NLC India secures power supply contract for Rajasthan

The state-owned enterprise, NLC India Ltd (NLCIL), has successfully won a bid to supply 810 MW of power to Rajasthan at a competitive rate of Rs 2.64 per unit. This announcement was made by NLCIL, a prominent navratna company operating under the coal ministry, in a filing to BSE. The Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) issued a letter of intent for the contract. 

 

The tender pertained to the procurement of power from 810 MW Grid Connected Solar photovoltaic power projects within the 2,000 MW Pugal Solar Park in Bikaner, Rajasthan.

 

Presently, NLC India boasts an installed renewable energy capacity of 1,431.06 MW, with an additional 2,110 MW in renewable energy projects in the pipeline. The company’s corporate plan for 2030 outlines an ambitious goal of developing a renewable energy capacity of 6,031 MW. This initiative is projected to offset carbon emissions by an estimated 46,628.56 tonnes, accounting for a lifetime electricity generation of approximately 48,170.00 million units. NLC's primary focus areas encompass mining and power generation.

Top stories
Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read . 02 Aug 2024 . 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read . 02 Aug 2024 . 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read . 02 Aug 2024 . 12:36 PM

Related Blogs
blog-logo

Economy

blog-logo

14 mins read . 08 Nov 2024

Hindustan Unilever History

  • 0 people read
blog-logo

Economy

blog-logo

8 mins read . 08 Nov 2024

What is Fiat Money

  • 0 people read
Kickstart your equities journey today You've got this
By submitting this I agree to the terms & conditions