In this story

Key figures, picked by EA AI

  • Capacity450MW
  • Tariff₹2.35
  • Installed capacity66,875MW
  • Target60GW
Renewable Energy

NTPC REL bags 325MW solar project at Shajapur Solar Park

NTPC said its arm NTPC Renewable Energy Ltd has bagged 325 megawatt (MW) solar projects to be set up at Shajapur Solar Park in Madhya Pradesh.

Energy Asia Updated 1 min read

Quick read

EA AI summary
  • NTPC said its arm NTPC Renewable Energy Ltd has bagged 325 megawatt (MW) solar projects to be set up at Shajapur Solar Park in Madhya Pradesh.
  • "NTPC Renewable Energy Ltd (NTPC REL), a 100 per cent subsidiary of NTPC, has emerged winner at the Rewa Ultra Mega Solar Ltd (RUMSL) auction for 450 MW of solar projects at the Shajapur Solar Park in Madhya Pradesh," the company said in a clarification to the BSE.
  • As per the filing, the NTPC Renewables won a capacity of 105 MW and 220 MW quoting the lowest tariff of Rs 2.35 per kWh (or per unit), and Rs 2.33 per kWh respectively.
  • Presently, the NTPC Group has an installed capacity of 66,875 MW.
  • The NTPC has set a target to install 60 GW of renewable energy capacity by 2032.

Summarised from this article by EA AI, Energy Asia’s in-house AI. Read the full story for complete context.

Have a question about this story? EA AI answers from the article itself.

NTPC said its arm NTPC Renewable Energy Ltd has bagged 325 megawatt (MW) solar projects to be set up at Shajapur Solar Park in Madhya Pradesh. “NTPC Renewable Energy Ltd (NTPC REL), a 100 per cent subsidiary of NTPC, has emerged winner at the Rewa Ultra Mega Solar Ltd (RUMSL) auction for 450 MW of solar projects at the Shajapur Solar Park in Madhya Pradesh,” the company said in a clarification to the BSE.

As per the filing, the NTPC Renewables won a capacity of 105 MW and 220 MW quoting the lowest tariff of Rs 2.35 per kWh (or per unit), and Rs 2.33 per kWh respectively.

However, it said, “Considering the size and scale of operations of the company there is no material impact (of this auction results) on the company”.

Presently, the NTPC Group has an installed capacity of 66,875 MW. The NTPC has set a target to install 60 GW of renewable energy capacity by 2032.

Did you like this article?

Click on a star to rate it!

Average rating / 5. Vote count:

No votes so far! Be the first to rate this article.

Related coverage