InvestorQ : Can you tell me about the order that Tata Power has got for NTPC?
Deepa Salunkhe made post

Can you tell me about the order that Tata Power has got for NTPC?

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Arya Nanda answered.
2 months ago
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Tata Power Solar, which is the renewable solar energy subsidiary of Tata Power, has secured an order for 300-MW solar power project from NHPC and not from NTPC. The order is estimated to be worth Rs1,731 crore and will be completed in 18 months. This is likely to add to the green footprint of power in India.

The deal is to produce 750 million units yearly using Indian-made cells and modules. Tata Power Solar has a current pending order book of Rs13,500 crore, and its utility-scale solar project portfolio has now grown to 9.7GW overall. It has been a trigger for upgraded valuations of Tata Power.

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