NLC India Limited, a prominent Navratna Central Public Sector Undertaking under the Ministry of Coal, has taken a significant stride in bolstering its renewable energy portfolio. The company recently entered into a Long Term Power Usage Agreement (PUA) with Rajasthan Urja Vikas Nigam Limited (RUVNL) for the supply of 300 MW of Solar Power under the Central Public Sector Undertaking Scheme. The agreement, signed on August 17, 2023, establishes a promising partnership between the two entities.
NLC India, currently operating with 1,421 MW of Renewable Energy Capacity, is ambitiously charting a course towards achieving 6,031 MW by 2030, as outlined in its Corporate Plan. The company has already secured a commendable 510 MW Solar Project capacity through competitive bidding in the CPSU Scheme Phase-II Tranche-III, facilitated by the Indian Renewable Energy Development Agency (IREDA).
The ongoing execution of a 300 MW Solar project at Barsingsar, Bikaner District, Rajasthan, is a pivotal step in this direction. The esteemed project’s Engineering, Procurement, and Construction (EPC) contract has been awarded to M/s TATA Power Solar Systems through a competitive bidding process.
This momentous collaboration between NLC India and RUVNL is poised to deliver an impressive 750 Million Units of green power annually, effectively catering to Rajasthan’s energy needs for the next 25 years. Beyond meeting energy requirements, this venture aligns with Rajasthan’s Renewable Purchase Obligation targets, while concurrently curbing carbon emissions by an estimated 0.726 Million Tonnes of Carbon dioxide per year.
Notably, this marks NLC India’s foray beyond its existing 1.40 GW capacity in Tamil Nadu, showcasing its commitment to expanding its renewable energy footprint across state boundaries. As clean energy adoption continues to be a global imperative, NLC India’s progressive efforts underscore a proactive approach to sustainable power generation and environmental stewardship.
