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NTPC Green signs PPA with UPPCL for 1,000 MW solar project

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NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a 25-year power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL). The agreement, signed on June 4, 2025, covers the supply of 1,000 MW of solar power from an Inter-State Transmission System (ISTS)-connected project. The project can be located anywhere in India. NGEL will develop it under a build, own, operate and maintain (BOOM) model. The scope includes land identification, installation,…

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JSW signs PPA with UPPCL for 1,500 MW pumped hydro storage

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JSW Neo Energy Limited, a subsidiary of JSW Energy, has signed a power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for 1,500 MW/12,000 MWh of pumped hydro storage projects (PHSPs) in Sonbhadra district, Uttar Pradesh. The agreement spans 40 years with a fixed annual capacity charge of Rs 7.72 million per MW. The PHSPs will enable a scheduled discharge of 8 hours per day, with a maximum continuous discharge period of 6…

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Hindustan Powerprojects to set up 300 MW solar project for UPPCL

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Hindustan Powerprojects Private Limited (HPPPL) has secured a Letter of Award (LoA) from Uttar Pradesh Power Corporation Limited (UPPCL) for a 300 MW/425 MWp solar project.  The installation will be Inter-State Transmission System (ISTS)-connected and located in Madhya Pradesh. The project is part of UPPCL’s plan to develop 2,000 MW of ISTS-connected solar capacity across India. HPPPL will be responsible for identifying land, setting up the plant, owning it, and maintaining it. The project will…

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UPPCL awards 1,000 MW ISTS solar projects to three firms

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Uttar Pradesh Power Corporation Limited (UPPCL) has awarded bids for setting up 1,000 MW of Inter-State Transmission System (ISTS)-connected solar power projects across India. The bidding results were announced on March 28, 2025, with three firms securing contracts under the tariff-based competitive bidding (TBCB) process. ReNew Solar Power Private Limited, a subsidiary of ReNew Power Ventures Private Limited, secured 300 MW at a tariff of Rs 2.56 per kWh. Adani Renewable Energy Holding Twelve Limited,…

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NTPC wins 1,000 MW solar power order from UPPCL

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NTPC Renewable Energy (NTPC REL), a subsidiary of NTPC Green Energy (NGEL), has secured a 1,000 MW solar power order from Uttar Pradesh Power Corporation (UPPCL) following a successful bid in an e-reverse auction on 3 January 2025. This capacity is part of a larger 2,000 MW initiative for ISTS-connected solar photovoltaic (PV) power projects across India under tariff-based competitive bidding.  NTPC REL won the bid with a competitive tariff of Rs 2.56 per kWh…

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UPPCL resolves legal challenges to privatise two DISCOMs

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The Uttar Pradesh Power Corporation Limited (UPPCL) has overcome legal hurdles in its bid to privatise Dakshinanchal and Purvanchal DISCOMs under the Public-Private Partnership (PPP) model.  The Board of Directors for both DISCOMs has authorised the formation of a new entity to facilitate the privatisation process. With this development, the process is now set for Cabinet approval of the privatisation draft or Request for Proposal (RFP). The tender process will begin once the proposal receives…

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NHPC inks 1,280 MW renewable power sale deal with UPPCL

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On 27 November 2024, NHPC signed a power sale agreement (PSA) with Uttar Pradesh Power Corporation Limited (UPPCL) for the supply of 1,280 MW of Firm and Dispatchable Renewable Energy (FDRE).  The agreement, formalized in Lucknow, is part of the Ministry of New and Renewable Energy’s (MNRE) Renewable Energy Implementing Agency (REIA) scheme. FDRE combines renewable energy benefits with grid stability to ensure consistent dispatch and availability.  Under the REIA scheme, SJVN acts as an…