NLC India Ltd emerges successful bidder for tender floated by RRVUNL

NLC India Limited (NLCIL), participated in Tender floated by Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) for procurement of power from 810 MW Grid Connected Solar photovoltaic power projects to be set up in 2000MW Pugal Solar Park in Tehsil - Pugal, Bikaner, Rajasthan.

NLCIL has been successful bidder for the total capacity of 810 MW for Tariff of Rs 2.64 per unit. Letter of intent for same was issued by RRVUNL. This project is to be developed for RE bundling requirements of RRVUNL.

NLCIL is presently having an installed RE capacity of 1431.06 MW and 2110 MW of RE project is in pipeline. NLCIL propose to develop RE capacity of 6031 MW as per its corporate plan 2030.

This project will offset carbon emissions to the tune of 46,628.56 Tons considering life time electricity generation of approximately 48,170.00 million units.

Shares of NLC India Limited was last trading in BSE at Rs. 139.10 as compared to the previous close of Rs. 132.30. The total number of shares traded during the day was 419961 in over 4419 trades.

The stock hit an intraday high of Rs. 141.00 and intraday low of 131.40. The net turnover during the day was Rs. 58059477.00.

Source : Equity Bulls

Keywords

NLCIndia INE589A01014 SuccessfulBidder RRVUNL Tender