Renewable energy player Tata Power will invest Rs 1.2 lakh crore across the power value chain in Rajasthan over the next decade, the company said on Monday. It signed an MoU with the government of Rajasthan at the ongoing Rising Rajasthan Investor Meet in New Delhi. The agreement involves comprehensive investment across generation to transmission and distribution (T&D) as well as cutting-edge renewable energy projects across the state, including solar, wind, hybrid, and battery energy storage systems (BESS) including rooftop solar and EV Charging. "This ambitious 10-year plan aims to support Rajasthan's transformation into a power surplus state, providing 24/7 clean, affordable, and reliable power supply with investments in renewable energy projects and manufacturing, transmission, distribution, nuclear power, rooftop installations, and EV charging," the company said in a press statement, adding that the MoU will place Rajasthan at the heart of the nation's clean energy transition, contributing significantly to India's energy goals.