 "NTPC Renewable Energy wins bid for 80 MW solar project in Khandwa")
NTPC Renewable Energy Ltd on Tuesday emerged as the successful bidder for an 80-megawatt floating solar project at Khandwa in Madhya Pradesh.
The energy generated from the project will be supplied to Madhya Pradesh discoms, NTPC said in a statement. NTPC Renewable Energy is a subsidiary of power producer NTPC.
"The bidding was conducted on August 8, 2023, by Rewa Ultra Mega Solar Limited, a joint venture of Solar Energy Corporation of India and MP Urja Vikas Nigam Ltd. The discovered tariff is Rs 3.80/kWh," it said.
NTPC Group has 3.3 GW renewable energy (RE) operational capacity, while another 20 GW RE capacity is in the pipeline, including 4 GW energy storage system and the country's first green hydrogen-based piped natural gas blending project.
NTPC aims to achieve 60 GW of RE capacity by 2032.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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