NTPC wins 80 MW floating solar project in Madhya Pradesh

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NTPC Renewable Energy Ltd (NTPC REL) has won 80 MW of floating solar capacity at Omkareshwar Reservoir in the Khandwa district of Madhya Pradesh. It secured this capacity through competitive bidding in an auction conducted by Rewa Ultra Mega Solar Ltd (RUMSL), the joint venture company of Solar Energy Corp. of India (SECI) and MP Urja Vikas Nigam Ltd.

The discovered tariff is INR 3.80 ($0.046)/kWh and the energy generated from the project shall be used by MP state DISCOMs, stated NTPC REL.

With the completion of this project, NTPC’s floating solar capacity will swell to 342 MW. India’s biggest floating solar project of 100 MW capacity is located at NTPC Ramagundam in Telangana.

NTPC targets 60 GW of installed renewable energy capacity by 2032 and become a major player in green hydrogen technology and energy storage domains. As on date, NTPC Group has 3.3 GW of operating RE capacity with another 20 GW in pipeline, including 4 GW of energy storage systems and the nation’s first green hydrogen based PNG blending project.

 

 

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