The company said that these projects will be installed under EPC mode and added to the installed capacity of NTPC. After achieving 40MW solar projects from the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA), NTPC's shares rose by 2% on June 26.
The country's largest power generation company said that it participated in the tender for the UPDC for 500 MW solar capacity with two bids of 20 MW in Auraiya and Rihand. On June 25, 2019, a reverse auction was conducted and NTPC bid for a full 40 MW solar capacity on the tariff of 3.02 / kWh applied for 25 years. If you are a trader so take our two days free trading trail click here Stock Market Free Trail
The company said that these projects will be set up under EPC mode and will increase their installed capacity.