NTPC Renewable Energy Limited (NTPC REL), a fully owned subsidiary of NTPC Green Energy Limited (NGEL), has successfully won 1,000 MW in Uttar Pradesh Power Corporation Limited’s (UPPCL) Solar PV Power Project auction. The e-reverse auction, conducted on 3rd January 2025, was part of a tender for the selection of solar power developers to set up 2,000 MW of ISTS-connected solar PV power projects under tariff-based competitive bidding.
NTPC REL secured a significant 1,000 MW capacity with an attractive tariff of ₹2.56 per kWh. The Letter of Award (LOA) from UPPCL is awaited to formalize the project.
This win reinforces NTPC REL’s growing role in India’s renewable energy sector and its commitment to contributing to the country’s clean energy transition. The company continues to play a key part in fulfilling India’s renewable energy targets, supporting the nation’s journey toward sustainable energy solutions.
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