Stocks

NTPC wins 40-MW solar project in UP

| Updated on June 25, 2019 Published on June 25, 2019

File photo

NTPC, which participated in the UPNEDA’s tender for 500-MW solar capacity, on Tuesday won bids for 40-MW of solar capacity. The company had bid for two 20-MW each at Auraiya and Rihand. The reverse auction was carried out on Tuesday and NTPC won the entire 40-MW of solar capacity bid at a levelised tariff of ₹3.02/kWh applicable for 25 years. These projects would be set up by NTPC under the EPC mode. Shareholders will closely monitor the execution by NTPC.

Published on June 25, 2019
This article is closed for comments.
Please Email the Editor