NTPC Green Energy has acquired solar projects with intermediaries with intermediaries with intermediaries with a minimal cumulative capacity of 50 MW.
This EOI aims to support the mission of NTPC Green, to expand its footprint for clean energy through the inorganic route.
The offers must be submitted by May 27, 2025. The offers are opened on the same day.
Only operating projects in which agricultural and network connectivity have been secured are justified. Each project must have a minimal cumulative capacity of 50 MW and be secured by a valid PPA with NTPC and/or NTPC Vidyut Vyapar Nigam as an intermediary procurer.
The project must be kept directly (property) or as part of a valid rental agreement. If the country is rented out, the rental contract period must at least extend due to the remaining useful life of the project. The PPA must have a minimal remaining term of 10 years from the date of the offer transmission. Suitable operating and maintenance agreements must be available for operating projects.
The asset of the project must be registered in India under the owners' structure. The structure must also offer a 100% share of equity for the acquisition.
All necessary legal and environmental releases must be secured for operational projects, and the assets must be covered by a valid insurance.
NTPC Green has implemented an installed capacity of 6 GW and additional 12 GW. The company aims to reach 60 GW by 2032.
Recently, NTPC Green Energy offers for land and an extra -high voltage transmission system package to develop up to 900 MW Interstate Transmission System (ISS) -KNIT solar projects in BHUJ, Gujarat.
NTPC RENEWABLE Energy invited offers for a land and electricity vacuation package to develop 230 MW-ITS-connected solar projects with a battery energy storage system near the 230 MW-aTayapuram solar project in Tamil Nadu.
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