NTPC REL receives LoA for 325 MW of solar projects in Madhya Pradesh

NTPC India power project

NTPC REL received a Letter of Award (LoA) for 325 MW of Solar Projects in the Rewa Ultra Mega Solar’s at Shajapur Solar Park in Madhya Pradesh.

The letter of award is for Agar, Shajapur and Neemuch Solar Park with a capacity of 1500 MW at Bhopal. State DISCOMs & Railways will purchase power from these projects.

NTPC REL has won a capacity of 105 MW worth Rs 2.35/kWh, and also a capacity of 220 MW worth Rs 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 achieves 4.4. GW capacity through Tariff Based Competitive Bidding (TBCB).