NLC India Ltd, on Sunday, March 10, announced signing a MoU (Memorandum of Understanding) with the government of Rajasthan for setting up a 125 MW Lignite-based Power Plant and a 1000 MW solar power project in the state. The projects will see a combined estimated investment of more than INR 7,000 Crore.
As per the MoU signed between NLC and Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL), the company will set up a 125 MW Lignite Pit-Head Thermal Power Plant in the Bikaner District, along with a 1000 MW solar power plant. The company also received a Letter of Interest (LoI) for an 810 MW Solar Power Project.
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Moreover, the government of Rajasthan signed MoUs with Coal India Ltd (CIL), NTPC, PGCIL, and REC towards adding generation capacities and transition systems, along with financing. The MoUs signify a step towards sustainable and robust energy infrastructure, aligning with the Nation’s Ambitious Renewable Energy targets.
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