NTPC Renewable Energy Ltd Secures 1,000 MW Solar Power Project

NTPC Renewable Energy Ltd (NTPC REL), a subsidiary of NTPC Green Energy Ltd (NGEL), has secured a 1,000-MW solar power project from Uttar Pradesh Power Corporation Ltd (UPPCL) at a tariff of ₹2.56 per kWh. The company emerged as the successful bidder during an e-reverse auction conducted on January 3, as part of a competitive process to select developers for 2,000 MW of ISTS-connected solar photovoltaic projects across India.

The announcement, made via a regulatory filing, noted that NTPC REL is awaiting the official letter of award from UPPCL. This achievement underscores NTPC REL's commitment to expanding India's renewable energy portfolio and advancing the country's clean energy transition.


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