Tata Power Solar receives LoA for NTPC project worth Rs 1,730 cr

NEW DELHI: Tata Power Solar on Tuesday said it has received the Letter of Award (LoA) to build the 300 MW CPSU-II for NTPC at an all-inclusive price of Rs 1,730.16 crore. Tata PowerNSE 4.75 % Solar is an integrated solar company and a wholly-owned subsidiary of Tata Power.

The company had bagged the said order in an auction held on February 21.

The Commercial Operation Date (COD) for this grid-connected solar photovoltaic project is set for September 2021 (18 months), a company statement said.