APDCL signs MoU with NLC India Limited for a 1000 MW renewable power plant

Aug. 9: Scaling up its efforts to generate more green power to aid to Prime Minister Narendra Modi’s agenda of combating climate change by producing more renewable energy, APDCL has signed a MoU with NLC India Limited for setting up a 1000 MW renewable power plant in the state.

The MoU was signed by the Managing Director APDCL Rakesh Kumar and Director Planning and Projects of NLC India Limited K. Mohan Reddy in presence of Chief Minister Dr. Himanta Biswa Sarma and Union Minister for Coal, Mines etc Pralhad Joshi at a function held in Janata Bhawan here today. Under the MoU, the 1000 MW solar power plant to be set up in Assam will be a joint venture project on 49:51 ratio between APDCL and NLCIL to support the increasing power requirement of the state.

As per the MoU signed between NLC India Ltd and @apdclsocial, a JV will be set up for generating 1,000 MW renewable power in Assam where GoA will hold 49% stake and 51% by NLC India Ltd. The project will entail a total investment of ₹5,000 cr.@nlcindialimited pic.twitter.com/uQm54i0CYa

— Himanta Biswa Sarma (@himantabiswa) August 9, 2022

Speaking on the occasion, Chief Minister Dr. Sarma termed it a historic day for the state in the field of power generation. He said that since power requirement in Assam is increasing by leaps and bounds, the state should be in a position to produce more power to fulfil its own requirement and at the same time staying benign with the climate change. He said that once commissioned this solar power plant will serve the state in a big way by meeting its own requirement and helping Assam to contribute to Prime Minister Modi’s agenda of combating climate change by producing more renewable energy.

He also said that besides this 1000 MW solar power plant, the State government is ready to have another joint venture with NLCIL for yet another 1000 MW green power project. He also said that State government has a definite plan to reduce state’s dependence on fossil fuel and step up generation of green energy in the near future. He said that Assam should work to formulate a long term vision to plan the state’s growth and development.

Chief Minister Dr. Sarma also thanked Union Minister for Coal, Mines etc Pralhad Joshi for his help and leadership in enabling NLCIL to go for the joint venture with the State government in power generation. He also thanked the Union Minister for his initiative in starting the operation of North Eastern Coalfields of Coal India Limited in Margherita.

Union Minister for Coal, Mines etc. Pralhad Joshi also spoke on the occasion elaborating his ministry’s plan of action for the development of Assam and North East. NLCIL on this occasion also contributed Rs. 5 crore to Chief Minister’s Relief Fund as the Union Minister handed over the cheque to the Chief Minister. Dr. Sarma appreciated the gesture of the company and said that the contribution would help in empowering the State government in its efforts of rehabilitation and reconstruction of flood victims in the state. Power Minister Nandita Gorlosa along with several other ministers, Principal Secretary Power Niraj Verma, CMD NLC India Limited Rakesh Kumar and host of other dignitaries were present on the occasion.