NTPC REL Secures Bid for 80 MW Floating Solar Project

NTPC Renewable Energy Limited is the successful bidder for 80 MW Floating Solar capacity at Omkareshwar
Reservoir, Khandwa, Madhya Pradesh.

The bidding was conducted on 8 th August 2023 by Rewa Ultra Mega Solar Limited (RUMSL), the JV Company
of Solar Energy Corporation of India (SECI) and MP Urja Vikas Nigam Ltd. The discovered tariff is ₹3.80/kWh
and the energy generated from the project shall be used by MP state DISCOMs.

With completion of this project, the floating solar capacity of NTPC shall be 342 MW. The biggest Floating
Solar project in the country is of 100 MW capacity located at NTPC Ramagundam in Telangana.

As on date, NTPC Group has 3.3 GW RE operational capacity, 20 GW RE capacity in pipeline, including 4 GW
Energy Storage System and country’s first Green Hydrogen based PNG blending project.

NTPC is committed to achieve 60 GW of Renewable Energy capacity by 2032 and be a major player in Green
Hydrogen Technology and Energy Storage domain.