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NTPC Initiates 1500 MW Solar Power Project Tender

To participate in the tender, interested developers must acquire the Request for Selection (RfS) documents, priced at INR 22500.

December 27, 2023. By Abha Rustagi

NTPC Limited has opened a significant opportunity for solar power developers by issuing a tender for 1500 MW solar power projects. 

The Invitations for Tenders (RfS) invites eligible bidders to participate in a single-stage two-envelope process, comprising a technical bid (Envelope-I) and a financial bid (Envelope-II), with a reverse auction for the final selection.

The Independent Solar Power Producer (IPP) projects, connected through the Interstate Transmission System (ISTS), are slated to be established anywhere in India, contributing to the nation's commitment to expanding its renewable energy capacity.

Key details of the tender include a bid submission deadline of January 4, 2024, encompassing both technical and financial bids. The opening of Technical Bids is also scheduled for the same day.

To participate in the tender, interested developers must acquire the Request for Selection (RfS) documents, priced at INR 22500. 

Additionally, all bids for the 1500 MW tender must be accompanied by an Earnest Money Deposit (EMD) calculated at the rate of INR 11.6 Lakh per MW. 
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