IGL and RVUNL: A ₹2,066 Crore Solar Power Revolution in Bikaner

IGL and RVUNL: A ₹2,066 Crore Solar Power Revolution in Bikaner

BUSINESS & FINANCE

In Short : With a combined investment of ₹2,066 crore, Indraprastha Gas Limited (IGL) and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) have partnered to build a 500 MW solar power project in Bikaner, Rajasthan. The project is a significant step in enhancing Rajasthan’s contribution to India’s growth in renewable energy.

Encouraging Innovation and Strategic Growth

Through the partnership, solar adoption and infrastructure expansion will be accelerated by utilizing RVUNL’s power generation capabilities and IGL’s energy experience. The project intends to improve grid stability, energy efficiency, and economical power generation in one of India’s most solar-rich states by investing in cutting-edge solar technologies.

Impact and Significance of Clean Energy

It is anticipated that thousands of families will receive sustainable electricity from the 500 MW solar facility, thereby lowering carbon emissions and reliance on fossil fuels. In addition to supporting Rajasthan’s leadership in the solar industry, this is in line with India’s 500 GW renewable energy objective by 2030.

About IGL and RVUNL

One of India’s top metropolitan gas distributors, Indraprastha Gas Limited (IGL), is extending its reach into renewable energy to aid in the clean energy transition.

The state-owned electricity company of Rajasthan, Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL), is committed to expanding green energy projects in order to sustainably satisfy the state’s rising demand.