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NTPC Renewable Energy inks PPA with GUVNL
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Last Updated: May 06, 2021, 04:35 PM IST
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Synopsis NTPC Renewable Energy Ltd, a wholly-owned subsidiary of NTPC Ltd, has signed a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Lt (GUVNL) to sell power from its 150 MW solar project, the statement said.
Agencies
The project will sell power at a tariff of Rs 2.20 per kWh, the company said in a statement.
State-owned
NTPC on Thursday said its arm NTPC Renewable Energy has entered into a power purchase agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL) to sell electricity from its 150 MW solar project. The project will sell power at a tariff of Rs 2.20 per kWh, the company said in a statement.
Coal India inks solar power deal with GUVNL
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Coal India inks solar power deal with GUVNL
TNN / Apr 24, 2021, 05:02 IST
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Kolkata: Coal India (CIL) on Thursday signed a first of its kind power purchase agreement for sale of 100 MW solar power with Gujarat Urja Vikas Nigam (GUVNL). The tenure of the agreement period is for 25 years. In its maiden venture into solar power, the world’s largest coal producing company in March’21 had won a 100 MW solar power project in a reverse auction conducted by GUVNL.
“We feel upbeat that we could win in our first ever competitive bidding of solar auction. We will aggressively participate in more such auctions in future,” said a senior executive of CIL.