In a tender recent Issued by National Thermal Power Corporation (NTPC), Avaada Energy has won a major bid of 1,050 MWp solar project. The project will be developed at a tariff of INR 2.69 per kWh. Completion is expected within 24 months of signing the Power Purchase Agreement (PPA). Additionally, Avaada Energy has secured Letters of Award and PPAs for over 15 GWp in India.
Avaada Energy secures 1,050 MWp solar project in India
Avaada Energy Secures 1,050 MWp Solar Project in NTPC Auction. (Image Credit: Pexels)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)