NTPC REL receives the Letter of Award for 325 MW Solar Projects

Mumbai: NTPC REL received a Letter of Award (LoA) from Hon’ble Chief Minister of Madhya Pradesh, Shri Shivraj Singh Chauhan for 325 MW of Solar Projects in the Rewa Ultra Mega Solar Limited’s (RUMSL) at Shajapur Solar Park in Madhya Pradesh.

On Wednesday, Shri Shivraj Singh Chauhan presented the letter of award to Agar, Shajapur, and Neemuch Solar Park with a capacity of 1500 MW at Bhopal. State DISCOMs & Railways will purchase power from these projects.

Shri Mohit Bhargava, CEO (NTPC REL) received the letter of award.

NTPC REL has won a capacity of 105 MW worth ₹2.35/kWh, and also a capacity of 220 MW worth ₹2.33/kWh in the Rewa Ultra Mega Solar Limited’s auction held on 19th July 2021 for 450 MW of Solar Projects at Shajapur Solar Park in Madhya Pradesh. With this, NTPC achieves 4.4. GW capacity through Tariff Based Competitive Bidding (TBCB).