PM Modi lays the foundation stone of NHPC’s 300 MW Bikaner solar power plant


Prime Minister Narendra Modi laid the foundation stone of NHPC’s 300 MW solar power plant in the Bikaner district of Rajasthan through video conferencing mode on Feb. 16, 2024. The project, located at the Karnisar-Bhatiyan village under the Poogal tehsil, is being set up by NHPC Ltd under the Government of India’s CPSU Scheme, Phase-II, Tranche-III, with a total investment of over INR 1,732 crore ($208.65 million).

The plant will be equipped with high-efficiency bifacial modules manufactured in India. The electricity generated will be transmitted through the Bikaner-II ISTS (interstate transmission) substation. The project is expected to produce around 750 million units of green power annually considering a capacity utilization factor (CUF) of 28.50%, thereby offsetting carbon dioxide emissions by approximately 18,000 million metric tons over its lifetime.

“Power usage agreement for the project has been inked with Punjab State Power Corp. Ltd (PSPCL) at a competitive tariff of INR 2.45/kWh for 25 years considering viability gap funding (VGF) of INR 134.70 crore offered by the Ministry of New and Renewable Energy (MNRE), Govt of India,” stated NHPC.

The project is scheduled for commissioning by September 2024. It is estimated to create employment opportunities for around 600 individuals indirectly during the project phase and 100 personnel during the operations and maintenance phase.

NHPC Ltd, India’s leading hydropower company, has a total installed RE capacity of 7,097.2 MW (including wind and solar) through its 25 power stations, including 1,520 MW through subsidiaries.

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