NEW DELHI: Clean energy solutions provider Vikram Solar on Wednesday said it has been awarded a 300 MW project worth Rs 1,750 crore from NTPC.
The project was secured by the company in a reverse bidding auction, and the solar plant will be spread across 1,500 acres of land in Rajasthan. The project is expected to be complete in 18 months, a statement by Vikram Solar said.
“Vikram Solar has had a long standing business relation with NTPC. Previously, we have executed 50 MW solar plant project in Mandsaur, Madhya Pradesh and 130 MW solar project in Bhadla, Rajasthan for NTPC,” said Venkat Muvvala, Head of EPC and O&M, Vikram Solar.