NTPC Gujarat Solar PV Park is a 200MW solar PV power project. It is planned in Gujarat, India. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.
The project is being developed and currently owned by NTPC. The company has a stake of 100%.
NTPC Gujarat Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $135.2m.
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Gujarat Urja Vikas Nigam under a power purchase agreement. The power will be sold at the rate of $0.027kWh for a period of 25 years. The capacity to be procured is 200MW.
Larsen & Toubro is expected to render engineering procurement construction services for the solar PV power project.
For more details on NTPC Gujarat Solar PV Park, buy the profile here.
NTPC Ltd (NTPC) is an energy company. It has presence in the entire value chain of the power generation business. The company produces electricity and sells it to state power utilities on wholesale basis. NTPC generates electricity using coal, gas, liquid fuel, hydro and other renewable sources. The company also provides consultancy, e-mobility solutions, project management and supervision; holds interests in coal mining blocks; and carries out energy trading, oil and gas exploration, training of power professionals, rural electrification, ash utilization and coal mining. NTPC is headquartered in New Delhi, India.