,India

India's NTPC launches tender for 1 GW solar capacity

This comes amidst NTPC’s plans to have a minimum 32 GW capacity by 2032.

State-run power company NTPC has floated a tender to acquire 1 GW worth of operational solar projects.

NTPC will purchase the power in a 25-year agreement at an initial tariff of INR1.91/kWh (US$2.5c/kWh) for the first year. The tariff will be subsequently increased at the rate of INR1c/year (US$0.01c/year) until the 25th year.

The power company has invited bids from local as well as international investors and developers to compete for 250 MW to 1 GW in 10 MW multiples.

The projects will be built on a build-own-operate-transfer (BOOT) basis anywhere in the country on the land identified and arranged by the developers. The deadline to submit bids is 27 May 2021.

The tender is expected to be finalized this October.
 

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

The project aims to transmit renewable electricity from Australia to Singapore.
Onshore wind will take up 82% of China’s 408 GW new capacity between 2021-2030.
With producing green hydrogen costs set to drop, APAC is ripe for a hydro revolution.
The project consists of numerous ground-mounted solar installations currently in development.
ETS covered around 40% of China's 11,535 Mt CO2e emissions in 2019.
In a nutshell, the tips are to minimise total land use, optimise land assessment, and increase land of suitable land.
1.7% is the minimum amount of land needed for solar generation alone.
There is already a notice to proceed with the 50-MW Niigata East Port biomass project.
This plant will be powered using 3-GW solar and 500-MW wind energy.
This is despite the decline of new approvals for coal-fired powerplants in H1 2021.
The country’s share of solar and wind energy will remain consistent.
This will help the region deal with climate change challenges .
The developments of photovoltaic projects will consolidate the German firm's position in the country