Delhi-based solar power producer has bagged a contract to build solar power plants of a total 100 MW capacity from NTPC Ltd.

Bagged 100 MW solar pv based power project from NTPC Ltd auction. The company secured a favorable rate of INR 5.12/kWh ($0.08/kWh) for the solar plant. The plant is likely to come up in Andhra Pradesh.

Leading independent power producer in the solar power sector, had recently signed 150 MW of solar power implementation agreement with Punjab Energy Development Agencys (PEDA) under its Solar Policy Phase III. The company could win the bid at INR 5.63/KWh.The power will be procured by the Punjab Power Corporation.