Tata Power secures ₹1,730-cr NTPC contract

Tata Power
Tata Power Solar, India's largest integrated solar company and a wholly-owned subsidiary of Tata Power, in a post reverse auction held recently, received the Letter of Award to build the 300 MW CPSU-II for NTPC at an investment of ₹1730.16 crore. The Commercial Operation Date (COD) for this grid-connected solar photovoltaic project is 18 months. With this contract, the order book of Tata Power Solar stands at approximately ₹8,541 crore, including external and internal orders, said MD & CEO, Tata Power Solar and President, Tata Power (Renewables), Ashish Khanna, adding that Tata Power Solar is proud to consistently win large and challenging grid-based solar EPC contracts from industry-leading public sector undertakings like NTPC. This being a DCR project, the company will be building the project with its own cells and modules. While CEO & MD, Tata Power, Ashish Khanna, reiterated that projects like these demonstrate the trust in Tata Power's project management and execution skills and that the order is a motivation for the company to continue focusing on delivering the best to its customers.

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