HomeNewsIndia NewsIndian Railways’ Solar Energy Projects find a Solid Bidder

    Indian Railways’ Solar Energy Projects find a Solid Bidder

    Indian Railways’ solar projects will find a solid bidder in state-owned NLC India confirmed Union Minister Piyush Goyal.

    “Indian railways plans to have a bidding process to soon come out for expanding the solar footprint of railways where NLC India Ltd is also having very aggressive plans and will be bidding very aggressively to try and get those contracts through the bidding process,” the Railways Minister informed reporters.

    NLC India aims at becoming a serious player in the renewable energy sector. And bidding for railways’ solar projects seems like the perfect place to start. “They (NLC India) are also having discussion and dialogues with Indian railways,” said Goyal.

    When it comes to solar energy, in particular, NLC is no slouch. Interestingly, the firm’s first renewable energy venture was setting up of a 140 MW solar photovoltaic plant in Neyveli. Apart from that, the company has also established a 51 MW wind energy farm in Tamil Nadu.

    “In renewable energy, they already have about 191 MW today. It will become 300 MW by March 2018, and by 2025 it’s actually 4,251 MW that they are planning. So almost 24 per cent of their 13,700 MW will be renewable energy,” the minister said.

    The minister also urged the West Bengal government to accord approval for the transfer of DVC’s Raghunathpur power project to NLC India Ltd.

    “There is also a discussion going on for transferring the Rahunathpur power plant from DVC to NLC India Ltd for which we are awaiting approval from the government of West Bengal for almost two years. I would urge the West Bengal government to give us approval so that we can transfer the Raghunathpur power plant,” Goyal stressed.

    “If they (West Bengal government) had given us permission two years ago by now we would have actually started Raghunathpur plant and it would have started serving the people of India,” the minister said.

    ELE Times Research Desk
    ELE Times Research Deskhttps://www.eletimes.ai
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