New Delhi, January 5: NTPC Renewable Energy Ltd has secured a 1,000-MW solar power project from Uttar Pradesh Power Corporation Ltd (UPPCL).

NTPC REL secured a capacity of 1,000 MW at a tariff of Rs 2.56/kWh, a regulatory filing said on Saturday According to the filing, the letter of award from UPPCL is awaited. India Taking Giant Strides in Renewable Energy, Reaches 214 GW Installed Green Energy Capacity in 2024: Tata Group Chairperson N Chandrasekaran.

NTPC Renewable Energy Limited (NTPC REL), a wholly-owned subsidiary of NTPC Green Energy Ltd (NGEL), has emerged as a successful bidder in the e-reverse auction conducted by UPPCL, it stated. India Taking Giant Strides in Renewable Energy, Reaches 214 GW Installed Green Energy Capacity in 2024: Tata Group Chairperson N Chandrasekaran.

The auction, aimed at "selection of solar power developers for setting up 2,000 MW ISTS-connected solar PV power projects in India under tariff-based competitive bidding" was carried out on January 3.

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