NHPC awards Rs 188 cr contract to Tata Power Solar
POWER & RENEWABLE ENERGY

NHPC awards Rs 188 cr contract to Tata Power Solar

NHPC (erstwhile National Hydroelectric Power Corporation) awarded the contract of Rs 188 crore to Tata Power Solar Systems for the development of a 40 MW solar power project in the Ganjam region in Odisha.

In acquiescence to Regulation 30 read with SEBI Regulations, 2015, it is to announce that NHPC awarded an EPC contract to Tata Power Solar on 24 May 2021 for the development of a 40 MW solar power project in Ganjam of Odisha, amounting to Rs 188.19 crore, NHPC told the media.

The EPC contract offered to Tata Power Solar includes the installation of a solar power plant in a government area, gained by NHPC for the particular purpose from the state IDCO agency, besides the work of associated 220 KV cable connectivity at 220 KV OPTCL transmission through the Lilo Provision and extensive O&M for a decade.

NHPC told the media that the power generated from the solar project needs to be obtained by GRIDCO for the whole 25 years of project life. The project has been authorised by the Ministry of New and Renewable Energy (MNRE) under the solar power scheme, and its commissioning is scheduled within a time of one year, NHPC added.

Till the end of 2030, NHPC announced the previous year that it is looking forward to having 20,000 MW of installed capacity, including its joint ventures and subsidiaries.

The company is looking to develop a 500 MW solar power project in Odisha and Telangana and a 50 MW solar power project in Kerala.

These projects will be enforced under the Ultra Mega Renewable Energy Power Parks scheme of MNRE. Along with Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC), NHPC is also one of the implementing agencies for the ministry's renewable energy projects.

Image Source


Also read: Tata Power Solar doubles solar cells, modules manufacturing to 1.1 GW

Also read: Tata Solar receives LoA for Gujarat project

NHPC (erstwhile National Hydroelectric Power Corporation) awarded the contract of Rs 188 crore to Tata Power Solar Systems for the development of a 40 MW solar power project in the Ganjam region in Odisha. In acquiescence to Regulation 30 read with SEBI Regulations, 2015, it is to announce that NHPC awarded an EPC contract to Tata Power Solar on 24 May 2021 for the development of a 40 MW solar power project in Ganjam of Odisha, amounting to Rs 188.19 crore, NHPC told the media. The EPC contract offered to Tata Power Solar includes the installation of a solar power plant in a government area, gained by NHPC for the particular purpose from the state IDCO agency, besides the work of associated 220 KV cable connectivity at 220 KV OPTCL transmission through the Lilo Provision and extensive O&M for a decade. NHPC told the media that the power generated from the solar project needs to be obtained by GRIDCO for the whole 25 years of project life. The project has been authorised by the Ministry of New and Renewable Energy (MNRE) under the solar power scheme, and its commissioning is scheduled within a time of one year, NHPC added. Till the end of 2030, NHPC announced the previous year that it is looking forward to having 20,000 MW of installed capacity, including its joint ventures and subsidiaries. The company is looking to develop a 500 MW solar power project in Odisha and Telangana and a 50 MW solar power project in Kerala. These projects will be enforced under the Ultra Mega Renewable Energy Power Parks scheme of MNRE. Along with Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC), NHPC is also one of the implementing agencies for the ministry's renewable energy projects. Image Source Also read: Tata Power Solar doubles solar cells, modules manufacturing to 1.1 GW Also read: Tata Solar receives LoA for Gujarat project

Next Story
Products

Kokuyo Eyes $100 Mn India Sales in Office Furniture by 2030

Japan’s Kokuyo, which acquired office furniture maker HNI India last month from NYSE-listed HNI Corporation, is targeting over threefold growth in the country’s office furniture segment by 2030.“India is central to our Asia growth story, alongside Japan and China,” said Koji Higashiguchi, Kokuyo’s India investment manager. “Following the acquisition of HNI India, our goal is to reach USD 100 million (Rs 8.5 billion) in annual office furniture revenue in India by 2030, leveraging the country’s economic momentum,” he added.Mumbai-based HNI India currently generates annual revenue..

Next Story
Infrastructure Transport

Fourth Rail Line to Boost Navi Mumbai Airport Access

The Central Railway has approved the construction of a fourth railway line along the Karjat–Panvel corridor to enhance connectivity to the upcoming Navi Mumbai International Airport. The 29-kilometre stretch is expected to significantly improve regional rail access, particularly for commuters from Pune and nearby areas.Estimated to cost Rs 4.91 billion, the project is outlined in the final Detailed Project Report (DPR) submitted to the Railway Board on 7 April. A Central Railway spokesperson confirmed the decision, stating the fourth line will help decongest the corridor and allow greater fr..

Next Story
Infrastructure Transport

UP Fast-Tracks Roads to Boost Noida Airport Access

The Uttar Pradesh government is expediting a network of road and expressway projects to strengthen connectivity to Noida International Airport, aiming to establish it as a key aviation hub in northern India. With projected annual footfall exceeding five million passengers, seamless road access is essential to ensure efficient, sustainable, and inclusive transport infrastructure.A flagship initiative under this effort is the six-lane Bhangel Elevated Road—a 5.5-kilometre corridor connecting Agahpur to the NSEZ via DSC Road. Despite earlier delays caused by design revisions and funding shortfa..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?