NLC India boosts renewable energy capacity with 300MW solar project in Rajasthan
NLC India Limited, a renowned Navratna Central Public Sector Undertaking governed by the Ministry of Coal, has announced its commitment to escalating its Renewable Energy Capacity to an impressive 6,031 MW by 2030 from its existing 1,421 MW. This ambitious step aligns with the company’s strategic Corporate Plan and its mission to champion green energy solutions.
NLC India has recently acquired a notable 510 MW Solar Project capacity, secured through competitive bidding under the CPSU Scheme Phase-11 Tranche-III hosted by the Indian Renewable Energy Development Agency (IREDA). At the heart of this initiative is a 300 MW Solar project, currently underway in Barsingsar, Bikaner District, Rajasthan. The project’s EPC contract has been entrusted to industry leader M/s TATA power solar systems, chosen via a rigorous competitive bidding process.
On 17th August 2023, a pivotal Power usage agreement (PUA) was inked in Jaipur, formalizing the 300 MW Solar project’s relationship between NLC India Limited and Rajasthan Urja Vikas Nigam Limited (RUVNL). This landmark agreement, witnessed by distinguished officials, pledges solar power supply to Rajasthan for an upcoming quarter-century.
This ambitious project is projected to generate approximately 750 Million Units of power annually, with Rajasthan being the sole beneficiary of the green power produced. Not only will this initiative significantly help Rajasthan achieve its Renewable Purchase Obligation targets, but it’s also estimated to curtail carbon emissions by a whopping 0.726 Million Tonnes annually. Marking a milestone in NLC India’s journey, aside from their commendable 1.40 GW capacity in Tamil Nadu, this venture represents their inaugural foray into extending renewable capacity across other Indian states.