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NLC India enters into long-term power usage agreement for 300 MW solar project with Rajasthan Solar Power
Photo courtesy: PIB

NLC India enters into long-term power usage agreement for 300 MW solar project with Rajasthan

India Blooms News Service | @indiablooms | 19 Aug 2023, 12:49 am

New Delhi: Navratna public sector undertaking NLC India Ltd entered into Long Term Power Usage Agreement with Rajasthan Urja Vikas Nigam Ltd for the supply of 300 MW of Solar Power under the CPSU Scheme at Rajasthan, the Ministry of Coal said on Friday.

NLCIL's current renewable energy capacity is 1,421 MW.

As per the corporate plan of the company, it contemplates establishing a 6,031 MW capacity by 2030.

The company has secured 510 MW solar project capacity in the CPSU Scheme Phase-II Tranche-III floated by Indian Renewable Energy Development Agency (IREDA) through competitive bidding.

A total of 300 MW Solar project capacity is under execution at Barsingsar, Bikaner District, Rajasthan.

The EPC contract for the project has been awarded to Tata power solar systems through competitive bidding.

The power to the tune of 750 million units is to be generated annually from the project and the total green power generated will be supplied to the State of Rajasthan.

The project will help Rajasthan in meeting its Renewable Purchase Obligation targets.

The power generated from the project will help in the reduction of carbon emissions to the tune of 0.726 million tonnes of carbon dioxide emissions every year.

On the renewable energy front, in addition to the present 1.40 GW capacity in Tamil Nadu, this is the first time NLCIL expanding its footprint of this capacity in other states.

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