Tata Power wins INR 686 crore contract to build solar projects for NTPC

TATA POWER SOLAR

Tata Power Solar announced it has won a INR 686 crore contract to build 210MWp of Solar PV projects for NTPC.

The commissioning date for NTPC is set for November, 2022. The scope of work with NTPC includes land, transmission, engineering, procurement, installation and commissioning of the solar projects. The NTPC project site is located in Gujarat.

The order pipeline of Tata Power Solar stands at approximately 2.8GW with an approximate value of INR 13,000 crore.

Praveer Sinha, CEO and MD, Tata Power said: “Tata Power Solar is the leader in producing solar energy across the country and this further validates Tata Power Solar’s execution skills in solar projects.”

Tata Power Solar comes with a successful background of executing large projects such as the 250 MW Ayana at Ananthapur, 50 MW Kasargod at Kerala, 56 MW Greenko, 30 MWp Solar Power Plant in Lapanga, Odisha and 105 MWp of Floating solar at Kayamkulam.

The company had received new solar EPC orders worth Rs 2,294 crore in Q4FY21.

At the end of FY21, Tata Power solar EPC order book capacity was at 2,824 MW, of which 1,100 MW were from NTPC. About 550 MW of Tata Power Solar’s overall EPC orders, worth Rs 2,000 crore, had mandatory domestic content requirement.

Tata Power Solar has also recently put on stream additional module and cell manufacturing capacity, taking the total capacity to 1,100 MW, from 700 MW that existed earlier.