+
NLCIL to Set Up 450 MW Wind-solar Hybrid Power Project
POWER & RENEWABLE ENERGY

NLCIL to Set Up 450 MW Wind-solar Hybrid Power Project

NLC India (NLCIL) is expected to commence power supply from its newly awarded hybrid project within 24 months of signing the Power Purchase Agreement (PPA). The project is set to operate for a contractual period of 25 years. NLCIL also has the flexibility to establish a Special Purpose Vehicle (SPV) for the project’s implementation.

The Letter of Award (LoA) aligns with the central government’s clean energy targets and supports NLCIL’s broader objective of achieving 10 GW of renewable energy capacity by 2030.

The 450 MW hybrid project awarded by NTPC represents a major development in NLCIL’s renewable energy expansion and strengthens its national presence in the green energy sector. It also reflects the company’s focus on innovation and sustainability.

In addition to this, NLCIL is currently working on a 150 MW Wind-Solar Hybrid Project in Gujarat, awarded by SECI. With the new project, NLCIL’s total hybrid energy capacity will rise to 600 MW.


News source: New Indian Express

NLC India (NLCIL) is expected to commence power supply from its newly awarded hybrid project within 24 months of signing the Power Purchase Agreement (PPA). The project is set to operate for a contractual period of 25 years. NLCIL also has the flexibility to establish a Special Purpose Vehicle (SPV) for the project’s implementation.The Letter of Award (LoA) aligns with the central government’s clean energy targets and supports NLCIL’s broader objective of achieving 10 GW of renewable energy capacity by 2030.The 450 MW hybrid project awarded by NTPC represents a major development in NLCIL’s renewable energy expansion and strengthens its national presence in the green energy sector. It also reflects the company’s focus on innovation and sustainability.In addition to this, NLCIL is currently working on a 150 MW Wind-Solar Hybrid Project in Gujarat, awarded by SECI. With the new project, NLCIL’s total hybrid energy capacity will rise to 600 MW.News source: New Indian Express

Next Story
Real Estate

DLF Returns to Mumbai with Premium Andheri Residential Project

Delhi-NCR based real estate major DLF announced its return to the Mumbai market on 17 July with the launch of its premium residential project, The WestPark, in Andheri. The first phase includes 416 apartments spread across four towers, with two towers launched on the announcement day. The company plans to invest over Rs 8 billion in the project and expects a topline exceeding Rs 20 billion from Phase 1.“We have launched two towers and, given the strong response, plan to unveil the remaining two towers ahead of schedule, within the next few days,” said Aakash Ohri, Joint Managing Director o..

Next Story
Infrastructure Urban

APCRDA Advances Net Zero Goal with IGBC Training for Officials

In a significant stride towards Andhra Pradesh’s Net Zero target by 2040 and the Swarna Andhra 2047 vision, the Andhra Pradesh Capital Region Development Authority (APCRDA), in partnership with the Indian Green Building Council (IGBC), conducted a high-level capacity-building programme for senior officials in Vijayawada on Friday.Held at a city hotel, the session saw the participation of over 50 senior APCRDA officials, including the Engineer-in-Chief, Chief Engineer (H&B), Director (Planning), Director (Environment), and heads of key departments. The training centred on IGBC’s Green B..

Next Story
Infrastructure Energy

Assam Solar Project Halted as Waaree EPC Contract Is Cancelled

Following the Assam government’s withdrawal from its proposed solar project, the Engineering, Procurement, and Construction (EPC) contract awarded to Waaree Renewable has been suspended. Waaree Group’s EPC division informed the stock exchange of this development through a regulatory filing.The Assam solar project was suspended due to funding challenges, which rendered the initiative unviable for the state government. Waaree Renewable Transmission Limited (RTL) explained that the Government of Assam has withdrawn the project’s funding via the Asian Development Bank (ADB) loan. Consequentl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?