MoUs Over Rs7 Tn Signed In Gujarat


Record MoUs have been signed in a single day in the presence of Chief Minister Bhupendra Patel


The MoU ceremony was held at Gandhinagar as part of the 10th Vibrant Gujarat Global Summit-2024

FinTech BizNews Service

Mumbai, January 3, 2024: Record MoUs worth more than Rs7 lakh crores have

been signed in a single day in the presence of Chief Minister Bhupendra Patel on

Wednesday.

Under the MoU ceremony held today at Gandhinagar in the run up to the 10th

Vibrant Gujarat Global Summit-2024, maximum investments have been made in

power, oil and gas as well as petrochemicals sectors between various govt public

enterprises and leading private companies.

Under the MoU signed on Wednesday, January 3, following are the investment

details as per the important MoUs signed in the oil and gas and energy-

petrochemicals sector:

Company MoU Amount (in Rs Crores)

1) NTPC 1,60,000

2) Torrent Power 47, 350

3) Power Finance Corp. Ltd. 25,000

4) ONGC 11,835

5) Gujarat Industries Power Company Limited 7,953

6) Power Grid Corp. Li 15, 383

7) Hindustan Petroleum Corp. Ltd. 4,322

8) NHPC Limited 4,000

9) Indian Oil Corp. Ltd. 1,700

10) Arvind Limited 3,045

11) ArcelorMittal Nippon Steel India Ltd. 1,14,500

12) DCM Shriram Limited 12,000

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