Bid & Tender

News

Avaada Energy Secures 1,050 Mwp Solar Project in NTPC’s Auction

Avaada Energy has secured a solar project of 1,050 MWp through a bidding process in an auction conducted by NTPC. This marks the single largest bid of 1,050 MWp capacity of solar project in tender issued by NTPC which is a renewable energy implementing agency (REIA).

 

The company bagged the project at a tariff of Rs 2.69 per kWh, which is expected to be completed within 24 months of the signing of the 25-year power purchase agreement (PPA).

 

With the latest project, Avaada has a portfolio of 15 GW projects including letters of award and PPAs in India, signifying the company's innovative approach, and dedication to excellence.

BACK

Related News