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  • NTPC RE Limited Signs PPA for 325 MW Solar Project

    By NE Reporter on November 27, 2021

    NEW DELHI:
    NTPC Renewable Energy Limited, a wholly-owned subsidiary of NTPC Ltd, India’s largest integrated energy company has signed a 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 was signed in the august presence of Shivraj Singh Chauhan, Chief Minister of Madhya Pradesh and R. K. Singh, Union Minister of Power and New & Renewable Energy on 25th November, 2021.

    NTPC RE Limited has won a capacity of 105 MW quoting ₹2.35/kWh, and also a capacity of 220 MW quoting ₹2.33/kWh in the Rewa Ultra Mega Solar Limited’s auction held on 19th July’21 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., 100% subsidiary of NTPC, floated with the purpose of developing renewable energy projects.

    NE Reporter

    energy companyIndian RailwaysNTPC Renewable EnergySolar Project

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