Tata Power Solar receives LoA from NTPC for 300 Mw project

Tata Power Solar has received the letter of award from NTPC to build a 300 MW grid-connected solar photovoltaic (PV) project at an all-inclusive price of Rs 17.3 billion. The company secured the project under the Central Public Sector Undertaking-II (CPSU-II) tender linked with a domestic content requirement (DCR) provision. The commercial operation date for the project is fixed as September 2021.

Vikram Solar Limited has secured a 300 MW solar project for Rs 17.5 billion from NTPC Limited under the CPSU-II scheme. The project was secured by Vikram Solar in a reverse bidding auction and the solar plant will be spread across 1,500 acres of land in Rajasthan. Tendered under the DCR category, the project is expected to take 18 months to be completed.