CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
PM Modi to lay foundation stone of 300 MW Barsingsar Solar Power Plant
Power Generation - Feb 16,2024 -With an emphasis on promoting renewable energy and advancing towards achieving the net zero vision, Prime Minister Narendra Modi laid the foundation stone for the 300 MW Solar Power Plant virtually.
NLC India Limited, a leading Navratna CPSE under the Ministry of Coal, is establishing the 300 MW Solar Power Project in Barsingsar, Bikaner District, Rajasthan, as part of the Ministry of New & Renewable Energy’s CPSE Scheme.
The objective is to ensure affordable power supply to Government entities. Notably, NLCIL stands as the first CPSE to reach a 1 GW Solar capacity milestone in the country. The company has secured a 300 MW solar project capacity in the CPSE Scheme Phase-II Tranche-III floated by Indian Renewable Energy Development Agency (IREDA) through competitive bidding.
Equipped with cutting-edge technology, including high-efficiency bifacial modules manufactured in India, the solar project aligns with the Atma Nirbhar Bharat initiative led by Prime Minister Modi.
The electricity generated will be transmitted through the pre-existing power transmission lines of Barsingsar Thermal Power Station, aiming to produce around 750 million units of green power annually, offsetting carbon dioxide emissions by approximately 18,000 Million Metric tons over its lifetime.
The Power Usage Agreement for the project has been inked with Rajasthan Urja Vikas Nigam Limited at a competitive tariff of Rs. 2.52/unit for the next 25 years.
Recent News
◉ SWELECT Energy secures over 150 MW of solar module - Mar 13,2025◉ RVNL emerges as lowest bidder for Rs 554.64 crore road contract - Mar 13,2025
◉ MoU inked for developing Multi-Modal Logistics Park in Varanasi - Mar 13,2025
◉ Danfoss India to invest Rs 1,200 crore by 2028 - Mar 13,2025
◉ SJVN to develop Rs 9,500 crore pumped storage project - Mar 13,2025
◉ JNPA signs concession agreement for Rs 285-crore agri-processing facility - Mar 13,2025
◉ Montra Electric opens e-SCV manufacturing plant in Chennai - Mar 13,2025