- The bid submission deadline is January 4, 2024 for both technical and financial bids
- Bidders for the 1500 MW tender need to submit an Earnest Money Deposit (EMD) of INR 11.6 lakh per MW
NTPC Limited has recently initiated a tender for 1500 MW solar power projects.
This project has invited eligible bidders to participate in a single-stage two-envelope process, comprising a technical bid (Envelope-I) and a financial bid (Envelope-II), with a reverse auction for the final selection.
The bid submission deadline is January 4, 2024 for both technical and financial bids. The opening of Technical Bids is also scheduled for the same day.
Interested developers must acquire the Request for Selection (RfS) documents to participate in the tender, priced at INR 22500.
Bidders for the 1500 MW tender need to submit an Earnest Money Deposit (EMD) of INR 11.6 lakh per MW as part of the process.
India plans to establish Independent Solar Power Producer (IPP) projects connected via the Interstate Transmission System (ISTS) to boost renewable energy capacity.
NTPC is India’s largest power utility with an installed capacity of 73,824 MW (including JVs) and plans to become a 130 GW company by 2032. Established in 1975, NTPC aims to be the world’s largest and best power major.
The company is committed to generating reliable power at competitive prices in a sustainable manner by optimising the use of multiple energy sources with innovative eco-friendly technologies thereby NTPC is contributing to the economic development of the nation and upliftment of the society.