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
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?