The joint venture company, CIL Rajasthan Akshay Urja Ltd, will develop, construct, and operate solar, wind, pumped storage, and other renewable energy projects. The power generated will be sold to Rajasthan Rajya Vidyut Utpadan Nigam Ltd under Section 62 of the Electricity Act, 2003, or to other eligible entities.
The latest addition takes Sikar solar project’s total commissioned capacity to 240 MW out of a planned 300 MW.
The 193 MW addition follows the commissioning of 245 MW of the 735 MW Nokh Solar PV project in March this year.
The solar asset, Renew Solar Aayan Pvt Ltd (RSAPL), has been operational since March 2024 and benefits from a long-term 25-year power purchase agreement (PPA) with Solar Energy Corp of India (SECI) at a fixed tariff of INR 2.37 per kWh.
With 320 MW already under commercial operation, the remaining 680 MW of the Bikaner solar project is scheduled for commissioning in the coming months.
Acme Solar has commissioned an additional 112.5 MW of its 300 MW Sikar PV project in Bikaner, Rajasthan. This follows the commissioning of an initial capacity of 52.5 MW in early May.
Acme Solar has switched on first-phase 52.5 MW of its 300 MW Sikar PV project in the Bikaner district of Rajasthan.
NLC India Renewables Ltd has secured a power purchase agreement with Rajasthan Rajya Vidyut Utpadan Nigam Ltd for an 810 MW solar power project in Rajasthan.
Adani Green Energy Ltd (AGEL) has secured a 25-year power purchase agreement with Uttar Pradesh Power Corp. Ltd for supply of 400 MW solar power.
The project, spanning about 3,500 acres, uses ReNew solar panels.