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JSW Energy Ltd, a division of the Jindal Group, will invest nearly Rs 4,000 crore for setting up a manufacturing facility to make electric vehicles in Gujarat.
An official spokesman said here on Tuesday evening that the company has signed an MoU with the State government in the presence of Chief Minister Vijay Rupani and other officials.
The plant, to be set up at Vanod near Dasada in Surendranagar district, will also manufacture electric batteries, electrical storage solutions and charging infrastructure. The facility is expected to generate 2,000 direct and 4,000 indirect jobs.
Gujarat has agreed, in principle, to accord all departmental clearances to the company.
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