NTPC Looks for Solar Power Developers in 1500 MW Tender

NTPC Ltd. has issued a tender inviting online bids from eligible bidders on single stage two Envelope (that is, envelope-I: technical bid and envelope-II: financial bid) with reverse auction for
the selection of solar power developers in 1500 MW tender. These ISTS connected solar power projects will be established anywhere in India.

The last day for receipt of bids for the 1500 MW tender comprising both technical and financial bid is January 4, 2024. Date & Time of opening of Technical Bids January 4, 2024.

The cost of RfS documents is INR 22500.

All bids for the 1500 MW tender must be accompanied by Earnest Money Deposit for an amount calculated at the rate of INR 11.6 Lakh per MW.

In the recent past, NTPC has issued a series of significant tenders including the procurement of land for 800 MW solar projects. It has also released major tenders for wind energy recently inclusive of those for 1110 MW wind project, 1200 MW wind projects, 1000 MW wind project, 1080 MW among others.

In another recent announcement, NTPC REL announced that it had won 900 MW capacity in a 1250 MW capacity tender issued by PFCCL.

November 2023 was an action-packed month in the renewable energy landscape as the month saw the release of 18 new renewable energy tenders. In the said month, these renewable energy tenders accounted for a massive capacity of over 15160 MW.

Through January 2023 to October 2023, 8.7 GW of solar capacity has been added while wind additions for over 2 GW have been made.