India’s Refex Green Power Limited (RGPL), a subsidiary of Refex Renewables & Infrastructure Limited, has secured a tender to build a 100 MW solar power project through a bidding process held by NTPC Limited, India. According to the tender terms, NTPC will enter into a 25-year Power Purchase Agreement (PPA) with RGPL based on the Request for Selection (RfS) issued on June 24, 2024. The PPA is expected to be signed within 90 days of the issuance of the Letter of Award (LoA). The estimated cost of the project is INR480 crores (~$4.03 billion), with a planned commissioning date set for 24 months after the PPA inked.
NTPC signs 25-Year PPA with Refex for 100 MW PV Plant
The project, worth INR480 crores, is scheduled for full commissioning within 24 months of PPA signed. (Image Credit/Source: BarneyElo/Pixabay)
The dual-use project integrates agriculture under solar panels and floating aquaculture with energy storage. (Image Source: PRNewswire)
The Horsham project combines solar and battery storage, supporting grid stability and peak demand management. (Image Credit/Source: Atimedia/Pixabay)
The 20 MW solar project actively supports Eramet’s SBTi roadmap and climate goals. (Image Source: SolarPanal/Pixabay)
Sherco Solar is the Upper Midwest’s largest solar project, set to power 150,000 homes when fully operational. (Image Source: Xcel Energy)