NTPC auctions wind power projects worth 1.2 GW of capacity

NTPC limited has announced results of its 1.2 GW wind power tender rolled-out in March 2018. NTPC Limited had invited bids for implementation of 2,000 MW capacity in March 2018. However, after holding discussions with developers, it the tender size had been reduced to 1.2 GW.

A total of six companies have won the bids for implementing the projects. These are: Sprng Vayu Vidyut Private Limited, Mytrah Energy India Private Limited, Srijan Energy Systems Private Limited, ReNew Wind Power Private Limited, Hero Wind Energy Private Limited and Fasten Power Private Limited.

Developer Capacity (MW) Tariff (Rs/kWh)
Sprng Vayu Vidyut Private Limited 200 2.77
Mytrah Energy India Private Limited 300 2.79
Srijan Energy Systems Private Limited 50 2.80
ReNew Wind Power Private Limited 300 2.81
Hero Wind Energy Private Limited 300 2.82
Fasten Power Private Limited 50* 2.83

*Fasten Power Private Limited had submitted the bids to develop 300 MW capacity, however, it has won the bids to develop 50 MW capacity as the projects have been awarded in a bucket filling order.

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