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.