Tata Power Solar obtains EPC order worth Rs 686 crores from NTPC
Tata Power Solar has announced that it has received a "Letter of Award" (LoA) to build 210 MWp of Solar PV projects for NTPC. The total order value of the projects is approximately Rs 686 crores. The commissioning date for NTPC is set for November 2022.
With this addition, the order pipeline of Tata Power Solar stands at approximately 2.8 GW with an approximate value of Rs 13,000 crores, thereby cementing its position as India's leading Solar EPC player.
The scope of work includes land, transmission, engineering, procurement, installation, and commissioning of the solar projects. The NTPC project site is located in Gujarat.
Speaking on the achievement, Dr. Praveer Sinha, CEO & MD, Tata Power said, "We are pleased to announce the new win of this large solar EPC contract from NTPC. Tata Power Solar is the leader in producing solar energy across the country and this further validates Tata Power Solar's excellent execution skills in solar projects."
Over the years, Tata Power Solar has been India's leading solar rooftop EPC player with compelling economics, especially for the commercial and industrial segment. Favorable government policies and increased environmental awareness have been the key growth drivers. Tata Power Solar comes with a successful background of executing large projects such as the 250 MW Ayana at Ananthapur, 50 MW Kasargod at Kerala, 56 MW Greenko, 30 MWp Solar Power Plant in Lapanga, Odisha, and 105 MWp of Floating solar at Kayamkulam.