NLC India Limited has signed MOU with the Government of Rajasthan for Formation of Joint Venture to set up 125 MW Lignite Based Power Plant and 1000 MW Solar Power Plant. The MoU between NLC India Limited and RVUNL entails a staggering investment of more than INR 7,000 million. Among the notable projects, the MoU outlines the establishment of a 125 MW Lignite Pit-head Thermal Power Plant in Bikaner district and a massive 1000 MW Solar Power Plant, further reinforcing NLCIL's commitment to renewable energy initiatives.

Additionally, a Loi for the setup of an 810 MW solar power plant has already been issued. This is in line with corporate plan of NLC India Limited to become a power major of 17 GW capacity with more than 6 GW renewable capacity by 2030. The MoU was formallyiously exchanged between NLC India Limited andRUNL in the presence of Shri Prasanna Kumar Motupalli, CMD, NLC India Ltd, and Shri Devender Singhvi, RVUNL, symbolising a collaborative step towards energy security commitment.

In the ceremony, MOUs were also signed with Coal India Ltd, NTPC, PGCIL and REC for adding generation capacity and transmission system and financing.