Author: PPD Team Date: 01/07/2025
NLC India Limited has received a Letter of Award (LoA) to set up 450 megawatts (MW) of Inter-State Transmission System (ISTS)-connected wind-solar hybrid projects in Rajasthan and Gujarat. The award was issued on June 27, 2025, under NTPC Limited’s hybrid tender NTPC-03.
NLC had secured the capacity in March 2025 by quoting a tariff of Rs 3.35 per kilowatt-hour (kWh).
A power purchase agreement (PPA) will be signed between NLC and NTPC for 25 years. The project is expected to be commissioned within 24 months from the date of PPA signing.
The project will be developed on a build, own, and operate (BOO) basis. It will comprise a 300 MW solar power plant in Bikaner, Rajasthan, and a 150 MW wind power plant in Bhuj, Gujarat.