Canindia News

NTPC, RSDCL to develop solar park in Jaisalmer

New Delhi, Feb 20 (IANS) Public sector major NTPC and Rajasthan Solarpark Development Company Ltd (RSDCL), a subsidiary of Rajasthan Renewable Energy Corporation Ltd (RRECL), on Thursday signed signed an ‘Implementation Support’ agreement to develop a 925 megawatt (MW) capacity Nokh Solar Park at Nokh in Jaisalmer.

As per the agreement, the RSDCL will develop infrastructure in the solar park and NTPC will develop the solar projects. The agreement is likely to bring investment of more than Rs 4,000 crore in the state, said an official statement.

Rajasthan Energy Minister B.D. Kalla said that the state government has given many relaxations and facilities in the recently-issued Rajasthan Solar Energy Policy, 2019 and Rajasthan Wind and Hybrid Energy Policy, 2019. He appealed to the stakeholders and investors present at the ceremony to come forward and avail the benefits of the policies and tap the “untapped vast” potential of solar and wind energy available in the state.

RRECL Chairman Ajitabh Sharma said the RSDCL will invest about Rs 450 crore in infrastructural development in the project and NTPC is expected to invest more than Rs 3,500 crores in solar projects development.

–IANS

rrb/vd

YOU MAY ALSO BE INTERESTED IN

IIFL dealer, 5 others barred from securities market for front running

CanIndia New Wire Service

India can become AI laboratory of the world: NITI Aayog CEO

CanIndia New Wire Service

India needs to move beyond exporting raw materials: Goyal

CanIndia New Wire Service

Growth in data tariffs, broadband reach show move towards higher ARPU

CanIndia New Wire Service

Three pvt banks in TN, Kerala hit headlines for wrong reasons

CanIndia New Wire Service

Stimulus, healthy macros expected to lift markets (IANS Equity Outlook)

CanIndia New Wire Service

‘CIRP threshold against personal guarantors should be raised’

CanIndia New Wire Service

Unscathed: Pent-up demand more sustained, predictable now, says Kia India (IANS Special)

CanIndia New Wire Service

Accounts not performing due to delay won’t be labelled NPAs: Centre

CanIndia New Wire Service

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

SUBSCRIBE TO OUR WEEKLY NEWSLETTER

Stay up to date with the latest news and exclusive offers directly in your inbox