NTPC Green Energy Subsidiary Wins 500 MW Under SECI Peak Power Tender at ₹6/kWh
NTPC Renewable Energy Limited won 500 MW contracted capacity in SECI’s SECI-FDRE-IX assured peak power tender, discovered at ₹6.00/kWh under 6,000 MWh supply for 4-hour peak dispatch. The FDRE model uses storage for grid stability and gives long-term revenue visibility. NTPC REL also signed a bilateral PPA with PTC India Limited to sell 1,200 MW of solar power.