NTPC declares commercial operation of its Ettayapuram Solar PV project

NTPC has commenced the commercial operation of its solar photo-voltaic project in Tamil Nadu which helped its group installed capacity to grow
NTPC declares commercial operation of its Ettayapuram Solar PV project
NTPC declares commercial operation of its Ettayapuram Solar PV project

Chennai: State-owned NTPC Ltd has commenced the commercial operation of its solar photo-voltaic project in Tamil Nadu. With this, the standalone installed and commercial capacity of NTPC Ltd has become 57,801.27 MW while the group installed capacity grew to 70,416.27 MW, the company said on Saturday. "The 230MW Ettayapuram solar PV project is being developed under the Central Public Sector Undertaking (CPSU) scheme Phase-II Tranche-I of the Ministry of New and Renewable Energy," it added.

Solar project was won by NTPC through VGF based bidding

"The project was won by NTPC through the Viability Gap Funding based competitive bidding done by Solar Energy Corporation of India Ltd in 2019. It is developed through Larsen and Toubro under EPC," NTPC said.

"Consequent to successful commissioning, first part capacity of 162.27 MW out of the 230 MW Ettayapuram Solar PV project at Tamil Nadu is declared on commercial operation with effect from 12 noon, December 12," NTPC said in a BSE filing on Saturday.

"As per the conditions in the CPSU scheme, the project employs domestic photo-voltaic modules and cells. It also receives the Viability Gap Funding from the Ministry," it 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.)

logo
PSU Watch
psuwatch.com