India's NTPC tendering for as much as 1GW of solar projects, 3GW tender expected in February

• NTPC Renewable Energy (NTPC REL), the renewables arm of Indian state-owned power giant NTPC, has invited bids for balance of system (BOS) packages with land anywhere in India for 1000MW well worth of projects within the Interstate Transmission System (ISTS) connected solar projects programme.

Chosen professionals will certainly need to identify, obtain as well as completely move possession of the land to NTPC REL along with identifying and setting up grid links to an ISTS substation near to the site.

The projects are to be ground placed PV systems and also consist of tracking technology. They will have a minimum capacity of 50MW as well as a maximum of 600MW to be quoted by a solitary bidder (raising by multiples of 10MW).

Professionals will certainly need to handle all design, procurement and construction (EPC) work needed for the development of the project, while NTPC REL will supply the solar modules "as owner released product by NTPC REL to BOS contactor at site".

Chosen bidders will additionally need to carry out testing, operations and also upkeep (O&M) along with supplying consumables and also spare parts for a "period of three years from the date of commissioning". Complete details of the tender can be found through this link.

Furthermore, NTPC REL is anticipated to reveal a tender for 3GW of renewable energy projects with a storage space component in February this year, according to local media reports by the Press Trust of India (PTI), citing an unrevealed senior authorities.

Investment in the 3GW capacity is expected to be around INR150 billion (US$ 2 billion), according to reports.

"The NREL has chosen to float an international tender or RFP (request for proposition) for a 3GW renewable energy project (such as solar as well as wind) with battery energy storage system in the next 2 months (by February 2022). This entails an investment of concerning INR15,000 crore," the elderly authorities is quoted as stating by PTI.

NTPC has actually targeted 60GW of renewables by 2032, which will certainly compose 45% of its 130GW installed capacity from all fuels by that date.

Currently, it has a sustainable portfolio of around 3,850 MW-- 970MW projects are under construction and also 2,880 MW having actually been won however in various stages of development.

In July last year, NTPC REL was given approval by India's Ministry of New and also Renewable Energy (MNRE) to develop a 4.75 GW solar project in Gujarat, India, which NTCP REL claimed will certainly be India's biggest solar plant to date

In June, the Institute for Energy Economics and Financial Analysis (IEEFA) said India's solar share will rise to 31% of its energy mix by 2040, compared with simply 4% today. Coal is anticipated to fall from 68% of the energy mix to 34% over the exact same duration.