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May 06, 2021
To sell power to Gujarat Discoms at a tariff of ₹2.20 per unit
NTPC Renewable Energy Limited, a wholly-owned subsidiary of NTPC Ltd has entered into a power purchase agreement with Gujarat Urja Vikas Nigam Limited (GUVNL) a State distribution utility to sell power from its 150-MW solar project.
The project to be installed in Gujarat, will sell power at a tariff of ₹2.20 per kWh to the Gujarat government’s distribution utility.
With this successful bid, the company’s total capacity under Tariff-based competitive bidding has reached 1.4 GW, NTPC informed in a statement on Thursday.
The company has also been allocated land in Rann of Kutch by for developing a solar park with a capacity of 4,750 MW.
Ashoka Buildcon has receives notification of award (NoA) from NTPC Renewable Energy in respect of the project viz EPC package of 150 MW solar PV project in Rajasthan which includes operations and maintenance of complete solar PV plant for a period of three years from the date of successful trial run.
The accepted bid value / project cost of the project is Rs.502.33 crore exclusive of GST.
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