Tata Power Solar on Saturday announced that it has bagged an order worth Rs 1,200 crore from state-run power giant NTPC for setting up of 320 MW ground mounted solar project.
Tata Power Solar, India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power, has received a ‘Letter of Award (LoA)’ to build 320 MW of ground mounted Solar PV project for NTPC, a company statement said.
The order value of the project is approximately Rs 1,200 crore ( USD 162 million). The commercial operation date for this project is set for May 2022. With this addition, the order pipeline of Tata Power Solar stands at approximately 4 GWp with approximate value of Rs 12,000 crore.
The scope of work includes the land, acquisition, engineering, procurement, installation, and commissioning of the grid-connected solar project on a turnkey basis along with three years of operations and maintenance services for the solar plant, power evacuation system and telemetry up to the interconnecting state transmission utility (STU) substation.