NLC to set up solar power plants to protect vacant railway land: Goyal
NLC India has been tasked with the responsibility of the covering all remaining vacant land of the railways with solar power generation set ups.
Speaking the World Mining Congress, Minister for Railways and Coal, Piyush Goyal said, “The Railways is going to tie up with NLC and have them put up solar power generation equipment across the Railways at their investment. The Railways will buy the power out of that.”
While the agreement for this deal has not yet been signed, Goyal said that the broad framework for the same has already been prepared. He said, “Wherever we have railway land, I want NLC to put up the solar plants so that I can save them encroachment.”
Enumerating the terms of the agreement to be signed between the two, Goyal said, “We have existing platforms that need to be expanding on both sides because we are going in for longer rakes. NLC will do the same, create a roof over the platform extension, and we will have a different rate of power for the investment they will be doing for that”
“The third thing we have agreed is that whenever we need the land, NLC will shift the equipment somewhere else. If it is during the payback period, NLC can shift it at the cost of the railways,” he added.
NLC India’s website says that the company has moved from an only lignite mining and power generation company to become an energy company. The company currently has a total power generation capacity (including JVs) of 4301 MW. The company aims to have a generation capacity of 16673 MW with 3990 MW coming from solar energy.