Companies

NTPC REL gets LoA for developing 325MW in MP’s Shajapur Solar Park

Our Bureau New Delhi | Updated on September 02, 2021

With this, NTPC has achieved 4.4. GW capacity through Tariff Based Competitive Bidding

NTPC Renewable Energy Ltd (NTPC REL) has received a Letter of Award(LoA) from Madhya Pradesh government for developing 325 MW of solar projects in Rewa Ultra Mega Solar Ltd at Shajapur Solar Park in Madhya Pradesh, the company said in a statement on Thursday.

Also read: NTPC floats EoI for hydrogen blending with natural gas

On Wednesday, it got the letter of award for Agar, Shajapur and Neemuch Solar Park with a capacity of 1500 MW at Bhopal from the Chief Minister of the State Shivraj Singh Chauhan. State distribution companies and railways will purchase power from these projects, as per the statement.

NTPC REL has won a capacity of 105 MW worth ₹2.35/kWh, and also a capacity of 220 MW worth ₹2.33/kWh in the Rewa Ultra Mega Solar Limited’s auction held on July 19, 2021, for 450 MW of solar projects at Shajapur Solar Park in Madhya Pradesh. With this, NTPC has achieved 4.4. GW capacity through Tariff Based Competitive Bidding (TBCB).

Published on September 02, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like