Try GOLD - Free
Rajasthan rides the crest of the renewable energy wave
Business Standard
|August 18, 2025
The state emerges as the top destination for new investment projects in Q1FY26, displacing the more advanced states of Maharashtra and Gujarat, writes Vikas Dhoot
A flurry of new investment plans in the solar and wind power sectors has propelled Rajasthan to the top of the charts across states in terms of new capital expenditure announced during the first quarter (Q1) of 2025-26, overtaking Maharashtra and Gujarat, which usually occupy the top two spots.
"Rajasthan topped the fresh investment table with a total investment of ₹2,69,391.46 crore in the form of 419 new projects," according to the latest quarterly survey of project investments in India by Projects Today, a firm tracking new and ongoing projects.
This is only slightly higher than Maharashtra's new investment tally of 684 projects worth just over ₹2.66 trillion in Q1, but far ahead of Gujarat's 459 new projects worth ₹2.1 trillion announced between April and June.
While overall investment plans across the country have risen 13.1 per cent sequentially from about ₹15.39 trillion in the last quarter of 2024-25 (FY25) to almost ₹17.41 trillion in Q1FY26, Rajasthan's share has nearly doubled from 8.3 per cent to 15.5 per cent. The state ranked fourth in Q4FY25, with new investments of a little over ₹1.27 trillion, behind Karnataka (₹1.58 trillion), Gujarat (₹1.89 trillion), and Maharashtra (₹2.24 trillion).
This story is from the August 18, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
Tariff cuts in FTAs likely to cost India ₹1 trillion in FY27
India’s customs duty forgone on account of preferential tariff reductions under free-trade agreements (FTAs) signed so far may cross ₹1 trillion in 2026-27 (FY27), according to the Budget documents.
2 mins
February 16, 2026
Business Standard
India will transit from global back office to strategic AI partner: Vaishnaw
Indian consumers are one of the largest users of AI.
2 mins
February 16, 2026
Business Standard
Addressing nutrition along with hunger
Are modern high-yielding varieties of grains less nutri- tive than traditional desi crops? This is a common per- ception that seems largely, albeit not wholly, well founded.
3 mins
February 16, 2026
Business Standard
BPCL unfazed by geopolitics, to buy crude on techno-commercial merit
State-run Bharat Petroleum Corporation (BPCL) will source crude oil purely on ‘techno-commercial’ considerations amid evolving geopolitical dynamics, Chairman and Managing Director Sanjay Khanna told Shubhangi Mathur in an in-person interaction.
2 mins
February 16, 2026
Business Standard
'Don't see major impact of proposed mis-selling norms'
Following Axis Max Life Insurance’s Q3FY26 earnings, Sumit Madan, managing director (MD) and chief executive officer (CEO) of the company, spoke to Aathira Varier and Subrata Panda in a video interview about the Reserve Bank of India’s (RBI's) proposed guidelines on mis-selling and their likely impact on the company and the sector, the firm’s business plans going forward, and the status of its reverse merger with Max Financial Services, among other issues. Edited excerpts:
3 mins
February 16, 2026
Business Standard
How Vietnam shaped the civil rights movement
‘The New York Times war correspondent David Halberstam caught the pulse of his era when he observed, in 1964, that there were parallels between America’s misbegotten adventure in Vietnam and the struggle for civil rights in the murderous, Klan-infested state of Mississippi.
3 mins
February 16, 2026
Business Standard
OMCs, banks drove India Inc's steepest profit rise in 8 qtrs
Corporate earnings in October-December 2025 (Q3FY26) were better than expected owing to a surge in the profits of public-sector oil-marketing companies (OMCs), banks, non-bank lenders, and firms in the business of metals and mining.
3 mins
February 16, 2026
Business Standard
SGB issue: Why tax certainty matters
Imagine a cricket Test match where the host prepares two pitches — a green top for fast bowlers and a dry track for spinners.
3 mins
February 16, 2026
Business Standard
MFs double down on private banks
Mutual funds (MFs) stepped up buying in private-sector bank stocks amid January's market turbulence, deploying significant capital into the segment.
1 min
February 16, 2026
Business Standard
SC remarks may help strengthen Rera, real estate industry
The Supreme Court’s (SC’s) recent remarks on the Real Estate Regulatory Authority (Rera) are expected to impact the real estate sector by shifting the focus from the strength of the law to the seriousness of its enforcement, experts say.
2 mins
February 16, 2026
Listen
Translate
Change font size