NTPC’s arm -- NTPC Renewable Energy has entered into a power purchase agreement with Gujarat Urja Vikas Nigam (GUVNL) to sell electricity from its 150 MW solar project. The project will sell power at a tariff of Rs 2.20 per kWh. With this successful bid, the company's total capacity under TBCB (tariff-based competitive bidding) tenders has reached 1.4 GW. The company has also been allocated land in Rann of Kutch by the Gujarat government for developing a solar park with a capacity of 4,750 MW.
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.
