You are here: Home » Companies » News
Business Standard

Tata Power Solar bags NTPC's solar power project in Madhya Pradesh

Once commissioned, project is expected to generate 78.66 million units of energy annually

BS Reporter  |  Mumbai 

has won 50 MW solar photovoltaic project from as part of their mandate to expand their renewable energy portfolio to 1,000MW by 2017. The new flagship 50MW project, at Rajgarh, Madhya Pradesh, will double NTPC’s solar capacity.

Once commissioned in March 2014, the project is expected to generate 78.66 million units (Kwh) of energy each year for MP Power Trading Company Ltd for a state that runs annual peak deficit of 9.6% (per CEA, June 2013).

ALSO READ: Tata Power extends fall after Moody's cuts outlook

“We are proud to be partnering with on this flagship 50MW solar project to bring much needed peak power to This project brings together two of our core strengths in solar– market leading solar module manufacturing and, competitive, high-quality engineering, procurement and construction (EPC) capability” said, Ajay Goel, CEO,

The key criteria for awarding this project were strong technical capabilities and competitive pricing along with the scale and strength to execute this project on time.

plans to broad-base generation mix through conventional and nonconventional sources of energy to ensure long term competitiveness and mitigate fuel risk”, said AK Jha, Director Technical,

ALSO READ: Brahmaputra Infra-led JV wins Rs 5.3K cr contract from NTPC

First Published: Thu, July 04 2013. 13:21 IST