NTPC Renewable Energy Limited has invited bids for the development of 1,200 MW interstate transmission system-connected solar power projects integrated with a 600 MW/2,400 MWh (600 MW x 4 hours) energy storage system. The deadline for bid submission is March 13, 2025.
According to the tender guidelines, the bidders must submit an earnest money deposit of Rs 1.63 million per MW and a bid document fee of Rs 22,500. Additionally, micro and small enterprises are exempt from submitting the earnest money deposit and bid document fees.
The projects will be developed on a build-own-operate basis and can be located anywhere in India. The minimum bid capacity is 50 MW, with increments allowed in multiples of 10 MW. A single bidder can be awarded a maximum capacity of 600 MW, along with a corresponding 300 MW/1,200 MWh energy storage system. Moreover, the tender mandates that at least 0.5 MW/2 MWh of energy storage capacity must be installed for every 1 MW of solar capacity.
