CIL and RRVUNL sign MoU for 4100 MW power
The proposed electricity generation would be through coal-fired thermal power plants, solar projects, pump storage plants, and wind projects.
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.
Read Also : Air Chief Marshal VR Chaudhari, CAS presented Presidential Awards to 51 IAF personnel
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 : BEL participates in India-Mozambique Defence industry interaction eventAs 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 : CERC delegation visits Pakri Barwadih MinesNews Must Read
- NCL General Manager (Finance) D Sunil Kumar recommended for SECL Director (Finance)
- Bank of Maharashtra Q4 results, Net Profit increased by 44.95 percent to Rs 1,218 crore
- Axis Bank Overtakes Kotak Mahindra Bank to Become India's Fourth Most Valued Lender
- LIC cuts stakes in major PSU stocks
- SJVN CMD Geeta Kapur Inaugurates Construction Works at Sunni Dam Project in Himachal Pradesh
- PESB Selects R Veerabahu as Director (Finance) for Braithwaite & Co. Limited
- Grew Energy bags largest order of 200 MW Contract of SECI's Auction
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station