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Rays Power Infra Secures Rs 9.4 billion Solar Projects

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Rays Power Infra has secured solar projects worth Rs 9.4 billion, totalling 362 MW, in Rajasthan.   Additionally, the company won a 600 KW / 3000 KWh flow battery project from NTPC. Ketan Mehta, MD & CEO, expressed excitement over the projects, emphasizing the company’s leadership and commitment to innovative energy solutions. Since its inception in 2011, Rays Power Infra has been a key player in turnkey solar EPC services, addressing the growing demand for renewable…

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L&T emerges as lowest bidder for NTPC’s super thermal power plants

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Larsen & Toubro (L&T) has been declared the lowest bidder by NTPC for the main plant package of super thermal power plants (STPPs) at Gadarwara in Madhya Pradesh, Telangana, and Nabinagar in Bihar.  L&T will undertake work for Gadarwara STPP Stage-II (2×800 MW), Telangana STPP Stage-II (3×800 MW), and Nabinagar STPP Stage-II (3×800 MW). The scope of work includes design, engineering, manufacture, supply, construction, erection, testing, and commissioning of the main plant package. The projects…

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JSW Renew, NTPC sign PPA for 700 MW solar project

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JSW Renew Energy Thirteen Limited, a subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with NTPC Limited for a 700 MW solar project. The 25-year agreement sets a tariff of Rs 2.59 per kilowatt-hour (KWh) and connects the project to both the Inter-State Transmission System (ISTS) and State Transmission Utility (STU). The project is expected to be commissioned by June 2026. This agreement increases JSW Energy’s solar capacity pipeline to 3.2 GW,…

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MUNPL pays first dividend of Rs 510 million each to NTPC and UPRVUNL

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Meja Urja Nigam Pvt Ltd (MUNPL), a 50:50 joint venture between NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL), has paid its first-ever dividend of Rs 510 million each to its parent companies. MUNPL’s Chairman K. Shanmugha Sundaram, CEO Kamlesh Soni, and CFO Amit Rautela presented the dividend cheque to NTPC CMD Gurdeep Singh in the national capital. A similar cheque will be presented to UPRVUNL management next week. MUNPL reported a…

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Rays Power secures Vanadium Redox Flow Battery tender from NTPC

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Rays Power Infra has been awarded India’s largest Vanadium Redox Flow Battery (VRFB) tender by NTPC’s R&D division, NTPC Energy Technology Research Alliance (NETRA). The project involves a 600KW/3000KWh VRFB system, marking a significant milestone in India’s renewable energy storage sector.  VRFB technology is known for its long-duration energy storage, which is crucial for grid stability and the integration of renewable energy.

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NTPC invites bids for DPR preparation of 800 MW PSP in Maharashtra

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NTPC Limited has issued a tender for the preparation of a detailed project report (DPR) for an 800 MW pumped storage project (PSP) in Amba, Maharashtra. The last date for bid submission is November 16, 2024. Bidders are required to provide an earnest money deposit of Rs 5 million and meet financial criteria, including a minimum average annual turnover of Rs 189.7 million over the last three years and net worth at least equal to…

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Zetwerk secures Rs 25 billion order from NTPC for 1,515 MWp solar PV modules

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Zetwerk Manufacturing has won an order from NTPC to manufacture and supply 1,515 MWp of solar photovoltaic (PV) modules, including spares, for the 1,200 MW Khavda solar project. The contract, valued at Rs 25 billion, is Zetwerk’s second major order from NTPC. This deal highlights Zetwerk’s reputation for delivering innovative, sustainable, and high-quality solar solutions. The company has previously worked with JSW Energy, Teesta Solar, Continuum Energy, and more. In addition to domestic projects, Zetwerk…

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Zelestra signs 450 MW solar power supply agreement with NTPC in Rajasthan

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Spanish renewable energy company Zelestra has signed a 25-year power purchase agreement (PPA) with NTPC to supply electricity from its 450 MW solar project in Rajasthan. This project will reduce CO2 emissions by 13,555.774 tonnes over the PPA’s duration. The solar project is part of Zelestra India’s plan to develop over six GW of renewable energy projects in the next three years. Zelestra, backed by EQT with USD 232 billion in assets, operates a 20…

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BHEL wins Rs 61 billion order from NTPC for Sipat thermal power project

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Bharat Heavy Electricals Ltd (BHEL) has announced a major order worth over Rs 61 billion from NTPC Ltd for an EPC package at the 1×800 MW Sipat supercritical thermal power project (Stage III) in Bilaspur district, Chhattisgarh. The order includes the supply of equipment such as boilers and turbine generators, along with erection, commissioning, and civil works. The contract was awarded through international competitive bidding. The project is scheduled for completion by September 20, 2028,…

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NTPC board approves investment for two thermal power projects

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The Board of Directors of NTPC has approved investments for two power projects during its meeting on September 19, 2024. The Darlipali Super Thermal Power Project, Stage-II (1×800 MW) in Sundargarh, Odisha, received approval with an estimated cost of Rs 111.31 billion. Additionally, the Sipat Super Thermal Power Project, Stage-III (1×800 MW) in Bilaspur, Chhattisgarh, was approved with an estimated cost of Rs 97.91 billion. These two thermal power projects represent a combined investment of…