Uttar Pradesh Solar Power Auction: NTPC REL’s Impressive Bid
In addition to NTPC Green Energy Ltd. NTPC Renewable Energy Ltd. formulated Uttar Pradesh Power Corporation Ltd. Solar power auction Held On held on 3rd Jan 2025. The selection event for this selection of the most appropriate solar power developers for the ISTS-connected solar PV project of a total capacity pf 2,000MW From India has made NTPC REL a successful winner for a massive size of 1,000 MW at the very low cost of Rs 2.56/k wh. Official letter of award is awaited Gujarat projects have now gone into operation: NTPC REL has also made strides in Gujarat as its solar PV projects have now gone into operation.
Sadla Project: 37.5 MW of 200 MW was put into operation on December 21, 2024 Mesanka Project: 30 MW out of 150 MW became operational on December 11, 2024.
Success on SECI’S renewable energy auction in December NTPC REL awarded the Solar Energy Corporation of India at 2,000 MW ISTS- Connected PV projects auction. the win includes 500 MW ( rated capacity) at Rs 3.52/Kwh Energy Storage System as a part of the agreement.
Strategic Expansion: NTPC Green Energy’s Green Hydrogen MOU in Rajasthan
Besides, a major MOU for 25 renewable energy projects and 1 million metric tonnes of green hydrogen per year in Rajasthan has been signed by NTPC Green Energy. NTPC Green Energy has signed the share of NTPC Green hydrogen per year in Rajasthan. Share of NTPC Green Energy Ltd closed 0.12% up on Friday at Rs 128.10 each as against 0.76% down in Nifty50 benchmark. With the Indian government continuing to prioritize renewable energy development, NTPC REL’s expertise in solar energy, green hydrogen, and assorted sustainable energy projects places the company in a robust position to seize significant market share in the forthcoming years.
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NTPC REL’s Role in India’s Renewable Energy Growth
NTPC Green Energy Ltd.’s recent success in securing the 1,000 MW solar energy project has strengthened its reputation as a leader in India’s renewable energy landscape. With ongoing progress in Gujarat, a strong foothold in the solar energy market, and a growing green hydrogen portfolio, NTPC REL is perfectly poised to make substantial contributions to the global green energy movement. By providing cost-effective and sustainable energy solutions, the company is strategically aligned for long-term growth, establishing itself as a compelling option for investors looking to participate in the rapidly expanding renewable energy sector.
NTPC Green Energy