NLCIL Signs Power Usage Agreement for Supply of 200 MW Green Power to Telangana State

NLC India Limited, a Navratna Government of India Enterprise under Ministry of Coal and the first CPSE to reach 1 GW Solar Power generation in the country has signed Power Usage Agreement at Hyderabad, with Telangana State DISCOMs for 200 MW Solar Power at a competitive and affordable price under CPSU scheme for 25 years.

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

Read Also : Punjab National Bank Signed MoU with NLCIL for customized salary accounts

NLCIL & Solar Project is set to generate around 1,300 Crore units of green power and offset 90 Lakh Tons of Carbon emission in its lifetime. The project will be developed with the State-of-the-art equipment including single axis trackers, Domestic make high efficiency modules aimed for achieving higher generation under Atma Nirbhar Bharat (Make in India). The project is set to be commissioned by June 2025.

Read Also : HAL Clarifies on Social Media Posts Regarding Hiring of PwC

This association comes with twin advantage of cheap green power and meeting the Renewable purchase obligation of Telangana State. NLCIL has already been supplying more than 234 MW of affordable thermal power to the State of Telangana for more than three decades and this association in Renewables is the mark of the start of a long journey, for both the State of Telangana and NLCIL towards a Sustainable future.

Read Also : Bank of India Withdraws its Special 400 Days Fixed Deposit Scheme And also reduced Interest Rates on other maturities after Repo Rate cut