NVVN Calls for Bids on 12.82 MW Solar Projects
POWER & RENEWABLE ENERGY

NVVN Calls for Bids on 12.82 MW Solar Projects

NTPC Vidyut Vyapar Nigam Ltd (NVVN) has commenced the bidding process for the development of 12.82 megawatts (MW) of solar power projects across various states in India. This move underscores NVVN's commitment to expanding renewable energy infrastructure and meeting India's growing electricity demands through sustainable means.

The bidding invitation invites developers to participate in the competitive process to secure contracts for setting up solar projects under the Open category. These projects are expected to contribute significantly to India's renewable energy targets, promoting clean energy adoption and reducing dependency on fossil fuels.

NVVN, a subsidiary of NTPC Ltd, plays a crucial role in facilitating the procurement and sale of power from renewable energy sources. By initiating this bidding process, NVVN aims to attract investments in solar energy projects, leveraging competitive tariffs and advancing technology to enhance energy efficiency.

The 12.82 MW solar projects will be developed on a Build-Own-Operate (BOO) basis, allowing private developers to build and operate the projects while selling the generated electricity to NVVN. This model encourages private sector participation in the renewable energy sector, fostering innovation and driving down costs.

As India accelerates its transition towards cleaner energy sources, initiatives like NVVN's bidding process are pivotal in achieving the nation's renewable energy goals. The projects are expected to stimulate economic growth, create job opportunities, and contribute to sustainable development in the regions where they are implemented.

NTPC Vidyut Vyapar Nigam Ltd (NVVN) has commenced the bidding process for the development of 12.82 megawatts (MW) of solar power projects across various states in India. This move underscores NVVN's commitment to expanding renewable energy infrastructure and meeting India's growing electricity demands through sustainable means. The bidding invitation invites developers to participate in the competitive process to secure contracts for setting up solar projects under the Open category. These projects are expected to contribute significantly to India's renewable energy targets, promoting clean energy adoption and reducing dependency on fossil fuels. NVVN, a subsidiary of NTPC Ltd, plays a crucial role in facilitating the procurement and sale of power from renewable energy sources. By initiating this bidding process, NVVN aims to attract investments in solar energy projects, leveraging competitive tariffs and advancing technology to enhance energy efficiency. The 12.82 MW solar projects will be developed on a Build-Own-Operate (BOO) basis, allowing private developers to build and operate the projects while selling the generated electricity to NVVN. This model encourages private sector participation in the renewable energy sector, fostering innovation and driving down costs. As India accelerates its transition towards cleaner energy sources, initiatives like NVVN's bidding process are pivotal in achieving the nation's renewable energy goals. The projects are expected to stimulate economic growth, create job opportunities, and contribute to sustainable development in the regions where they are implemented.

Next Story
Resources

Minister announces housing project at Nakshatrwadi under PMAY

The government is committed to provide homes to homeless citizens thereby improving their living standards. As part of this effort, 1056 new homes will be built at Nakshatrwadi in Chhatrapati Sambhaji Nagar under the Pradhan Mantri Awas Yojana (PMAY). This announcement was made by Atul Save, Housing Minister, State, in Chhatrapati Sambhaji Nagar.At an event held at the District Collector's office, Atul Save conducted a computerised lottery to allocate 1,133 homes and 361 available plots in Chhatrapati Sambhaji Nagar, as well as in Latur, Jalna, Nanded, Hingoli, Parbhani and Dharashiv. These ho..

Next Story
Infrastructure Urban

Liebherr-Werk Bischofshofen sets the course for the future

Liebherr-Werk Bischofshofen GmbH is planning to significantly expand its production capacity by building an additional manufacturing plant for small wheel loaders in Wildon, Styria. This strategic decision is a response to the steadily growing wheel loader market and underlines the company's commitment to sustainable growth. The new production site is scheduled for completion in 2029. The Liebherr Group's wheel loader production plant in Bischofshofen employs 1,200 people on a site covering 170,000 m?. With its present capacity, up to 7,000 wheel loaders can be produced each year. In the med..

Next Story
Infrastructure Urban

ESR leases 48,800 sq. ft. industrial space to UPM in Navi Mumbai

ESR Group, Asia-Pacific?s leading real asset manager, has leased 48,800 sq. ft. (over 4,500 sq m of prime industrial real estate to UPM's business unit UPM Raflatac, a world-leading sustainable labelling solutions provider. UPM will use this space in ESR Taloja Industrial & Logistics Park to serve its growing customer base in India and achieve higher efficiency in their operations. UPM Raflatac, headquartered in Helsinki, offers a wide range of pressure-sensitive label materials for various applications, from food and beverage packaging to pharmaceuticals and industrial labelling. The new spac..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000

Join us Telegram