Jaipur, Sept. 20 -- State-owned Oil India Limited (OIL) has signed a Joint Venture Agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) to develop 1.2 GW of renewable energy projects in Rajasthan, the company announced on Friday.

The projects include 1,000 MW of solar power and 200 MW of wind power to be established within RVUNL's Renewable Energy Park.

The joint venture will combine OIL's expertise in the energy sector with RVUNL's experience in power project development to deliver sustainable energy solutions.

The partnership will focus on solar, wind, green hydrogen, and other renewable energy initiatives, supplying clean power to Distribution Companies (DISCOMs) and commercial customers.

The agreement was sign...