NTPC has won 40 MW solar projects in an auction conducted by UPNEDA recently.
State-run power utility NTPC has announced that it has won 40 MW solar energy projects in an auction conducted by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) recently.
The company will now develop two solar projects worth 20 MW each at the Auraiya and Rihand after it won both projects in the e-reverse auction at a levelised tariff of Rs 3.02/kWh for a period of 25-years.
“NTPC participated in UPNEDA’s tender for 500 MW Solar capacity with two bids of 20 MW each at Auraiya and Rihand,” the company said in a statement. “Reverse auction was carried out on June 25, 2019, and NTPC won entire 40 MW of solar capacity at a levelised tariff of Rs 3.02/kWh applicable for 25 years”
The projects shall be set up under EPC (engineering, procurement and construction) mode and shall add to the installed capacity of NTPC. With these projects, the state-run power utility has won aggregate solar capacity of 545 MW under tariff based competitive bidding tenders of states/SECI.
Recently, NTPC Ltd. has invited bids from eligible bidders who are enlisted with the NTPC for the civil works package of 24 MW solar project at Solapur in Maharashtra. The last date for bid submission is July 15, 2019
The brief scope of work for the selected bidders will include the design, engineering, manufacturing, supply, packing and forwarding, transportation, unloading, insurance, storage, installation and construction of the grid-connected 24 MW (minimum) solar PV project at Solapur. The basic design drawings for Module Mounting Structure (MMS), Central Monitoring and Control Station (CMCS), Inverter Room, Roads and Drainage will be provided by NTPC.
Earlier this month, in a major decision to facilitate the solar and wind energy projects, RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) approved a proposal to set up a Dispute Resolution Committee to consider the unforeseen disputes between solar/wind power developers and SECI/NTPC, beyond contractual agreement.