Tata Power Solar Bags Rs 1,200 Cr EPC Contract from NTPC for 320MW PV Project

Utility giant Tata Power’s renewable energy arm Tata Power Solar has won an engineering, procurement & construction (EPC) contract worth approx Rs 1,200 crore from NTPC for setting up of a 320 MW of capacity ground mounted solar photovoltaic (PV) project.

January 25, 2021. By Manu Tayal

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Utility giant Tata Power’s renewable energy arm Tata Power Solar has won an engineering, procurement & construction (EPC) contract worth approx Rs 1,200 crore from NTPC for setting up of a 320 MW of capacity ground mounted solar photovoltaic (PV) project.

The company said in a statement that, it has received “a Letter of Award (LoA) to build 320MW of ground mounted Solar PV project for NTPC. The order value of the project is approx Rs 1200 crore ($162 Million).”

Further, the solar pant is expected to be commercially operational by May 2022.

The scope of work includes - land, acquisition, engineering, procurement, installation, and commissioning of the grid-connected solar project on a turnkey basis along with 3 years of operations & maintenance (O&M) services for the solar plant, power evacuation system and telemetry up to the interconnecting state transmission utility (STU) substation. 

Commenting on the project win, Praveer Sinha, CEO & MD, Tata Power said that, “Tata Power is in the forefront of producing green energy across the country. Such achievement demonstrates the trust and leadership of Tata Power’s project management capability and execution skills in solar projects.”

Post the project win, the order pipeline of Tata Power Solar stood at approximately 4GWp with approx value of Rs 12,000 crore.

Earlier, the company had successfully executed large projects such as 150MW Ayana project at Ananthapur, 50 MW Kasargod project at Kerala, 56 MW Greenko project, 30MWp Solar Power Plant in Lapanga, Odisha, 105 MWp of floating solar plant at Kayamkulam (under implementation). It had also won an auction conducted by Gujarat for 400 MW of projects to be built at Dholera solar Park.

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