This is the first time that the state-owned power generator has evinced interest in acquiring operational solar projects. Earlier, the company had invited bids to procure solar power and set up projects.

5,000 crore. The document stated that in line with its long-term corporate plan, NTPC is taking various steps to make its energy portfolio greener by adding significant capacities of renewable energy (RE) sources.The company can increase its power generation capacity instantly by going for inorganic growth or acquiring existing operational projects.NTPC, formerly known as National Thermal Power Corporation, plans to be a 130 GW-company by 2032 with diversified fuel mix.With a total installed capacity of 62,910 MW, the NTPC group has 70 power stations comprising of 24 coal, 7 combined cycle gas/liquid fuel, 1 hydro, 13 renewables along with 25 subsidiary and JV power stations.For acquiring about 1 GW of operational solar power capacity, the company would have to shell out around Rs 5,000 crore as per back of the envelope calculations.The company has a capital expenditure plan of Rs 21,000 crore for the current fiscal year, and most of it would be spent on adding new power generation capacities, it said.The RE portfolio of NTPC has ongoing capacity addition projects with around 2,298 MW projects under construction.By 2032, the company plans to have a minimum of 32 GW capacity through RE sources constituting nearly 25 per cent of its overall power generation capacity.In a tender or request for proposal (RFP) issued on Friday, NTPC has invited bids from the promoters or lenders, authorised financial intermediaries of power generation companies, independent power producers or developers for offering operational solar based assets located in India.The tender is expected to be finalised by October this year. New Delhi, July 24 : In a major acquisition spree, country's largest power producer NTPC has invited bids to buy operational solar power projects of 50 MW and above to expand its non-fossil fuel based project portfolio. This is the first time that the state-owned power generator has evinced interest in acquiring operational solar projects. It should also be operational for at least one year prior to the bid submission and have operational evacuation line with central or state transmission utility.This is the first time that the state-owned power generator has evinced interest in acquiring operational solar projects.
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In fact, as per its 2032 vision document, the company plans to have a minimum of 32000 MW capacity through RE sources constituting nearly 25 per cent of its overall power generation capacity. No. 5,000 crore. NTPC is looking for 250 experienced Engineers in Electrical/Mechanical/ Electronics/ Instrumentation disciplines for Shift Operation of Thermal Power Plant and 25 Experienced Assistant Chemists for our Stations/Projects . In the solar sector, around 80 per cent of equipment currently in use is from China.To be sure that it’s offer gives it scale, NTPC has decided to invite bids for sale only from developers having a minimum installed capacity of 50 MW in a single location. In a tender or request for proposal (RFP) issued on Friday, NTPC has invited bids from the promoters or … State-run power giant NTPC has floated a tender to acquire 1 GW operational solar projects, which entails an investment of around ₹5,000 crore. NEW DELHI, July 24: State-run power giant NTPC has floated a tender to acquire 1 GW operational solar projects, which entails an investment of around Rs 5,000 crore.

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