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NHPC awards EPC contracts for 1,000 MW solar project

13 May 2022 Evaluate

NHPC has awarded EPC contracts for development of grid connected solar PV project (1,000 MW capacity) and transmission line for power evacuation to ISTS sub-station along with comprehensive operations and maintenance for 5 years under Tranche-III of CPSU Scheme Phase-11. Letters of Award have been issued to Adani Infra, Tata Power Solar Systems and SSEL-ASR JV with cumulative contract price of Rs 6,604.42 crore.

Adani Infra (India) got an order for 600 MW capacity with total contract price of Rs 4,295.64 crore in the state of Gujarat. Tata Power Solar Systems bagged an order for 300 MW capacity with total contract price of Rs 1,731.57 crore in the state of Rajasthan. SSEL-ASR JV got an order for 100 MW capacity with total contract price of Rs 577.21 crore in the state of Andhra Pradesh.

NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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