Solar Power tariff hits all time low of Rs 3.15 per unit at NTPC auction

13th Apr, 2017

Solar tariffs in India reduced to yet another record low at the NTPC-conducted auction of 250 MW at the Kadapa Solar Park in Andhra Pradesh. The project has been awarded to the Indian arm of French clean energy firm Solairedirect SA which quoted levelised tariff of Rs 3.15/KWh. The earlier record of Rs. 3.30 per unit levelised tariff for Rewa Ultra Mega Solar Power Project in Madhya Pradesh has been broken by NTPC.

At current rates, solar power generation cost is at par with that of thermal power generation. Solar power tariff has been declining on account of sharply declining prices of solar panels, better structuring of the project that reduces risk for project developers and better currency hedging deals that make financing available at competitive cost.

This is a shot in the arm for the Prime Minister Narendra Modi’s vision of providing 175 GW of power through renewable sources by 2022.


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Having exceeded its target of connecting 500-MW solar projects to the grid, Hartek Power, one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies based in Chandigarh, has bagged 1,025-MW solar grid EPC orders in 2016-17, thus registering a phenomenal increase of 733% as compared to the company’s order size in the previous year when it had secured just 123-MW orders.

Read more: Hartek Power bags over 1-GW solar grid EPC...

NTPC Awarded for RTI Compliance

11th Apr, 2017

NTPC has been given SCOPE Award for RTI Act 2005 Compliance at SCOPE Meritorious Awards. The Award was received by Shri Gurdeep Singh, CMD, NTPC from Shri Pranab Mukherjee, President of India at a function held in New Delhi today. Shri Anant Geete, Union Minister of Heavy Industries and Public enterprises and Shri Babul Supriyo, Minister of State for Heavy Industries and Public Enterprises were present.

NTPC has implemented RTI Act, 2005 in true spirit since its inception with a centralized system of dealing with applications, keeping with the spirit of proactive disclosure.

At NTPC, Corporate Governance is not merely a matter of compliance but inbuilt in the fabric of all Company structures and the flow of all processes as a means to improve efficiency, enhance stakeholder confidence.

Winners of SCOPE Meritorious Awards were decided by eminent jury under the Chairmanship of Justice R.C. Lahoti, former Chief Justice of India.


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