NLC India Renewables (NIRL) has signed a Power Purchase Settlement (PPA) for its upcoming 810 megawatt (MW) solar power project with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL).
This flagship project at Pugal Solar Park in Bikaner district marks a milestone in NLC India (NLCIL)‘s journey in the direction of changing into a participant within the renewable vitality house. NIRL is its RE arm.
The project was awarded by means of a aggressive tariff-based bidding course of by RVUNL and is being applied below the Ministry of New & Renewable Vitality’s (MNRE) Extremely Mega Renewable Vitality Power Park (UMREPP) Scheme – Mode B, NLC India mentioned.
The project is anticipated to generate round 2 Billion Items (BU) of inexperienced electrical energy yearly and offset about 1.5 million tonnes of CO₂ emissions yearly below the phrases of the PPA, taking part in an important position in India’s transition to a low-carbon financial system.
The project shall be established inside the infrastructure of the two,000 MW Pugal Solar Park being developed by RVUNL.
NLCIL CMD Prasanna Kumar Motupalli mentioned: “This 810 MW project is a jewel within the crown of NLCIL’s renewables portfolio. The signing of the PPA marks a pivotal second for NLCIL and reaffirms our dedication to wash and sustainable vitality.”
With this project, NLCIL’s cumulative renewable vitality capability below implementation takes a leap, reinforcing its mission of powering India responsibly with a balanced vitality mixture of typical and renewable sources.
This addition additionally brings NLCIL a step nearer to its strategic goal of reaching 10 GW of renewable vitality capability by 2030, aligned with India’s decarbonisation and vitality safety targets.
NLCIL can be considering as much as 2,000 MW of renewable vitality initiatives and three x 125 MW of lignite-based thermal power initiatives with linked lignite mines in Rajasthan within the Joint Enterprise mode.
Revealed on Could 7, 2025
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