Key Takeaways
- NLC India Ltd has secured a 450 MW wind-solar hybrid power project from NTPC Ltd.
- The project will be developed in Bikaner, Rajasthan and Bhuj, Gujarat.
- Power supply from the project is set to commence within 24 months under a 25-year Power Purchase Agreement.
Project Details
NLC India Ltd has announced it received a Letter of Award from NTPC Ltd to establish a 450 MW Inter-State Transmission System (ISTS) connected wind-solar hybrid power project. This initiative marks a significant step forward in renewable energy development within India.
As per the agreement with NTPC Ltd, NLC will be responsible for setting up the hybrid power project, which involves generating hybrid power for NTPC for a duration of 25 years under a Power Purchase Agreement (PPA). The project is strategically divided into two locations: it will develop 300 MW in Bikaner, Rajasthan, and 150 MW in Bhuj, Gujarat.
The timeline for the project is set with a firm commitment to commence power supply within 24 months from the effective date of the PPA. This rapid development cycle underscores the growing emphasis on renewable energy sources as India moves toward enhancing its energy security and reducing carbon emissions.
This hybrid project is expected to play a pivotal role in meeting increasing energy demands while promoting sustainable energy solutions. With the government pushing for more renewable energy, NLC India’s collaboration with NTPC reflects the nation’s commitment to a greener future.
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