NLC India Secures Contract for 200 MW Wind Power Project from SJVN at Competitive Tariff
In a significant development for India's renewable energy sector, state-owned NLC India Ltd has successfully secured a contract to develop and operate a 200 MW wind power project from SJVN Ltd. This achievement marks a substantial expansion of the company's renewable energy portfolio and reinforces its commitment to sustainable power generation.
Competitive Bidding Success
The contract was awarded through a competitive e-reverse auction process, with NLC India securing the project at an attractive tariff of Rs 3.74 per kilowatt-hour (kWh). This competitive rate highlights the increasing cost-effectiveness of wind energy solutions in India's evolving power market.
According to the company's statement released on March 1, 2025, the wind power project is expected to generate 526 million units (MU) of clean green power annually. This substantial clean energy production will help offset an equivalent amount of greenhouse gas emissions, contributing significantly to India's climate change mitigation efforts.
Advancing Renewable Energy Ambitions
This new contract aligns perfectly with NLC India's ambitious target of achieving 10 GW of renewable energy capacity by 2030. The company has been steadily expanding its green energy portfolio since beginning its renewable energy journey with a 51 MW wind project in 2013.
The newly secured 200 MW project represents a major milestone in NLC India's wind energy development, increasing its total wind power capacity to over 300 MW, including ongoing projects currently under development.
Leadership Perspective
Commenting on this achievement, Mr. Prasanna Kumar Motupalli, Chairman & Managing Director of NLC India Ltd, stated: "Winning this 200 MW wind project further strengthens our commitment to sustainable and clean energy solutions. Our investments in renewable energy will play a crucial role in strengthening India's green economy and meeting global climate commitments."
This statement underscores the company's strategic focus on expanding its renewable energy footprint while contributing to national and global sustainability goals.
Alignment with National Green Energy Policy
The project is particularly significant in the context of India's broader energy transition objectives. According to the company's statement, the newly secured project will contribute to India's commitment to increasing non-fossil fuel-based power generation, directly supporting the National Green Energy Policy.
This development also advances the government's ambitious target of achieving 500 GW of non-fossil fuel capacity by 2030, a key component of India's climate action strategy announced at international forums.
Future Implications
For investors and market watchers, this contract win signals NLC India's growing competitive position in the renewable energy sector. The company's expanding wind energy portfolio, coupled with its strategic vision for renewable capacity growth, positions it as a significant player in India's clean energy transition.
As the company continues to diversify from its traditional coal mining operations into renewable energy development, such projects represent important milestones in its business transformation journey.
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