NLC India Renewables Limited Signs Power Purchase Agreement for Its Largest Solar Project - 810 MW at Pugal Solar Park, Rajasthan
NLC India Renewables Limited (NIRL), a 100% subsidiary and renewable energy arm of NLC India Limited (NLCIL), has signed a Power Purchase Agreement (PPA) for its upcoming 810 MW Solar Power Project with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL). The project is being developed in the barren lands of Bikaner District, Rajasthan, under the MNRE’s Ultra Mega Renewable Energy Power Park (UMREPP) Scheme — Mode B. The project is expected to generate approximately 2 Billion Units (BU) of green electricity annually and offset approximately 1.5 million metric tons of CO2 emissions per year. This project is a testament to NLCIL's efforts in the field of Renewable energy and brings them a step closer to their strategic target of achieving 10 GW of renewable energy capacity by 2030.
Key Highlights
- NLC India Renewables Limited (NIRL) signed a Power Purchase Agreement (PPA) for its upcoming 810 MW Solar Power Project with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL).
- The project is being developed in the barren lands of Bikaner District, Rajasthan, under the MNRE’s Ultra Mega Renewable Energy Power Park (UMREPP) Scheme — Mode B.
- The project is expected to generate approximately 2 Billion Units (BU) of green electricity annually and offset approximately 1.5 million metric tons of CO2 emissions per year.
- This project is a testament to NLCIL's efforts in the field of Renewable energy.
- NLCIL is also contemplating upto 2000 MW renewable energy projects and 3 x 125 MW lignite-based thermal power projects with linked lignite mines in Rajasthan through Joint Venture mode.