InvestorQ : Can you tell me about some of the major solar orders that Tata Power has secured, especially the one from NTPC?
Angel dcosta made post

Can you tell me about some of the major solar orders that Tata Power has secured, especially the one from NTPC?

Answer
image
Juvina Maggie answered.
4 weeks ago
Follow

Tata Power Solar, which is a subsidiary of Tata Power, reported that it had just secured an Rs.1200 crore order from India’s largest power producer, NTPC, to set up a 320 MW power project. This project will be executed by Tata Power Solar on behalf of NTPC and it will go on stream into commercial operation from May 2022 onwards.

Tata Power Solar has seen a spate of orders as most power companies look to de-risk their portfolio with a larger green component. With this latest order from NTPC, the overall order pipeline for Tata Power Solar stands at an extremely healthy Rs.12,000 crore. Tata Power Solar has already executed similar projects at Ayana, Kasargod, Dholera and Lapanga.

The broad scope of the NTPC order includes an array of activities encompassing land acquisition, engineering, procurement, installation as well as the commissioning of the grid-connected solar projected on turnkey basis. This order from NTPC will come as a package alone with a 3-year operations and maintenance or O&M contract.

0 Views