Latest News

NTPC announces commissioning of operations of 2 Devikot Solar PV projects

NTPC declared that it has started commercial operations of two Devikot Solar PV projects having capacities 150 MW & 90 MW respectively on Tuesday

PSU Watch Bureau

New Delhi: State-owned NTPC Limited declared in a mandatory filing that it has started commercial operations of two Devikot Solar PV projects in Jaisalmer, Rajasthan on Tuesday with immediate effect. The two projects commissioned have capacities of 150 MW and 90 MW respectively, it added.

"With this, standalone installed and commercial capacity of NTPC has become 58041.27 MW, while group installed and commercial capacity of NTPC has become 70656.27 MW," the company added in the regulatory filing.

Devikot Solar project was won through VGF based competitive bidding in 2019: NTPC

"The 90MW Devikot-II Solar PV project has been developed by the said company under the CPSU Scheme Phase-II Tranche-I of Ministry of New & Renewable Energy (MNRE). The project was won by NTPC though Viability Gap Funding (VGF) based competitive bidding, conducted by SECI in 2019. It was developed with the help of M/s HILD Energy under EPC with land mode. The land required was arranged by EPC vendor," said NTPC.

"As per the conditions of the CPSU Scheme, the project employs domestic (Indian) PV modules and cells (as per the Domestic Content Requirement (DCR) clause of Scheme) and receives VGF from MNRE," the company added.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

NTPC celebrates 50th Raising Day, marking five decades of powering India’s Growth

Power Minister reviews power sector scenario of Haryana, Chandigarh

Rajasthan Govt signs MoUs worth Rs 63,463 crore in mines and petroleum sector

RBI includes spot deals to expand forex reporting requirements

SCI Q2 net profit jumps multi-fold to Rs 291.44 crore