GUVNL will buy your complete energy generated by the mission at a tariff of Rs 2.705/kWhr. The photo voltaic mission is anticipated to generate round 1,577.88 million items (MU) of electrical energy yearly, contributing to a cumulative electrical energy era of 39.447 billion items (BU) over its lifetime.
The mission additional goals to offset roughly 35.5 million metric tons of carbon dioxide emissions throughout its operational lifespan.
NIGEL, a completely owned subsidiary of NLC India Restricted, focuses on growing inexperienced power initiatives to contribute to sustainable growth objectives and is devoted to selling renewable power initiatives. This mission is ready to be the biggest photo voltaic mission developed by NLCIL
NLCIL received the 600 MW solar energy mission within the Gujarat State Electrical energy Company Restricted (GSECL) Khavda Photo voltaic Park tender, initiated by GUVNL by means of a aggressive bidding course of.
PPA was signed by the chief govt officer of NIGEL within the presence of chairman, NIGEL director and CFO, NIGEL with GM (Renewables), GUNVL at Vadodara.
Chairman of NIGEL, Prasanna Kumar Motupalli, highlighted mission’s strategic benefits akin to being located inside a Photo voltaic Park with available infrastructure and safe fee mechanisms.
He additional mentioned that by securing extra capability within the Inexperienced shoe possibility, the mission economics have been improved on account of economies of scale.
, the green arm of NLC India Limited, has signed a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam){kind=link}