An official statement was made today by the Ministry of Coal, stating that Prime Minister Narendra Modi would virtually launch the 300 MW solar power farm in Rajasthan.
To ensure that government institutions have access to affordable power, a considerable investment of approximately Rs 1,756 crore is being undertaken to develop the project.
A renowned Navratna CPSE under the Ministry of Coal, NLC India Limited is establishing the power plant in Barsingsar in Rajasthan’s Bikaner district as part of the CPSE Scheme administered by the Ministry of New & Renewable Energy.
Effortless bifacial modules manufactured in India are part of the modern technology used in the project. The solar project aligns with Prime Minister Modi’s Atma Nirbhar Bharat.
We plan to use the existing power transmission lines of Barsingsar Thermal Power Station to transport the energy produced, which should result in over 750 million units of green power per year and around 18,000 million metric tons of carbon dioxide offsets during its lifespan.
The announcement said that the project and Rajasthan Urja Vikas Nigam Limited have entered into a power usage agreement. The cost per unit for the next 25 years is Rs 2.52, which is competitive.
According to the report, the project is anticipated to be launched in September 2024 and might indirectly provide jobs for 100 individuals in operations and maintenance and 600 workers in manufacturing.Â
Presumably, NLCIL operates the Barsingsar Thermal electricity Station (BTPS), which provides Rajasthan with 250 MW of affordable electricity. The company was successful in its competitive bidding for a 300 MW solar project capacity under the CPSE Scheme Phase-II Tranche-III of the Indian Renewable Energy Development Agency (IREDA).
Modern technology, including Indian-made bifacial modules, is used in the Barsingsar project. It is projected to produce 750 million units of green electricity per year over its lifespan, which would offset about 18,000 million metric tons of carbon dioxide emissions. The produced power will be sent out by the Barsingsar Thermal Power Station using its already established power transmission linkages.
Rajasthan Urja Vikas Nigam Ltd will provide the project with electricity over the next quarter of a century at a reasonable rate of INR 2.52/kWh. September 2024 is when the project is expected to be commissioned. Indirectly, 600 more people will find work on the project, and 100 more will work in operations and maintenance.
The viability gap finance will be used to create 12 GW of grid-connected solar power projects under the Government Producer Scheme, which is a component of the Central Public Sector Undertaking (CPSU) Scheme. These projects could be useful for anybody, including government entities or companies that provide electricity.
According to NLCIL, it was the first CPSE in the nation to reach 1 GW of solar capacity. As part of the Indian Renewable Energy Development Agency’s (IREDA) CPSU Scheme Phase-II Tranche-III, the firm won a solar project with a capacity of 300 MW.