NLC India Limited, a distinguished Navratna Central Public Sector Undertaking under the Ministry of Coal, has embarked on a significant endeavor. It has forged a Long Term Power Usage Agreement with Rajasthan Urja Vikas Nigam Limited. The agreement involves supplying 300 MW Solar Power under the Central Public Sector Undertaking (CPSU) Scheme in Rajasthan.
Growing in Renewable Energy: Rajasthan Urja Vikas Nigam
Steady Expansion in Clean Energy
With a current Renewable Energy Capacity of 1,421 MW, NLC India Limited is making robust strides in clean energy. Aligned with its Corporate Plan, the company envisions establishing an impressive 6,031 MW capacity by 2030.
Strategic Solar Project Acquisition: Rajasthan Urja Vikas Nigam
Securing Solar Project Capacity
NLCIL has successfully secured a significant 510 MW Solar Project capacity through the CPSU Scheme Phase-II Tranche-III by Indian Renewable Energy Development Agency (IREDA) through a competitive bidding process. Additionally, a 300 MW Solar project is in active progress in Barsingsar, Bikaner District, Rajasthan. The esteemed EPC contract for this project has been awarded to M/s TATA Power Solar Systems through competitive bidding.
Empowering Rajasthan: The Power Usage Agreement
Solidifying Commitments
The pivotal Power Usage Agreement (PUA) for the 300 MW Solar project was formalized between NLC India Limited and Rajasthan Urja Vikas Nigam Limited (RUVNL) on August 17th, 2023, in Jaipur. The agreement spans 25 years and signifies the commitment to supply solar power to Rajasthan.
Environmental Impact and Renewable Energy Advancements
Contributions to Sustainable Progress
The project is anticipated to generate an impressive 750 million units of power annually, significantly contributing to the state’s energy needs. It is also expected to reduce carbon emissions by about 0.726 million tonnes of carbon dioxide per year, leaving a notable environmental impact. This expansion marks NLC India Limited’s growth in renewable energy capacity beyond its established presence in Tamil Nadu, setting a precedent for growth in other states as well.
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