Companies

NTPC bags 450 MW of solar projects in Madhya Pradesh

Our Bureau New Delhi | Updated on July 20, 2021

Nearly 15 bidders were shortlisted for the tender

NTPC Ltd wholly-owned arm NTPC Renewable Energy has bagged 450 MW of solar projects at the Shajapur Solar Park in Madhya Pradesh, the company said Tuesday in a release. It won a capacity of 105 MW and 220 MW quoting the lowest tariffs of ₹2.35 per KWH, and ₹2.33 per KWH respectively. About 15 bidders were shortlisted for the tender.

Recently, NTPC Renewables Energy also got the green signal from the government on July 12 under Mode 8 (Ultra Mega Renewable Energy Power Park) of Solar Park Scheme.

As a part of its green energy portfolio augmentation, NTPC aims to build 60 GW renewable energy capacity by 2032. Currently, the State-owned power company has an installed capacity of 66 GW across 70 power projects with an additional 18 GW under construction.

Published on July 20, 2021

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