NLC India signs MoU with Rajasthan govt to set up 1125 MW energy projects

Focus on energy: NLC India Limited has signed a monumental Memorandum of Understanding (MoU) with Government of Rajasthan on March 10, 2024, to formulate a joint venture aimed at establishing a 125 MW Lignite Based Power Plant and a colossal 1000 MW Solar Power Plant in region.

With an investment exceeding Rs 7000 Crores, MoU underlines NLC India Limited's focus on vancing renewable energy initiatives. envisioned projects include establishment of a 125 MW Lignite Pit-he rmal Power Plant in Bikaner district and construction of a massive 1000 MW Solar Power Plant. Moreover, a Letter of Intent (LoI) has been issued for setup of an ditional 810 MW solar power plant, aligning with NLC India's corporate plan to become a power major with a capacity of 17 GW, including over 6 GW of renewable capacity by 2030.

MoU exchange is a resolute step towards sustainable and robust energy infrastructure, in line with India's ambitious renewable energy targets. ditionally, during ceremony, several or MoUs were signed with or entities such as Coal India Ltd, NTPC, PGCIL, and REC for augmentation of generation capacity, transmission systems, and financing.

ceremonious exchange of MoU took place in presence of Prasanna Kumar Motupalli, CMD of NLC India Ltd, and Devender Singhvi from RVUNL along with Union Minister Pralh Joshi, Chief Minister of Rajasthan Bhajan Lal Sharma, Union Minister of Power and New & Renewable Energy RK Singh, Deputy Chief Minister Diya Kumari, Energy Minister Heeralal Nagar, Chief Secretary Sudhansh Pant, and Coal Secretary Amrit Lal Meena. 

Union Minister Shri Pralh Joshi commended proactive vision of Prime Minister and commitment of CM Rajasthan to expediting transformative projects.