NTPC signs 300 MW solar PPA with Engie and service pact with EIL
Engie India has signed a power purchase agreement with NTPC Limited for the supply of 300 MW of solar power. The project was awarded through a competitive bidding process conducted by REC Power Development and Consultancy for 1,250 MW of inter-state transmission system-connected solar projects under Tranche I. Engie secured the capacity at a tariff of Rs 2.55 per kWh. Separately, NTPC has signed a memorandum of agreement with Engineers India Limited (EIL) to collaborate…