NTPC participated in the UPNEDA’s tender for 500 MW Solar capacity with two bids of 20 MW each at Auraiya and Rihand.

Reverse Auction was carried out on 25 June 2019 and NTPC has won entire 40 MW of Solar capacity bid by it at a levelised tariff of Rs. 3.02/kWh applicable for 25 years.

The above projects shall be set up by NTPC under EPC mode and shall add to the installed capacity of NTPC.

Post this order, NTPC’s aggregate solar capacity is at 545 MW under tariff based competitive bidding tenders of states/Solar Energy Corporation of India).

NTPC has been gaining for the last 3 days and has risen 4.65%. It hit an intraday high of Rs 141.95, rising over 2%. It is not too far away from its 52-week high at Rs.146.25.