajasthan Energy Development Agency) and the Rajasthan State Power Corporation Ltd (RSPCL) in August 2002.

RRECL is working as a State Nodal Agency for promoting & developing Non-conventional Energy Sources in the State and as a State Designated Agency (SDA) for enforcement of provisions of Energy Conservation Act 2001 in the State.