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)