Prime Minister Shri Narendra Modi laid the foundation stone of the 300 MW Solar Power Plant located at Karnisar-Bhatiyan Village, Rajasthan. The project aims to produce around 750 million units of green power annually.
Feb 16, 2024
In a major thrust towards achieving the Government of India’s ambitious Renewable Energy capacity addition target and the goal of Net Zero by the year 2070, Prime Minister Shri Narendra Modi laid the foundation stone of the 300 MW Solar Power Plant located at Karnisar-Bhatiyan Village, Bikaner, Rajasthan through video conferencing mode on 16th February 2024. The project is being set up by NHPC Limited under the Government of India’s CPSU Scheme, Phase-II, Tranche-III with a total investment of over INR 1,732 crores.
Equipped with cutting-edge technology, including high-efficiency bifacial modules manufactured in India, the solar project aligns with the Atma Nirbhar Bharat initiative. The electricity generated will be transmitted through Bikaner-II Inter-State Transmission System Substation. The project aims to produce around 750 million units of green power annually, considering a Capacity Utilization Factor (CUF) of 28.50 percent. This will thereby offset carbon dioxide emissions of approximately 18,000 million metric tons over its lifetime.
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The Power Usage Agreement for the project has been inked with Punjab State Power Corporation Limited (PSPCL), at a competitive tariff of INR 2.45/unit for 25 years, considering Viability Gap Funding (VGF) of INR 134.70 crores offered by the Ministry of New & Renewable Energy, Government of India. The project is scheduled for commissioning by September 2024. It has the potential to create employment opportunities for approximately 600 individuals indirectly during the project phase and 100 personnel during the operations & maintenance phase. Furthermore, as per the provisions of the Solar Policy of the state, the Government of Rajasthan will also contribute towards the Rajasthan Renewable Energy Development Fund for the development of large power system infrastructure for grid management, other supporting infrastructure, and facilitation works for the stakeholders.
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The function was also graced by the Chief Minister of Rajasthan, Mr. Bhajan Lal Sharma; Union Minister for Power and New & Renewable Energy Mr. R. K. Singh; Union Minister for Law & Justice and Member of Parliament from Bikaner Mr. Arjun Ram Meghwal. Deputy Chief Minister, Rajasthan, Ms. Diya Kumari; Minister of State for Power and Heavy Industries Mr. Krishan Pal Gurjar, and Deputy Chief Minister, Rajasthan Mr. Prem Chand Bairwa also attended the ceremony.
