NHPC successfully conducted the e-reverse Auction for ISTS grid connected solar PV project

NHPC, India’s premier hydropower company which has diversified its portfolio to include Solar Power business has given Letter of Awards (LOA) to Solar Power Developers for interstate transmission system (ISTS) grid connected photovoltaic projects aggregating to 1600 MW installed capacity. Previously, NHPC had successfully conducted the e-reverse Auction for ISTS Grid Connected Solar PV Project to be set up anywhere in India. As part of the LOA, NHPC shall purchase the power generated from the proposed ISTS- Connected Solar PV Power Project at tariffs of Rs 2.55/- and 2.56/- per unit.

 

In another development, NHPC awarded the work for “Execution of 1500 metre Head Race Tunnel works for Parbati-II HE Project (Lot PB-2C) to M/s Gammon Engineers and Contactors Pvt. Ltd. for a Contract Price of Rs 211.63 Crore. The 800 MW Parbati-II Hydroelectric Project, located in Himachal Pradesh is a run-of-the-river scheme proposed to harness hydro potential of the river Parbati.

 

NHPC has successfully completed awarding of the above-mentioned works amidst nationwide lockdown due to COVID-19 pandemic following all guidelines laid down by the Government and optimum use of available resources and manpower.