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Home - Policy - The Indian NHPC offers 2.4 GW of solar energy – SPE
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The Indian NHPC offers 2.4 GW of solar energy – SPE

solarenergyBy solarenergyOctober 13, 2024No Comments1 Min Read
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NHPC Ltd. has issued a tender inviting developers to set up 1.2 GW of grid-connected PV projects, with an option for a further 1.2 GW under a greenshoe option. Bidders must submit their proposals by November 4.

October 11, 2024 Uma Gupta

Image: Adani Green Energy

By pv magazine India

NHPC has launched a tender to select developers for 1.2 GW of grid-connected solar projects and up to 1.2 GW of additional capacity under a greenshoe option.

The potential developers will build, own and operate the PV projects at locations across India.

NHPC will buy and sell the solar energy to state-owned companies, distribution companies and other beneficiaries.

The minimum project size is 50 MW, increasing in 10 MW increments under the “OPEN” category, with a limit of 600 MW without the greenshoe option and 1,200 MW with it.

For projects in the ‘Northeastern States and Special Categories’ category, the minimum contracted capacity offered by a bidder is 30 MW.

This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.

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