NTPC Renewable Energy wins bid for 900 MW solar projects Energy Watch
Solar

NTPC Renewable Energy wins bid for 900 MW solar projects

NTPC Renewable Energy Ltd (NTPC REL) has won a bid for developing 900 MW of solar projects

EW Bureau

New Delhi: NTPC Renewable Energy Ltd (NTPC REL) has won a bid for developing 900 MW of solar projects. An arm of state-owned NTPC, the entity won the bid in a tender floated by PFC Consulting Limited (PFCCL).

"NTPC Renewable Energy Limited (NTPC REL) has secured the bid for 900 MW capacity in the solar tender floated by PFCCL on behalf of NTPC Ltd for selection of 1,250 MW ISTS-connected solar PV power projects in India under flexibility scheme," NTPC said in a statement on Friday.

Also read:Dayapar wind power project: NTPC REL declares its 1st RE project operational

The reverse auction for the tender was conducted on December 21 by PFCCL. The discovered tariff is Rs 2.53/kWh (kilowatt hour) and the energy generated will be procured by NTPC Ltd.

Also Read

Home batteries stretch rooftop solar payback to 9 years; 50% subsidy could cut it to 6.3: Ember

HPCL Q2 net profit falls 9% to Rs 3,483 cr; H1 swings to Rs 8,044-cr loss

NASH Energy to showcase India-made LFP cells at The Battery Show India 2026

ICRA raises FY27 electricity demand growth forecast to 8.5% after 23.4% jump in early October

Makoto Tajima of Japan’s ISEP calls for stronger South-South cooperation on agrivoltaics