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NTPC bags 40 MW solar projects in UPNEDA's auction

26 Jun 2019 Evaluate

NTPC has won entire 40 MW of Solar capacity bid by it at a levelised tariff of Rs 3.02/kWh applicable for 25 years. The company had participated in the Uttar Pradesh New and Renewable Energy Development Agency’s (UPNEDA) tender for 500 MW Solar capacity with two bids of 20 MW each at Auraiya and Rihand.

The reverse auction was carried out on June 25, 2019. The above projects shall be set up by the company under EPC mode and shall add to the installed capacity of NTPC.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

Peers
Company Name CMP
NTPC 322.00
Tata Power 349.90
Adani Power 200.65
Power Grid Corpn. 257.35
Adani Energy Solut. 1351.20
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