NTPC’s step-down subsidiary -- NTPC Renewable Energy (NTPC REL) has been the successful bidder for 80 MW Floating Solar capacity at Omkareshwar Reservoir, Khandwa, Madhya Pradesh. The bidding was conducted on August 8, 2023 by Rewa Ultra Mega Solar (RUMSL), the JV Company of Solar Energy Corporation of India (SECI) and MP Urja Vikas Nigam. The discovered tariff is Rs 3.80/kWh and the energy generated from the project shall be used by MP state DISCOMs.
With completion of this project, the floating solar capacity of NTPC shall be 342 MW. The biggest Floating Solar project in the country is of 100 MW capacity located at NTPC Ramagundam in Telangana. As on date, NTPC Group has 3.3 GW RE operational capacity, 20 GW RE capacity in pipeline, including 4 GW Energy Storage System and country’s first Green Hydrogen based PNG blending project.
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.
Company Name | CMP |
---|---|
NTPC | 358.90 |
Tata Power | 436.80 |
Power Grid Corp | 309.45 |
Adani Power | 756.65 |
Torrent Power | 1516.25 |
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