KURNOOL ULTRA MEGA SOLAR PARK (1000 MW)
MNRE sanctioned this project to develop under state specific bundling scheme and NTPC was chosen as implementing agency for issuing tenders and selecting solar power developers through competitive bidding including reverse auction and supply power to APDISCOMs under state specific bundling scheme.
NTPC has issued NIT in April/May 2015 and selected the following Solar Power Developers for establishment of Solar Power Project.
Phase I (500 MW): Reverse auction was done on 03.11.2015 and L1 is M/s Sun Edison at a tariff of Rs. 4.63 per kWh. Award placed on 09.01.2016 to M/s Sun Edison at tariff of Rs 4.63 per unit.
Phase II (500 MW): Reverse auction for 1x350 MW was done on 14.12.2015 and for 3x50 MW (DCR) was done on 15.12.2015.
L1 for 1x350 MW: M/s S. B. Energy at a tariff of Rs. 4.63 per kWh.
DCR: L1 for 2x50 (DCR): Azure Power at a tariff of Rs. 5.12 per kWh and L2 for 1x50 MW (DCR): M/s Prayatna Developers at a tariff of Rs. 5.13 per kWh.
M/s SunEdison Energy India Pvt. Ltd. - 500 MW @ Rs. 4.63 per kWh
M/s SBG Cleantech ProjectCo Pvt. Ltd. - 350 MW @ Rs. 4.63 per kWh
M/s Azure Power India Ltd. - 100 MW @ Rs. 5.12 per kWh
M/s Prayatna Developers Pvt. Ltd. - 50 MW @ Rs. 5.13 per kWh
After bundling of thermal power from old thermal stations of NTPC with Solar Power in the ratio of 2:1, the affective tariff to DISCOMs will be around Rs. 4.00 per kWh.
PSA: NTPC has signed PSA with APDISCOMs on 08.01.2016.
PPA: PPA was signed by NTPC with Sun Edison (500 MW) on 22.03.2016; with M/s SB Energy (350 MW) & M/s Prayatna (50 MW) on 21.03.2016; and with M/s Azure Power (2x50 MW) on 19.04.2016.
Signing of ISA & LLA for Kurnool Ultra Mega Solar Park (1000 MW) as follows:
M/s SunEdison Energy India Pvt. Ltd. - 500 MW on 10.10.2016 & 15.10.2016
M/s SBG Cleantech ProjectCo Pvt. Ltd. - 350 MW on 27.04.2016
M/s Azure Power India Ltd. - 100 MW on 01.10.2016
M/s Prayatna Developers Pvt. Ltd. - 50 MW on 20.06.2016