Company quoted lowest tariff of Rs.2.35 and Rs.2.33 per kWh
NTPC Renewable Energy Ltd (NTPC REL), a 100% subsidiary of NTPC, has emerged winner at the Rewa Ultra Mega Solar Limited (RUMSL) auction for a 450 MW of solar projects at the Shajapur Solar Park in Madhya Pradesh.
NTPC REL won a capacity of 105 MW & 220 MW quoting the lowest tariff of Rs.2.35 per kWh and Rs.2.33 per kWh, respectively. The tender received overwhelming response from the bidders with a total of 15 bidders being shortlisted, it was announced on 20 July 2021.
NTPC REL has been given the go-ahead by MNRE on 12 July 2021 under Mode 8 (Ultra Mega Renewable Energy Power Park) of Solar Park Scheme.
As a part of its green energy portfolio augmentation, NTPC Ltd, India’s largest energy integrated company, aims to build 60 GW Renewable Energy Capacity by 2032. Currently, the state-owned power major has an installed capacity of 66 GW across 70 power projects with an additional 18 GW under construction. #tenders #projects #investment #solar #renewable #OPEC /fiinews.com
