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March 18,2025

NTPC tender results to RPD Developer for 1.2 GW Wind-Solar Hybrid Projects

NTPC awarded 1.2 GW of Wind-Solar hybrid Projects to EG Solwin (300 MW), Welspun Renewable Energy (250 MW), NLC India (450 MW), and Adani Renewable Energy (600 MW). The lowest tariff was Rs. 3.35/kWh, while Adani's project was allocated at Rs. 3.36/kWh. The tender, issued in August 2024, was finalized in seven months and includes a greenshoe option of up to 600 MW.

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