"NLC India Shares Surge Following 200 MW Solar Deal with Telangana"

The agreement, signed under the Central Public Sector Undertaking (CPSU) Scheme, commits NLCIL to supply 200 MW of solar power to Telangana for a 25-year period.

The solar project is expected to generate approximately 1,300 crore units of green power and offset 90 lakh tonnes of carbon emissions over its lifetime. In alignment with the Atma Nirbhar Bharat initiative, NLCIL plans to employ state-of-the-art equipment, including single-axis trackers and domestically manufactured high-efficiency modules. The project is set to be commissioned by June 2025.

This agreement marks NLCIL's entry into renewable energy supply for Telangana, supplementing its existing 234 MW thermal power supply to the state. The deal is anticipated to provide Telangana with affordable green power while assisting in meeting its Renewable Purchase Obligation.

NLCIL, operating under the Ministry of Coal, is notable for being the first Central Public Sector Enterprise to achieve 1 GW of solar power generation in India.

HBL