Tata Power Solar gets letter of award from NTPC for Rs 686-cr project

Tata Power Solar has got a letter of award for an order worth Rs 686 crore from state-owned power giant NTPC, according to a statement.

Tata Power Solar, India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power, has received a letter of award (LoA) to build 210 megawatt peak (MWp) of solar PV projects for NTPC, the statement said.

The total order value of the projects is about Rs 686 crore, it added.

The commissioning deadline has been set as November 2022.

With this addition, the order pipeline of Tata Power Solar stands at about 2.8 gigawatts (GW) with an approximate value of Rs 13,000 crore, thereby cementing its position as India’s leading solar EPC (engineering-procurement-construction) player.

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