NTPC Achieves Commercial Operation Of 69.04 MW Khavda-I Solar Project Milestone

Project Activation

NTPC Limited announced the commercial operation date for 69.04 MW of Khavda-I Solar PV Project located at Khavda, Gujarat. The declaration follows successful commissioning, integrating clean energy into India's power mix amid aggressive RE capacity expansion targets.
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Key Operational Details

• 69.04 MW out of 500 MW total project capacity now live
• Part of NTPC Green Energy's vast Gujarat solar portfolio
• Strengthens grid stability with round-the-clock renewable dispatch

Capacity Expansion Context

Khavda-I contributes to NTPC's solar footprint exceeding 3 GW operational. The project aligns with 60 GW renewable target by 2032, leveraging hybrid models for firm power supply. Gujarat's solar hub status attracts further investments.

Market Implications

Operational status unlocks revenue streams via PPAs; NTPC stock eyes RE-driven growth premium. Investors track tariff competitiveness at ₹2.5-3/kWh levels in recent bids, positioning NTPC as green transition leader.

Sources: Marketscreener, Economic Times, NTPC Filings, Moneycontrol