NTPC REL Wins 300 MW Solar Project in NHPC Auction

Key Takeaways

NTPC Renewable Energy Limited has won a 300 MW solar power project featuring energy storage with a tariff of ₹3.09 per unit.
The auction was part of NHPC Limited’s tender for 1,200 MW of solar projects with energy storage systems.
NTPC REL will implement an Energy Storage System (ESS) with a capacity of 150 MW/300 MWh, pending the Letter of Award from NHPC.

Project Overview

NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Green Energy Limited (NGEL), has successfully bid for a 300 MW solar power project that includes an energy storage component. This achievement was realized through an e-reverse auction held by NHPC Limited, where the project was secured at a competitive tariff rate of ₹3.09 per unit.

This auction was part of NHPC’s substantial tender aimed at selecting solar power developers for a total of 1,200 MW of ISTS-connected solar power projects, which also incorporate energy storage systems. The tender provided developers with the flexibility to establish projects across various locations in India, further promoting the development of renewable energy sources. Among the project specifications, 600 MW/1200 MWh energy storage systems were included to enhance the capacity and reliability of the power generation.

Under the terms of the Request for Selection (RFS), NTPC REL is required to deploy an Energy Storage System (ESS) with a capacity of 150 MW/300 MWh. This system is expected to play a crucial role in regulating supply and demand, enhancing grid stability, and improving the overall efficiency of the energy output from the solar project.

The e-reverse auction concluded on January 23, 2025, and the company is now in the process of awaiting a Letter of Award (LOA) from NHPC Limited, a document that will formalize the agreement and allow for project implementation to commence. As NTPC REL prepares to initiate this project, it is poised to contribute significantly to India’s renewable energy goals.

This development highlights the growing trend toward integrating energy storage solutions with renewable energy projects, providing not only environmental benefits but also enhancing the sustainability and reliability of power supply systems in the country. The focus on solar energy aligns with India’s broader objectives of increasing its renewable energy capacity and reducing carbon emissions. As the energy sector evolves, initiatives like these are essential for meeting both current and future energy demands in a sustainable manner.

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