NTPC floats tender to acquire 1 GW solar projects, to invest around Rs 5,000 crore

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.
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.
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.

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