A subsidiary company of state-owned Coal India Ltd. (CIL), Northern Coalfields Ltd. (NCL) has partnered with National Thermal Power Corporation (NTPC) to install a 50 MW solar power plant in Madhya Pradesh. The project will be the first ground-mounted solar project for NCL.
The consultant company for the project NTPC has invited bids with a pre-bid date set on October 7 and the date of opening of the tender has been kept on October 22, said Coal India (CIL) in a statement.
The statement read that eyeing to promote green energy, Northern Coalfields Ltd., an arm of Coal India Ltd., has collaborated with the power major NTPC and is going to install a 50 MW solar power project in Singrauli district of Madhya Pradesh.
The company coordinating for the project – CIL NTPC Urja Pvt Ltd (CNUPL), a joint venture of Coal India Ltd. and NTPC – is confident that the project would be completed within the stipulated time frame of one year. The role of NTPC as a project consultant will be to help get a successful bidder for the project, while NCL will be executing the project through the successful bidder.
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As the land is available and there’s not much work on transmission line construction, the solar power project is a lucrative proposition for NCL. Also, the Coal company will be utilising the power generated for itself.
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The CIL is aiming to become a net-zero company by generating 3,000 MW of solar power by 2023-24. Coal India accounts for more than 80 per cent of domestic coal output.