NTPC REL receives the LoA for 325 MW Solar Projects from CM of Madhya Pradesh

NTPC REL received a Letter of Award (LoA) from  Chief Minister of Madhya Pradesh, Shivraj Singh Chauhan for 325 MW of Projects in the Rewa Ultra Mega Limited’s (RUMSL) at Shajapur in Madhya Pradesh.

On Wednesday, Shivraj Singh Chauhan presented the letter of award to Agar, Shajapur and Neemuch with a capacity of 1500 MW at Bhopal. State DISCOMs & Railways will purchase from these projects.

Mohit Bhargava, CEO (NTPC REL) received the letter of award.

NTPC REL has won a capacity of 105 MW worth ₹2.35/kWh, and also a capacity of 220 MW worth INR 2.33/kWh in the Rewa Ultra Mega Limited’s auction held on 19th July 2021 for 450 MW of Projects at Shajapur in Madhya Pradesh. 

With this, NTPC achieves 4.4. GW capacity through Tariff Based Competitive Bidding (TBCB).

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