Summary
As part of its pivot towards green energy, India’s largest power generation company NTPC Ltd has won 4.32 gigawatt (GW) of renewable energy bids since the last financial year.
This assumes significance given that the state-run NTPC Ltd recently bid a record low solar tariff of Rs1.99 per unit setting a new benchmark in the sector.
“A total of 1560 MW of renewable bids won in FY21, which constitute 15% of total bids finalized in the country in FY21, through open competition. We have also won 2765 MW RE bids in FY22 till date. NTPC has now emerged as a serious player in Indian RE sector," said NTPC chairman and managing director Gurdee......