NTPC Renewable Energy Ltd (REL) on Wednesday said it has received a Letter of Award for 325 megawatt (MW) of solar power projects at Shajapur Solar Park in Madhya Pradesh.
“NTPC REL has won a capacity of 105 MW worth Rs 2.35 per unit, and also a capacity of 220 MW worth Rs 2.33 per unit in the Rewa Ultra Mega Solar’s auction for 450 MW of solar projects at Shajapur Solar Park in Madhya Pradesh,” the firm said in an official press release.
With this, NTPC has achieved 4.4 gigawatt capacity through tariff-based competitive bidding. “Chief Minister of Madhya Pradesh Shivraj Singh Chauhan presented the LoA to Agar, Shajapur, and Neemuch solar park with a capacity of 1,500 MW at Bhopal,” the release said.
It added that state discoms and Indian Railways would be purchasing power from these projects.