Ntpc Solar Tender

Ntpc floats tender to acquire 1 gw solar projects to invest around rs 5 000 crore.

Ntpc solar tender.

July 24 2020 17 37 ist. The developers o2 azure and tata secured project capacities of 400 megawatt mw 300 mw and 370 mw respectively. India s largest power producer ntpc has opened a tender to acquire 1 gw of solar generation capacity from already built projects. Welcome to ntpc tender website ntpc limited incorporated in 1975 as a public sector company wholly owned by government of india is the largest thermal power generating company of the country with a installed capacity over 62 910 mw including 7 551 mw through jvs subsidiaries.

The ceiling tariff for the tender was set at rs 2 78. Promoters lenders authorized financial intermediaries of the power generation companies independent power producers developers for offering their operational solar based power assets located in india for possible acquisition by ntpc. According to the terms of the tender transmission connectivity for these projects is expected to be provided. Interested bidders are expected to pay a bid security amount ranging between 20 million 268 118 and 500 million 6 7 million depending on the.

In june the national thermal power corporation limited ntpc issued a notice regarding the extension of bid submission for the selection of solar power developers to install 1200 mw interstate transmission system ists connected solar pv power projects in india. Project owners can bid to have their facilities acquired by the fossil fuel business with the tender document specifying. Ntpc limited has invited bids from engineering procurement and construction epc contractors with land for the development of up to 1 070 mw of solar projects in rajasthan. By 2032 the company plans to have a minimum of 32 gw capacity through re sources constituting nearly 25 per cent of its overall power generation capacity.

The offered assets can be either a special purpose vehicle wherein the applicant intends to offer their 100 equity for sale to ntpc or. The reverse auction for 1 2 gigawatt gw interstate transmission system ists solar tender conducted by ntpc on thursday saw gurugram based o2 power azure power and tata power emerging as winners with an aggressive tariff of rs 2 43 per kilowatt hour kwh. The eprocurement system of ntpc limited enables the tenderers to download the tender schedule free of cost and then submit the bids online through this portal. According to mercom s sources six companies renew power tata power o2 power sungrow azure power and amp solar have collectively placed bids for 1 7 gw of projects.

Ntpc limited s tender for setting up 1 2 gw of interstate transmission system ists connected solar projects has been met with an enthusiastic response from the developers the tender has been oversubscribed by 500 mw.