NLC India Renewables Limited Signs PPA for Largest Solar Project 810 MW at Pugal Solar Park, Rajasthan

NLC India Renewables Limited (NIRL), a 100% subsidiary and renewable energy arm of NLC India Limited (NLCIL), a Navratna Central Public Sector Undertaking, has signed the Power Purchase Agreement (PPA) for its upcoming 810 MW Solar Power Project with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) at a formal ceremony held in Jaipur.

This flagship project at Pugal Solar Park, Bikaner District marks a significant milestone in NLCIL's journey towards becoming a major player in the renewable energy space. The project is being developed in the barren lands of Bikaner District and the proposed site is bestowed with abundant Solar radiation. The project was awarded through a competitive tariff-based bidding process by RVUNL, the project is being implemented under the MNRE's Ultra Mega Renewable Energy Power Park (UMREPP) Scheme - Mode 8.

The project is expected to generate approximately 2 Billion Units (BU) of green electricity annually and offset approximately 1.5 million metric tons of CO2 emissions per year, as per the terms of PPA, playing a vital role in India's transition to a low-carbon economy. The project will be established within the infrastructure of the 2000 MW Pugal Solar Park being developed by RVUNL.

 

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

Read Also : WCL constructs sewage treatment plant at Kalpataru Special School under CSR

Speaking at the signing event, CMD Shri Prasanna Kumar Motupalli remarked: "This 810 MW project is a jewel in the crown of NLCIL 's renewable portfolio. The signing of the PPA marks a pivotal moment for NLCIL and reaffirms our commitment to clean and sustainable energy. This 810 MW project is not just our largest solar initiative-it is a symbol of our resolve to lead India 's green energy future. We are proud to collaborate with RVUNL and the State of Rajasthan in this transformative effort."

With this project, NLCIL's cumulative renewable energy capacity under implementation takes a major leap, reinforcing its mission of powering India responsibly with a balanced energy mix of conventional and renewable sources. This addition also brings NLCIL a step closer to its strategic target of achieving 10 GW of renewable energy capacity by 2030, aligned with India's decarbonization and energy security goals.

Read Also : Reserve Bank of India imposes monetary penalty on Union Bank of India

NLCIL is also contemplating upto 2000 MW renewable energy projects and 3 x 125 MW lignite-based thermal power projects with linked lignite mines in Rajasthan through Joint Venture mode. NLCIL's association with the State of Rajasthan dates back to the early 2000s and continues to grow, founded on mutual trust and respect.

Read Also : SBI announces Changes in Senior Management of Board