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Adani Group, Tata Power, NTPC win bids for UP solar energy projects

Adityanath govt targeting Rs 500-bn investment in solar power space

ACME, a firm sitting on the largest solar projects, faces fund crunch
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Virendra Singh Rawat Lucknow
Adani Group, Tata Power and NTPC are among the six energy majors who have been selected by the Uttar Pradesh government to develop nine solar power projects in the state.  
 
These projects pertain to different installed capacities, ranging from 25 megawatt (Mw) to 100 Mw, and collectively amount to 550 Mw. They are meant for supplying grid-connected power to the state, which is ramping up its renewable energy portfolio. 

UP New and Renewable Energy Development Agency (UPNEDA) had invited tariff based e-bids from companies under the new UP Solar Energy Policy 2017. The bidding terms had allowed bidders to