Pennar Industries Wins EPC Contract For NTPC’s 500 MW Project At Bhadla

Pennar Industries Limited (PIL) has informed us that it has won the EPC contract against its bid for a major solar project at Bhadla, Rajasthan.

The project  by NTPC Renewable Energy Limited (NTPC REL) is its proposed 500 MW AC / 625 MW DC Solar PV project at Bhadla, Rajasthan.
PIL has emerged as the lowest bidder in a competitive bidding against the tender invited by NTPC REL and the scope of the project includes design, engineering, supply, construction, erection, testing and commissioning along with a three-year operation and maintenance contract. The completion time of the project is 12.5 months.

Sunil Kuram, Vice President, Corporate Strategy at PIL, said “We are excited about this win and it demonstrates our commitment to maximise our contribution in India’s renewable journey. It is our vision to be an ecosystem player and is our strategy to grow as an integrated company with dominant presence in solar EPC, Manufacturing and Adoption of world class technologies. It is our privilege to work with NTPC fulfilling our country’s grand vision about solar energy.”

Pennar group, with presence across multiple locations is a leading value-added engineering products and solutions company. The products span across multiple verticals such as infrastructure, automobiles, railways, pre-engineered buildings, tubes & steel and solar EPC.  The firm also has a solar panel manufacturing business with an annual production capacity of 250 MW.  A solar structures business is also part of its product offerings in the solar domain.

The award from NTPC Renewables follows another 1255 MW project it awarded to Sterling and Wilson Renewable Energy earlier this week, signaling a pick up in project execution for the firm and in Bhadla itself, which is fast emerging as a region with one of the word’s largest concentration of solar power generation.