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Published on 6/12/2018 11:05:26 AM | Source: Dion Global Solutions Ltd

NTPC bags 85 MW Solar Capacities in UPNEDA Solar tender

Posted in Industry News| #NTPC Ltd #Industry #Power Sector

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India's largest energy conglomerate NTPC, on Wednesday said in a filing to Bombay Stock Exchange that it had, “participated in the 550 MW tender floated by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for grid-connected Solar projects.” “In the Reverse Auction held on 03.12.2018, NTPC has participated for 85 MW Solar capacities and has won the entire capacity bid by it, at a levelised tariff of Rs.3.02/unit, applicable for 25 years,” the company added.

The above 85 MW of solar projects shall be set up by NTPC and shall add to the installed capacity of NTPC. The shares of NTPC were trading at Rs. 143.65 apiece, high at 0.60 or 0.42 per cent, on the BSE at 10:00 hours.