PSU Watch logo

| CIL’s coal supplies under e-auction log 31% growth during Apr-Dec’21 |   | Mauritius Police Force to use HAL made Advanced Light Helicopter (ALH); signs export contract |   | Special CBM Bid Round: Bidding for 15 CBM blocks to start on Feb 15, says DGH |   | Bribery case: GAIL suspends Director (Marketing) ES Ranganathan after CBI arrest |   | SJVN earns Rs 34.40 crore as incentive from its hydro-power stations |   | Cabinet approves equity infusion of Rs 1,500 crore in IREDA |  

NTPC RE Limited signs power purchase agreement for 325 MW solar project

NTPC’s renewable energy arm, NTPC RE Ltd has signed the power purchase agreement (PPA) with Indian Railways, Madhya Pradesh Power Management Company Ltd (MPPMCL) and Rewa Ultra Mega Solar Limited (RUMSL)
NTPC RE Limited signs power purchase agreement for 325 MW solar project
NTPC RE Limited signs power purchase agreement for 325 MW solar project

New Delhi: NTPC Renewable Energy Limited, a wholly-owned subsidiary of NTPC Limited, India’s largest integrated energy company has signed a power purchase agreement (PPA) and other project agreements with Indian Railways, Madhya Pradesh Power Management Company Limited (MPPMCL) and Rewa Ultra Mega Solar Limited (RUMSL) for 325 MW Solar Projects being installed in the Rewa Ultra Mega Solar Limited (RUMSL) at Shajapur Solar Park in Madhya Pradesh.

The pact has been signed in the presence of Madhya Pradesh Chief Minister Shivraj Singh Chauhan and Union Power Minister RK Singh on November 25.

ALSO READ

NTPC RE Limited has won a capacity of 105 MW quoting Rs 2.35/kWh, and also a capacity of 220 MW quoting Rs 2.33/kWh in the Rewa Ultra Mega Solar Limited’s auction held on July 19 for 450 MW of solar projects at Shajapur Solar Park in Madhya Pradesh. NTPC has won more than 6 GW of RE capacity through competitive biddings.

NTPC REL Ltd, is a 100 percent subsidiary of NTPC Limited, floated with the purpose of developing renewable energy projects.

(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.)