MoUs signed for developing robust energy infrastructure
NLC India Limited says its joint venture with the Rajasthan Government, an MoU for which was signed on 10 Mar 2024, is to set up 125 MW Lignite-based Power Plant and 1,000 MW Solar Power Plant.
The MoU was ceremoniously exchanged between NLC India Limited and RVUNL in the presence of Prasanna Kumar Motupalli, CMD, NLC India Ltd, and Devender Singhvi, RVUNL.
The MoU betentails a staggering investment of more than Rs.7,000 crores, notably for a 125 MW Lignite Pit-head Thermal Power Plant in Bikaner district and a massive 1,000 MW Solar Power Plant, further reinforcing NLCIL’s commitment to renewable energy initiatives.
Additionally, a LoI for 810 MW solar power plant has already been issued. This is in line with corporate plan of NLC India to become a power major of 17 GW capacity with more than 6 GW renewable capacity by 2030.
The MoU exchange signifies a resolute step towards sustainable and robust energy infrastructure, aligning with the Nation’s ambitious renewable energy targets.
In the ceremony, other MOUs were also signed with Coal India Ltd, NTPC, PGCIL and REC for adding generation capacity and transmission system and financing. Fiinews.com
