NLC India Limited has received letter of intent (LoI) for development of 810 MWp capacity under the 2,000 MWp Rajasthan Solar Power Project.
The bids for the same were invited by Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) in December 2022. The company has quoted a tariff rate of Rs 2.95 per kWh. RRVUNL will sign a power purchase agreement with NLC for 25 years. The project involves the development of 2,000 MWp solar power project in Ramsar Chotta, Barala, and Bandarewala villages in Rajasthan. It will be developed in two phases viz. Phase I of 810 MWp capacity and Phase II of 1,190 MWp capacity. The solar power produced will be purchased by RRVUNL and supplied to state discoms in Rajasthan.