NTPC REL issues land and transmission package tender for 900 MW solar projects

NTPC Renewable Energy Limited has issued a request for proposals (RfPs) for land and power evacuation package to set up 900 MW inter-state transmission system connected solar projects with an additional greenshoe option of 300 MW. The projects will be set up in Kurnool, Andhra Pradesh.

According to the tender guidelines, the scope of work under the project includes obtaining government or private land near Kurnool ISTS substation on a freehold or lease basis. The lease period must be at least 30 years. To be eligible, the bidders must have implemented grid-connected solar PV projects, solar parks, wind projects, wind parks, or a combination, with a total capacity of 100 MW or more. Of this, minimum one project or park should have a capacity of 50 MW or higher.

In October 2023, NTPC REL issued RfPs for land and transmission package of maximum 2,000 MW inter-state transmission system connected solar projects in Rajasthan under tranche III. In August 2023, NTPC REL secured an 80 MW floating solar project at a ceiling tariff of Rs 3.8 per kWh. The project is situated in Omkareshwar Reservoir, Khandwa, Madhya Pradesh.