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NTPC Invites Bids for Power Evacuation Pkg-I Under Development of 755 MW Solar Park

India’s largest energy conglomerate NTPC has issued a tender for power evacuation package-I under development of 755 MW GVREL Solar Park at Tilaiya and Panchet Reservoir, DVC. The Green Valley Renewable Energy Limited (GVREL) Solar Park is a joint venture between NTPC Renewable Energy Limited and Damodar Valley Corporation. The EMD cost is INR 20000000. […]

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Sterling & Wilson Gets 1500 MWdc NTPC Order for Rs 2,100 cr

Mumbai-based Sterling & Wilson Renewable Energy Ltd (SWRE) has said that the clean energy company has emerged as a successful bidder for a renewable energy project of Rs 2,100 crore. Sterling & Wilson held that it emerged as the L-1 bidder for the balance of system (BOS) package comprising four blocks of the proposed solar […]

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NREL Wins The Battle Of Commissions With GUVNL For 350 MW Solar Projects

In a battle involving 350 MW of delayed solar projects in Gujarat, NTPC Renewable Energy Limited has won an early win, with the CERC going with its contention that the Central Regulator is the right forum for any dispute with the state discom, GUVNL, in this case. NREL, the wholly owned subsidiary of NTPC, had […]

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NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL

India’s largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue […]

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NTPC Green Energy to Raise Up to Rs 9,000 cr Term Loan

NTPC Green Energy Ltd (NGEL), an NTPC subsidiary, has invited bids for a  term loan of up to Rs 9,000 crore in Indian Rupee denomination. As per the bid document, NGEL intends to raise fresh debt and  the funds collected will be used to repay outstanding liability of Rs 8,200 crore towards NTPC by March […]

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NTPC Operationalises 50 MW Solar Project in Nokhra, Bikaner

State-owned entity National Thermal Power Corporation (NTPC) has said in a BSE revelation that consequent upon successful commissioning, third part capacity of 50 MW out of 300 MW Nokhra Solar PV Project at Bikaner, Rajasthan, is declared on Commercial Operation from February 16, 2023. NTPC mentioned that the first part capacity of 100 MW has […]

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