Don’t miss the latest developments in business and finance.

NTPC wins 85MW solar projects in UPNEDA's 550 MW solar tender

Image
Capital Market
Last Updated : Dec 05 2018 | 11:16 AM IST
NTPC announced that the company participated in the 550 MW tender floated by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for grid-connected Solar projects.

In the Reverse Auction held on 03 December 2018, NTPC has participated for 85 MW Solar capacities and has won the entire capacity bid by it, at a levelised tariff of Rs.3.02/unit, applicable for 25 years.

The above 85 MW of solar projects shall be set up by NTPC and shall add to the installed capacity of NTPC.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Dec 05 2018 | 10:55 AM IST

Next Story