The state-owned NLC India Ltd made an announcement on Saturday stating that it had secured a contract from SJVN Ltd that will enable them to both develop and operate the NLC India 200MW Wind Project.
This wind power project was secured via an e-reverse auction at a tariff of Rs 3.74 per kWh.
“This upcoming wind power project is expected to generate 526MU of clean energy annually offsetting an equivalent amount of greenhouse gas emissions,” a company statement revealed.
NLC India 200MW Wind Project Factsheet
Capacity: 200 MW
Awarding Authority: SJVN Limited
Tariff: Rs 3.74 per kWh
Annual Energy Generation: 526 million units (MU) of clean, green power
Total NLCIL Wind Power Capacity: 301 MW (post-award)
Also read: NTPC Green Energy to develop 20 MW renewable energy project and more in India
The company has set a target of achieving 10GW of renewable energy capacity by the year 2030.
“Getting to win this 200MW wind project strengthens further our commitment to both sustainable and clean energy solutions. The investments we have put in renewable energy will play a key role in strengthening the green economy of India and also meeting the global climate commitments,” the Managing Director of NLC India Ltd, Prasanna Kumar Motupalli, stated.
The company started its renewable energy journey in the year 2013 with its 51MW wind project.
Significance of the Project on NLC India
Winning this wind project marks a significant expansion of NLCIL’s wind energy portfolio. This therefore increases its total wind power capacity to more than 300MW, this is inclusive of ongoing projects.
“This newly secured wind power project is expected to contribute to India’s commitment to increasing its non-fossil fuel-based power generation. This is in line with the National Green Energy Policy and the target of the government of attaining 500GW of non-fossil fuel by the year 2030,” the statement mentioned.
Also read: India’s HMPL Plans 500MW Andhra Pradesh Solar Project
