State-owned Coal India’s (CIL) subsidiary Northern Coalfields (NCL) has joined hands with NTPC to install a 50 MW solar power project in Madhya Pradesh.
This is the first ground mounted solar project of CIL for which project consultant NTPC has invited bids with a pre-bid date set on 7 October 2021 and tender opening date on 22 October 2021.
CIL NTPC Urja (CNUPL), a joint venture of Coal India and NTPC, which will co-ordinate for this entire project, is confident that the project will be completed within the stipulated timeframe of one year.
As a project consultant, NTPC will help NCL get successful bidder for this project and then NCL will get the project executed through the successful bidder.
With 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.
Notably, CIL has planned to produce 3,000 MW of solar power by 2023-24 and become a net-zero company. This NCL project will supplement to the efforts of the CIL in achieving this goal.