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 on quality assurance, inspection, and engineering services. The framework covers NTPC projects in thermal and hydro power generation, coal mining, renewable energy, green chemicals, townships, and related areas.