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NTPC Wins 160 MW Solar Capacities in UPNEDA's 500 MW Solar Tender

Posted On: 2018-10-11 12:23:52

NTPC Ltd had participated in the 500 MW tender floated by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for grid-connected Solar projects.

In the Reverse Auction held on 10.10.18, NTPC has participated for 160 MW Solar capacities and has won the entire capacity bid by it, comprising 140 MW at a levelised tariff of Rs.3.17/unit and 20 MW at a levelised tariff of Rs.3.21/unit, applicable for 25 years.

The above 160 MW of solar projects shall be set up by NTPC and shall add to the installed capacity of NTPC.

Shares of NTPC LTD. was last trading in BSE at Rs.163.8 as compared to the previous close of Rs. 161.55. The total number of shares traded during the day was 144116 in over 1444 trades.

The stock hit an intraday high of Rs. 166.6 and intraday low of 161.15. The net turnover during the day was Rs. 23752793.


Source: Equity Bulls

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