NTPC Renewable Energy bags bid for 80 MW solar project in Khandwa
The 80 megawatt floating solar project in Khandwa in Madhya Pradesh was awarded to NTPC Renewable Energy Ltd on Tuesday.
According to a statement by NTPC, the Madhya Pradesh discoms will receive the electricity produced by the project. The electricity generator NTPC has a subsidiary called NTPC Renewable Energy.
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.