NTPC Madhyapradesh Solar PV Park 1 is a 220MW solar PV power project. It is planned in Madhya Pradesh, 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 2026. Buy the profile here.
The project is being developed by NTPC and Rewa Ultra Mega Solar. The project is currently owned by NTPC Renewable Energy with a stake of 100%.
NTPC Madhyapradesh Solar PV Park 1 is a ground-mounted solar project.
The project cost is expected to be around $142.56m.
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.
Power purchase agreement
The power generated from the project will be sold to Rewa Ultra Mega Solar under a power purchase agreement for a period of 25 years.
NTPC GE Power Services is expected to render engineering procurement construction services for the solar PV power project.
NTPC GE Power Services is expected to perform operations and maintenance for the solar PV power project for a period of 3 years.
For more details on NTPC Madhyapradesh Solar PV Park 1, 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.
About Rewa Ultra Mega Solar
Rewa Ultra Mega Solar Limited is a joint venture of Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikas Nigam Ltd to develop solar projects in India.