NTPC calls tariff-based bids for 2,000MW of renewable energy
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NEW DELHI: State-run power producer NTPCNSE -1.55 % has called tariff-based bids to buy 2,000 MW of renewable energy, which it plans to blend with the costly coal-based capacity and sell to distribution companies under their existing contracts.
This follows the government’s recent policy announcement that gives coal-fired power plants with regulated tariffs the flexibility to generate and blend electricity, a move aimed at curbing emissions.
NTPC expects to finalise the tenders ..
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Source : economictimes.indiatimes
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