Coal India signed memorandum of information (MoU), for putting in place 1,190 MW solar energy challenge, with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL), the strength generator of Rajasthan country.

This is CIL’s first of its type MoU for a sun electricity assignment with any kingdom authorities.

Aimed at an predicted price of about Rs.8,000 crore, CIL’s sun strength assignment is slated to return up in RVUNL’s 2,000 MW solar power park at Bikaner, in a phased way, inside the sunny nation of Rajasthan. The solar park is approved below Ministry of New and Renewable Energy’s scheme of Ultra Mega Renewable Energy Power Parks.

The % became inked by using Dr. B Veera Reddy, Director Technical (CIL) and Mr. Rajesh Kumar Sharma, CMD, RVUNL in Jaipur. Present throughout the formal signing occasion have been Shri Pralhad Joshi, Hon’ble Minister of Coal, Mines and Parliamentary Affairs, Shri Ashok Gehlot, Hon’ble Chief Minister, Rajasthan, Smt. Usha Sharma, Chief Secretary, authorities of Rajasthan and Mr. Pramod Agrawal, Chairman, (CIL).

While the Rajasthan authorities could make sure turning in the ownership of encumbrance and encroachment free land to CIL, the coal behemoth might installation the
sun task on the allotted land. The goal is to kick start the solar task in 24 months.

This is CIL’s biggest ever solar power mission planned till date nearly forty% of its ambitious plan of setting up three,000 MW ability sun projects by way of FY 2023-24 beneath its internet 0 strength initiative.

The final implementation and investment plans would be worked out because the mission progresses in phased way. Grid connectivity could be facilitated by RVUNL.

CIL has offered 265 MW of sun electricity projects to this point with 35 MW more to be concluded via the month give up which would make a total of 300 MW. The business enterprise has
drawn up a target of including 1200 MW extra inside the ensuing economic year 2023-24.