
NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has successfully secured a 300 MW solar project in NHPC Limited’s e-reverse auction. The auction was part of a tender for the selection of solar power developers for setting up 1.2 GW ISTS-connected solar power projects across India.
Key Highlights:
- Capacity Won: 300 MW solar project.
- Tariff Secured: ₹3.09/kWh under tariff-based competitive bidding.
- Energy Storage System (ESS): 150 MW/300 MWh capacity to be established as part of the project.
- Auction Date: January 23, 2025.
The project aims to enhance the reliability and efficiency of solar power generation through the inclusion of advanced ESS technology. NTPC REL is now awaiting the Letter of Award (LOA) from NHPC Limited to proceed further.
This achievement underscores NTPC REL’s commitment to advancing renewable energy initiatives and expanding its footprint in India’s clean energy sector.
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