NLC Wins Auction to Develop 810 MW Solar Project in Rajasthan
NLCIL secured the project at a tariff of ₹2.64 (~$0.03)/kWh
October 9, 2023
Government-owned NLC India (NLCIL) has won the bid to develop an 810 MW solar project from Rajasthan Rajya Vidyut Nigam Limited (RRVUNL).
RRVUNL issued the tender to develop the 810 MW solar project in December 2022. NLC quoted a tariff of ₹2.64 (~$0.03)/kWh to win the auction. A letter of intent for the same was issued by RRVUNL.
The project is part of RRVUNL’s 2 GW Ultra Mega Solar Park in the Pugal Tehsil of Bikaner District, Rajasthan.
The land required for the project and the power evacuation system linked to the State Transmission Utility will be provided by RRVUNL.
RVUNL will enter into a power purchase agreement (PPA) with NLC for 25 years. The power generated from the project will be supplied to the state distribution companies.
NLC must commission the solar project within 15 months of the PPA signing date.
Upon completion, the project will contribute to NLC’s total capacity of 1.36 GW in Rajasthan, of which 1.1 GW will be derived from green energy sources.
The project is expected to generate over 50 billion units of green electricity and offset over 50,000 tonnes of carbon dioxide emissions throughout its operational life.
Currently, NLC is engaged in various other solar projects, including a 50 MW project on reclaimed land, a 200 MW project under the Central Public Sector Undertaking (CPSU) program spanning across India, a 300 MW CPSU program project in Barsingsar, Rajasthan, and a 600 MW project in Gujarat.
Prasanna Kumar Motupalli, NLC Chairman and Managing Director, said the company was the first among central public sector enterprises to install 1 GW renewable energy capacity.
NLC has an installed renewable energy capacity of 1.4 GW, with an additional 2.11 GW of projects in the pipeline.
Recently, NLC invited bids for the balance of system works for a 600 MW grid-connected solar project at Khavda, Gujarat.
In August, NLC invited bids to appoint an owner’s engineer consultant for the same project.
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