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NTPC Auction Awards 1200 MW Solar Power Contracts

Last Update 18 October 2024

SAEL Industries, ReNew Solar, Illuminate Hygren, Rays Power Infra, and Refex Green secured contracts for 1,200 MW of Solar Projects in NTPC's recent auction, aimed at developing ISTS-connected solar power in India. ReNew and Illuminate won at ₹2.51 per kWh, while SAEL, Refex, and Rays Power bid ₹2.5. NTPC plans further bids in June 2024 for additional capacity.

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2023

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