NHPC has launched a tender to select developers for 1.2 GW of grid-connected solar projects and up to 1.2 GW of additional capacity under a greenshoe option.
The potential developers will build, own and operate the PV projects at locations across India.
NHPC will buy and sell the solar energy to state-owned companies, distribution companies and other beneficiaries.
The minimum project size is 50 MW, increasing in 10 MW increments under the “OPEN” category, with a limit of 600 MW without the greenshoe option and 1,200 MW with it.
For projects in the ‘Northeastern States and Special Categories’ category, the minimum contracted capacity offered by a bidder is 30 MW.
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