Green fuel, EV unit, renewable energy projects coming to Vidarbha – ET Auto

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A major MoU for an investment worth INR 16,000 cr for a green fuel project at Nagpur was signed by Hezero Industries with potential to create 10,000 jobs.

The project is expected to come up at Butibori. Ceat Industries also signed an MoU for making electronic vehicles with Rs500 cr investment and 500 jobs. Greta Energy proposed a INR 10,000 cr investment, creating 3,200 jobs in a steel unit at Chandrapur.

Renaissance Solar and Electronics Materials proposed a green energy project with an investment of INR 5,000 cr and 1,200 jobs. It may choose a site in Vidarbha, Marathwada, or North Maharashtra. Total investments in Vidarbha are to be INR 94,000 cr.

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