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Tata Power’s arm bags EPC order for Rs 1200 crore from NTPC

23 Jan 2021 Evaluate

Tata Power Solar Systems (Tata Power Solar), a wholly-owned subsidiary of Tata Power, has received a ‘Letter of Award’ (LoA) to build 320MW of ground mounted Solar PV project for NTPC. The order value of the project is approximately Rs 1200 crore ($162 Million). The Commercial operation date for this project is set for May 2022.

The scope of work includes the land, acquisition, engineering, procurement, installation, and commissioning of the grid-connected solar project on a turnkey basis along with three years of operations & maintenance services for the solar plant, power evacuation system and telemetry up to the interconnecting state transmission utility (STU) substation.

Tata Power is India’s largest integrated power company.

Peers
Company Name CMP
NTPC 329.35
Tata Power 368.30
Adani Power 205.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1382.00
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