Amara Raja, L&T and Jackson Group emerge winners of NTPC’s bidding for 735 MW Solar project

Amara Raja Group, Larsen & Toubro (L&T), and Jackson Group are awarded the winners of NTPC’s bidding for a balance of system (BoS) package for the 735 MW Nokh solar project in Rajasthan, which was announced in March 2020.

For the first, second and third blocks of each 245 MW, Larsen & Toubro quoted a tariff of Rs 16.25 million per MW, Amara Raja Group quoted a tariff of Rs 17.14 million per MW, and Jackson Group offered a tariff of Rs 17.86 million to deliver a BoS package, respectively.

The proposal submission deadline was extended until August 2020 after the initial declaration of the tender. Following that, NTPC renewed the tender in November 2021, and in the most recent tender, the bidders’ average yearly turnover criteria were raised.

 

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