NTPC Renewable Energy Limited Wins 1000 MW in UPPCL's Solar PV Power Project Auction

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has emerged as a successful bidder in the e-reverse auction conducted by Uttar Pradesh Power Corporation Limited (UPPCL). The tender, aimed at the "Selection of Solar Power Developers for Setting up 2000 MW ISTS-connected Solar PV Power Projects in India under Tariff-Based Competitive Bidding," conducted on 3rd January 2025.

NTPC REL secured a capacity of 1000 MW at an impressive tariff of Rs. 2.56/kWh. The Letter of Award (LOA) from UPPCL is awaited.

Shares of NTPC Green Energy Limited was last trading in BSE at Rs. 128.35 as compared to the previous close of Rs. 127.90. The total number of shares traded during the day was 544109 in over 5507 trades.

The stock hit an intraday high of Rs. 132.00 and intraday low of 127.80. The net turnover during the day was Rs. 70414884.00.

Source : Equity Bulls

Keywords

INE0ONG01011 NTPCGreenEnergy PowerGeneration NTPCRenewableEnergy SuccessfulBidder UPPCL