Daily News Wrap-Up: NTPC’s Tender for 1.5 GW of Wind-Solar Hybrid Projects
India, Japan launch $600 million low carbon emission fund
October 5, 2023
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NTPC has invited bids to set up 1,500 MW of interstate transmission system-connected wind-solar hybrid power projects anywhere in India. The last date to submit the bids online is October 17, 2023. Bids will be opened on the same day. The minimum capacity of each project at one site must be 50 MW. Bidders must submit ₹1.16 million (~$13,939)/MW as an earnest money deposit. A power purchase agreement will be signed between NTPC and successful bidders subject to the signing of a power sale agreement with the state distribution companies for the identified capacity.