State-owned Coal India Limited (CIL) announced that its subsidiary Northern Coalfields Ltd (NCL) has tied up with power major NTPC to install a 50 megawatt (MW) solar power project in Madhya Pradesh.
This will be the first ground-mounted solar project for NCL for which the project consultant NTPC has invited bids with a pre-bid date set on October 7. The tender opening date will be on October 22, CIL said in a media statement.
“In a bid to promote green energy, CIL’s arm NCL has joined hands with NTPC to install a 50 MW solar power project at Nigahi coal mines of NCL in Singrauli district of Madhya Pradesh,” noted the statement.
CIL NTPC Urja Pvt Ltd (CNUPL), a joint venture of Coal India Ltd, and NTPC will coordinate the entire project and the JV is confident that the completion of the solar project in Madhya Pradesh will be within the stipulated timeframe of one year.
As a project consultant, NTPC will help NCL get a successful bidder for this project and then NCL will get the solar project executed through the successful bidder.
With the availability of land and not much work on transmission line construction, this solar project is an attractive proposition for NCL and the company itself will use the power produced through this project. Incidentally, CIL has planned to produce 3,000 MW of solar power by 2023-24 and become a net-zero company. This NCL project will augment the efforts of the CIL in achieving this goal. CIL accounts for over 80 percent of domestic coal output.