NTPC signs PPA for 325 MW solar project in Madhya Pradesh

NTPC India power project

NTPC Renewable Energy has signed a PPA and other project agreements with Indian Railways, Madhya Pradesh Power Management Company (MPPMCL) and Rewa Ultra Mega Solar (RUMSL) for 325 MW solar projects being installed in the Rewa Ultra Mega Solar (RUMSL) at Shajapur Solar Park in Madhya Pradesh.

NTPC RE has won a capacity of 105 MW quoting ₹2.35/kWh, and also a capacity of 220 MW quoting ₹2.33/kWh in the Rewa Ultra Mega Solar’s auction held on 19 July 2021 for 450 MW of solar projects at Shajapur Solar Park in Madhya Pradesh. NTPC has won more than 6 GW of RE capacity through competitive biddings.