StockWatch
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Power Generation
Deals22 Aug 2026, 02:30 pm

NTPC Green Energy subsidiary wins 500 MW peak power tender

AI Summary

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited, has successfully secured 500 MW of contracted capacity in SECI's 6000 MWh Assured Peak Power Tender (FDRE-IX). The tender involved an e-reverse auction conducted by SECI for ISTS-Connected RE Projects. NTPC REL won the capacity at a discovered tariff of ₹6.00/kWh. The auction concluded on August 21st, 2026, and this win signifies NTPC REL's growing presence in the renewable energy sector and its ability to secure competitive tariffs for peak power supply.

Key Highlights

  • NTPC REL secured 500 MW capacity in SECI's peak power tender.
  • The discovered tariff for the capacity is ₹6.00/kWh.
  • This win strengthens NTPC REL's renewable energy portfolio.
  • The tender was for Assured Peak Supply of 6000 MWh.