Mumbai, Oct. 11 -- The pact outlines AGPL's commitment to invest Rs 1,450 crore towards establishing two green energy projects in Gujarat.

As part of the agreement, the Government of Gujarat will facilitate AGPL in obtaining necessary permissions, registrations, approvals, and clearances from various state departments, in accordance with existing state policies and regulations. This facilitation, however, does not involve any financial stake, board representation, or special rights such as appointment of directors or subscription rights for either party.

There is no shareholding by the Government of Gujarat in AGPL, and the agreement does not involve any related party transactions or issuance of shares. The arrangement is purely collabo...