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NTPC, which participated in the UPNEDA’s tender for 500-MW solar capacity, on Tuesday won bids for 40-MW of solar capacity. The company had bid for two 20-MW each at Auraiya and Rihand. The reverse auction was carried out on Tuesday and NTPC won the entire 40-MW of solar capacity bid at a levelised tariff of ₹3.02/kWh applicable for 25 years. These projects would be set up by NTPC under the EPC mode. Shareholders will closely monitor the execution by NTPC.
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