NHPC awards EPC contracts for 1 GW of Indian photo voltaic initiatives

Might 13 (Renewables Now) – Indian hydropower producer NHPC Ltd (BOM:533098) has chosen engineering, procurement and building (EPC) contractors for a undertaking calling for the set up of 1 GW of photo voltaic parks and transmission strains throughout India.

The corporate stated in a bourse submitting on Thursday it has awarded contracts with a cumulative worth of INR 66 billion (USD 130.6m/EUR 125.5m), with the job deliberate to be accomplished in 18 months.

Beneath the association, India’s Adani Infra will set up 600 MW of photovoltaic (PV) energy capability in Gujarat below a contract estimated at INR 42.95 billion. Tata Energy Photo voltaic Methods Ltd, in the meantime, has bagged an order price INR 17.3 billion so as to add 300 MW f photo voltaic within the state of Rajasthan and a three way partnership between SSEL and ASR has been employed to put in the remaining 100 MW in Andhra Pradesh. The latter’s contract is for INR 5.77 billion.

NHPC says on its web site it has 7,071 MW of put in capability and is working so as to add shut to six,000 MW extra, with the initiatives below building together with hydro and solar energy capability.

(INR 10 = USD 0.129/EUR 0.124)

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