BAJAJ BROKING
NTPC Renewable Energy Ltd. won 1000 MW capacity in UPPCL’s solar project at ₹2.56/kWh. This strengthens NTPC Green Energy Ltd's renewable portfolio. Shares closed 0.12% higher at ₹128.10.
NTPC Renewable Energy Ltd., a subsidiary of NTPC Green Energy Ltd., has successfully won 1000 MW in the e-reverse auction held by Uttar Pradesh Power Corporation Ltd. (UPPCL). The tender aimed at awarding 2000 MW for ISTS-connected Solar PV Power Projects under tariff-based competitive bidding. NTPC REL secured the bid with a tariff of ₹2.56 per kWh, and the Letter of Award (LOA) is currently awaited.
Also read: RBI approves HDFC Bank to acquire 9.5% stake in AU Small Finance Bank
NTPC Renewable Energy Ltd. secured 1000 MW in UPPCL’s solar auction.
Tariff finalised at ₹2.56 per kWh.
Awaiting Letter of Award from UPPCL.
Also read: HG Infra secures LoI for 250 MW battery energy system in Gujarat
NTPC Renewable Energy Ltd. recently commenced commercial operations of 37.5 MW, the first phase of its 200 MW solar project in Gujarat. Certified by the Gujarat Energy Development Agency, this project contributes to NTPC’s growing renewable portfolio. The total installed and operational capacity of the NTPC group has now reached 76,598.18 MW, further bolstering its renewable energy leadership.
Project Name | Capacity (MW) | Status |
UPPCL Solar PV Project | 1000 | Bid won |
Gujarat Solar Project (Phase I) | 37.5 | Operational |
Gujarat Solar Project (Total) | 200 | Partially operational |
The NTPC Green Energy Ltd share price witnessed a slight increase, closing 0.12% higher at ₹128.10. This reflects investor confidence as the company secures key renewable energy projects and continues its push toward sustainable energy solutions.
NTPC Renewable Energy Ltd.’s success in winning the UPPCL tender marks another milestone in NTPC Green Energy Ltd.’s journey towards expanding its renewable energy footprint.
Also read: Adani Wilmar achieves 6% volume growth and 33% revenue rise in Q3
Do you have a trading account app or demat account app?
You can open an account with Bajaj Broking in minutes.
Download the Bajaj Broking app now from Play Store or App Store.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Share this article:
Disclaimer :
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading