CIL and RRVUNL sign MoU for 4100 MW power

Coal India Limited (CIL) signed a Memorandum of Understanding (MoU) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) for the exploration and execution of 4,100 MW capacity power projects.

The proposed electricity generation would be through coal-fired thermal power plants, solar projects, pump storage plants, and wind projects. With Rajasthan exploring several opportunities for securing power to meet the growing energy demand, the sunny state would acquire the entire generation.

 

Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel

Read Also : NTPC to extend support for setting up National Level Archery Academy at Nava Raipur

The five proposed projects are a 2×800 MW coal-based pit-head power plant to come up in a coal-bearing state, whose power would be drawn by Rajasthan. Others are a 2000 MW solar power project in RRVUNL’s solar park; a 200 MW (2×100) pump storage project at Jawahar Sagar; a 250 MW solar project on the land acquired for Banswara TPP by RRVUNL and a 50 MW wind project at the existing Ramgarh gas project, Jaisalmer.

Read Also : REC Limited declares second interim dividend Rs 4.60 per share

 As per the MoU stipulation, RRVUNL shall ensure an offtake guarantee from the projects and also acquire, possess, and transfer the developed land parcels to JVC. CIL shall carry out feasibility studies and analyze the financial viability of each of the proposed projects.

Read Also : Defence Boost: Rajnath Singh Inaugurates Third LCA Tejas Mk1A Line and First LCA Mk1A is Flagged Off at HAL Nashik