Rajasthan: Agreement Signed Between RVUNL and Singareni Collieries
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Synopsis
Rajasthan's government has signed an MoU with Singareni Collieries to develop significant thermal and renewable energy projects, aiming for energy self-sufficiency and economic growth.
Key Takeaways
- MoU signed between Rajasthan and SCCL for energy projects.
- 1600 MW thermal power project planned in Telangana.
- 1500 MW solar park to be developed in Rajasthan.
- Investment of Rs 22,000 crore estimated across projects.
- Goal to provide daytime electricity for farmers by 2027.
Jaipur, March 3 (NationPress) In a pivotal step to enhance Rajasthan’s energy landscape, the state administration has formalized a Memorandum of Understanding (MoU) with Singareni Collieries Company Limited (SCCL) to initiate extensive thermal and renewable energy initiatives.
Chief Minister Bhajan Lal Sharma declared that, under the leadership of Prime Minister Narendra Modi, Rajasthan is embarking on audacious advancements in power generation and transmission, thereby establishing its role as a significant energy contributor to the country.
During the MoU signing event at the Chief Minister’s residence, Sharma highlighted the state’s vast solar energy potential. As Rajasthan is on the path to becoming a frontrunner in renewable energy, the government is dedicated to achieving energy self-sufficiency.
A major objective is to ensure reliable daytime electricity for farmers by 2027, a target the government is pursuing through strategic policies and efficient execution, he noted.
As part of the agreement, a 1600 MW thermal power project will be established in Telangana, with both Rajasthan and Telangana set to benefit from 800 MW each. Furthermore, Rajasthan will host a 1500 MW solar park, an initiative projected to attract an investment of Rs 6,000 crore, generating new employment opportunities and fostering economic growth. The total investment for these projects is anticipated to be around Rs 22,000 crore.
The Chief Minister reaffirmed the state’s dedication to reaching its ambitious energy objectives under the Clean Energy Policy-2024, which aims to generate 125 GW of solar power by 2030. Rajasthan is also making substantial headway towards exceeding 54,000 MW of power capacity from both conventional and renewable sources by 2031-32.
The recent Rising Rajasthan Global Investment Summit saw investment agreements totaling Rs 2.28 lakh crore, which included a Rs 10,000 crore MoU between the Power Grid Corporation and RVUNL.
Telangana’s Deputy Chief Minister and Energy Minister Mallu Bhatti Vikramarka commended Rajasthan’s progress in solar energy, calling the MoU a transformative agreement in thermal power efficiency and renewable energy generation.
Minister of State for Energy Hiralal Nagar assured that Rajasthan’s Energy Department would work closely with the Telangana government to guarantee prompt implementation of the projects.
The event also featured a presentation by Additional Chief Secretary (Energy) Alok, which provided insights into the MoU’s implications.
High-ranking officials, including Principal Secretary (Energy) Sandeep Kumar Sultania, RVUNL CMD Devendra Shringi, and SCCL CMD N. Balaram, were in attendance, marking the commencement of a transformative era in Rajasthan’s energy sector.
These advancements position Rajasthan to become a crucial player in the country's energy future, reaffirming its commitment to sustainability, self-reliance, and economic advancement.
