+
NTPC bags 325 MW solar power project in Madhya Pradesh
POWER & RENEWABLE ENERGY

NTPC bags 325 MW solar power project in Madhya Pradesh

National Thermal Power Corporation Pvt Ltd (NTPC) has been awarded a 325 MW solar capacity out of the total 450 MW Madhya Pradesh solar tender issued by Rewa Ultra Mega Solar Limited (RUMSL).

NTPC Renewable Energy Limited (NTPC REL) acquired 105 MW and 220 MW solar capacity at Rs 2.35 per kWh and Rs 2.33 per kWh, respectively. The solar power capacity is to deploy solar power plants within the Shajapur Solar Park in Madhya Pradesh.

According to the sources, SolarArise, funded by Kotak Mahindra, European Investment Bank and ThomasLloyd, won the remaining 125 MW solar capacity at Rs 2.34 per kWh.

About 25% of solar power generated from this project will be supplied to the Indian Railways in seven states. The principal secretary of the MP government, Manu Srivastava, said that rather than focusing on discoms to buy renewables unwillingly, the state should facilitate institutional consumers to obtain inexpensive solar power.

Earlier this month, the state-run company also got approval from the Ministry of New and Renewable Energy (MNRE) for setting up a solar capacity project of 4,750 MW in Gujarat.

NTPC plans to install a capacity of 60 GW renewables by 2023 from its current 14 GW capacity. Currently, it has 66 GW of installed capacity and 18 GW additional capacity under construction.

Image Source


Also read: Vikram Solar to invest Rs 5,000 cr to double capacity to 5,000 MW

Also read: SECI floats tender for 1,200 MW ISTS solar projects in Karnataka

National Thermal Power Corporation Pvt Ltd (NTPC) has been awarded a 325 MW solar capacity out of the total 450 MW Madhya Pradesh solar tender issued by Rewa Ultra Mega Solar Limited (RUMSL). NTPC Renewable Energy Limited (NTPC REL) acquired 105 MW and 220 MW solar capacity at Rs 2.35 per kWh and Rs 2.33 per kWh, respectively. The solar power capacity is to deploy solar power plants within the Shajapur Solar Park in Madhya Pradesh. According to the sources, SolarArise, funded by Kotak Mahindra, European Investment Bank and ThomasLloyd, won the remaining 125 MW solar capacity at Rs 2.34 per kWh. About 25% of solar power generated from this project will be supplied to the Indian Railways in seven states. The principal secretary of the MP government, Manu Srivastava, said that rather than focusing on discoms to buy renewables unwillingly, the state should facilitate institutional consumers to obtain inexpensive solar power. Earlier this month, the state-run company also got approval from the Ministry of New and Renewable Energy (MNRE) for setting up a solar capacity project of 4,750 MW in Gujarat. NTPC plans to install a capacity of 60 GW renewables by 2023 from its current 14 GW capacity. Currently, it has 66 GW of installed capacity and 18 GW additional capacity under construction. Image Source Also read: Vikram Solar to invest Rs 5,000 cr to double capacity to 5,000 MW Also read: SECI floats tender for 1,200 MW ISTS solar projects in Karnataka

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?