The National Thermal Power Corporation (NTPC), the country’s single largest electricity generator, has invited bids for 250 MW of solar capacity in the Pavagada Solar Park in Karnataka as part of NTPC’s self-owned and developed project initiative. The capacity has been split into five projects of 50 MW each and the projects must meet domestic content requirements (DCR) by using domestically manufactured PV cells and modules.
The projects are to be developed on a turnkey basis by eligible developers. Along with the development of the project, the developers will be responsible for the comprehensive operation & maintenance of the project for a period of five years.
The state-owned utility intends to finance the projects through domestic or external commercial borrowing. NTPC earlier in the year had tendered 250 MW solar projects under DCR category at Pavagada, but cancelled it.
Image Credit: MakeinIndia.com
Saumy is a senior staff reporter with MercomIndia.com covering business and energy news since 2016. Prior to Mercom, Saumy was a copy editor at Thomson Reuters. Saumy earned his Bachelors Degree in Journalism & Mass Communication from the Manipal Institute of Communication at Manipal University. More articles from Saumy Prateek.