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Private Sector | Rajasthan - India | PID: 203265
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The Rajasthan Electricity Regulatory Commission (RERC) has received a petition from Rajasthan Urja Vikas and IT Services Limited (RUVITL) seeking approval to procure 300 MW of solar power from NLC India Ltd. under a Central Public Sector Undertaking (CPSU) scheme. This initiative is part of the Ministry of New and Renewable Energy’s (MNRE) efforts to promote renewable energy through government-supported projects.
The petition highlights that RUVITL is working to meet renewable energy obligations by purchasing power under various schemes, including competitive bidding processes. The CPSU scheme, initiated in March 2019, aims to set up 12,000 MW of grid-connected solar photovoltaic (PV) power projects using domestically manufactured solar cells and modules. The electricity generated is intended for government use or by government entities through distribution companies.
IREDA has been designated as the nodal agency to handle this scheme on behalf of MNRE. Following a competitive bidding process, NLC India Ltd. emerged as a successful bidder and was awarded a letter of award (LoA) to develop a 510 MW solar PV power project. NLCIL proposed setting up a 300 MW project at Barsingsar in Bikaner, Rajasthan, with a power usage charge initially agreed at ?2.40 per kWh.
| Updated on: 13 - Aug - 2024
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