Vikram Solar wins 140 MW solar project from NTPC

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State owned power producer National Thermal Power Corporation (NTPC) plans to install 225 MW of solar capacity in the state of Uttar Pradesh.

It has chosen Vikram Solar to commission the first 140 MW of the project, which will be installed across an area of around 3 sq km (700 acres) at Bilhaur, Kanpur. Scheduled to be operational in September 2020, the solar plant is expected to meet the electricity demand of the area when complete.

Vikram Solar has annual PV module production capacity of 1 GW, with engineering, procurement and construction (EPC) portfolio of nearly 800 MW (commissioned and under execution). Previously, it commissioned a 50 MW solar plant project in Mandsaur, Madhya Pradesh, and a 130 MW solar project in Bhadla, Rajasthan, for NTPC.

With just 635 MW of installed solar capacity, Uttar Pradesh ranks 10th in terms of India’s list of solar-enabled states.

Quoting a tariff of Rs 3.02/kWh to develop 85 MW, NTPC recently emerged as the lowest bidder in a 550 MW reverse auction held by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for grid-connected solar projects.