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NTPC inks power purchase pact for 50 MW Solar PV

29 Dec 2011 Evaluate

National Thermal Power Corporation (NTPC) has signed a power purchase agreement (PPA) with MP Tradeco in Bhopal for supply of power from 50 MW Solar PV (photovoltaic) power plants to be set up at Rajgarh in Madhya Pradesh. The plant is expected to be commissioned by 2013.

The 50 MW solar powers from Rajgarh Solar PV will be bundled with unallocated power from upcoming coal based stations of NTPC by Government of India.

Recently, the company had received its board’s approval to invest in Kudgi Super Thermal Power Project (3 X 800 MW) to be implemented in the state of Karnataka at an appraised current estimated cost of Rs 15,166.19 crore subject to environmental clearance of Ministry of Environment and Forests (MOEF).

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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