India’s largest utility NTPC has announced that its entire solar power capacity of 260 MW among the self-owned projects at the 2.26 GW Bhadla Solar Park has come online (file photo). (photo credit: NTPC)
- NTPC has announced that its entire solar power capacity of 260 MW among the self-owned projects at Bhadla Solar Park has come online
- With 55 MW capacity commissioned on March 27, 2017, the company now has an installed solar power capacity of 620 MW
- The NTPC Group now boasts a total installed power generation capacity of 49,998 MW
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The National Thermal Power Corporation (NTPC) of India has commissioned 260 MW of solar power capacity at the Bhadla Solar Park. With the commissioning of 55 MW, the Indian utility announced its entire 260 MW PV capacity has come online on March 27, 2017.
The Indian utility had been announcing commissioning of capacity at the park over the past three months, the latest one being a chunk of 20 MW, which brought capacity to 2015 MW (see 20 MW More PV Online At Bhadla). The state-backed utility had appointed Vikram Solar (130 MW), Tata Power (65 MW) and Jakson Engineers (65 MW) as its EPC providers, as per Mercom Capital Group. The three had bid 56.28 million INR ($839,586) per MW, 56.4 million INR ($809,750) per MW, and 56.34 million INR ($840,482) per MW, respectively.
This 260 MW is part of the so-called self-owned projects of NTPC. Apart from this, in January 2016, NTPC tendered 420 MW of solar power capacity at the Bhadla Solar Park in Rajasthan, which then led to a record low tariff with Finland’s Fortum bidding and winning 70 MW capacity for a tariff of 4.34 INR ($0.065) per kWh.
Once complete, the Bhadla Solar Park is planned to have a cumulative capacity of 2,255 MW.
Now, the NTPC has a total solar power commissioned capacity of 620 MW. Another 250 MW PV capacity is expected to come online soon. As an entity, NTPC’s total installed capacity is 43,032 and that of NTPC Group is 49,998 MW. The company is eyeing 32 GW of installed renewable energy capacity by 2032 under its Corporate Plan (see NTPC Aims At 32 GW Renewables Capacity).