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Last Updated : Dec 05, 2018 11:25 AM IST | Source: PTI

NTPC wins 85 MW solar capacity in UP govt tender

"NTPC participated in the 550 MW tender floated by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for grid-connected solar projects.

 
 
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State-run power producer NTPC on Wednesday said it has won 85 mega watt (MW) of solar capacity in a reverse auction held by the UP government.

"NTPC 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 December 3, 2018, NTPC 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 said in a regulatory filing.

The above 85 MW of solar projects shall be set up by NTPC and shall add to the installed capacity of NTPC, the company added.
First Published on Dec 5, 2018 11:21 am
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