Tata Power Solar receives EPC orders for INR 686 crores from NTPC to set up Solar PV projects. Tata Power Solar, India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power, has received “Letter of Award” (LoA) to build 210MWp of Solar PV projects for NTPC. The total order value of the projects is approximately ÌNR 686 crores. The commissioning date for NTPC is set for November, 2022.
With this addition, the order pipeline of Tata Power Solar stands at approximately 2.8GW with an approximate value of INR 13,000 crores, thereby cementing its position as India’s leading Solar EPC player.
The scope of work includes land, transmission, engineering, procurement, installation and commissioning of the solar projects. The NTPC project site is located in Gujarat.
Speaking on the achievement, Dr. Praveer Sinha, CEO & MD, Tata Power said, “We are pleased to announce the new win of this large solar EPC contract from NTPC. Tata Power Solar is the leader in producing solar energy across the country and this further validates Tata Power Solar’s excellent execution skills in solar projects.”
Over the years, Tata Power Solar has been India’s leading solar rooftop EPC player with compelling economics, especially for the commercial and industrial segment. Favourable government policies, and increased environmental awareness have been the key growth drivers.Tata Power Solar comes with a successful background of executing large projects such as the 250 MW Ayana at Ananthapur, 50 MW Kasargod at Kerala, 56 MW Greenko, 30 MWp Solar Power Plant in Lapanga, Odisha and 105 MWp of Floating solar at Kayamkulam.
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