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NLC India informs about updates

09 Oct 2023 Evaluate
In compliance of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, NLC India has informed the following: a) NLC India (NLCIL), participated in Tender floated by Rajasthan Rajya Vidyut Utpadan Nigam (RRVUNL) for procurement of power from 810 MW Grid Connected Solar photovoltaic power projects to be set up in 2000MW Pugal Solar Park in Tehsil - Pugal, Bikaner, Rajasthan, b) NLCIL has been successful bidder for the total capacity of 810 MW for Tariff of Rs 2.64 per unit. Letter of intent for same was issued by RRVUNL. This project is to be developed for RE bundling requirements of RRVUNL, c) NLCIL is presently having an installed RE capacity of 1431.06 MW and 2110 MW of RE project is in pipeline. NLCIL propose to develop RE capacity of 6031 MW as per its corporate plan 2030, d) This project will offset carbon emissions to the tune of 46,628.56 Tons considering life time electricity generation of approximately 48,170.00 million units.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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