This partnership between a public sector oil company and a state-owned power generation utility is a prime example of collaboration to meet India's ambitious renewable energy targets. 

The country has set a goal to have 500 GW of renewable energy capacity by 2030. 

The joint venture will focus on solar, wind, and green hydrogen projects in Rajasthan, a state with high solar potential. 

This move is part of a broader national push for energy security and a cleaner energy mix, with the new projects expected to provide clean power to distribution companies and commercial customers. 

This initiative also reflects a growing trend among state-owned enterprises to diversify their energy portfolios away from fossil fuels.