New Delhi: NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has emerged as a successful bidder in the e-reverse auction conducted by the Solar Energy Corporation of India (SECI) for assured peak supply of renewable energy.
Under the terms of the Request for Selection (RfS), NTPC REL has secured 500 MW of contracted capacity at a discovered tariff of ₹6.00 per kWh. The e-reverse auction was concluded on August 21, 2026.
NTPC Renewable Energy Wins 500 MW Capacity
The successful bid was secured under SECI-FDRE-IX, a tariff-based competitive bidding tender for the selection of renewable energy power developers.
The tender seeks to ensure an assured peak supply of 6,000 MWh, structured as 1,500 MW for four hours, from Inter-State Transmission System (ISTS)-connected renewable energy projects across India.
Key details of the successful bid include:
- Company: NTPC Renewable Energy Limited
- Parent Company: NTPC Green Energy Limited
- Capacity Secured: 500 MW
- Discovered Tariff: ₹6.00/kWh
- Tender: SECI-FDRE-IX
- Auction: E-reverse auction
- Auction Date: August 21, 2026
- Project Category: ISTS-connected renewable energy projects
Read also: NTPC Renewable Energy Floats Tender for 600 MW Wind Power Project in Andhra Pradesh
Bid Secured Under SECI Assured Peak Power Tender
The SECI-FDRE-IX tender is designed to select renewable energy developers capable of supplying power during peak demand periods. The tender covers an assured peak supply requirement of 6,000 MWh (1,500 MW x 4 hours).
NTPC REL’s successful bid for 500 MW adds to the company’s renewable energy portfolio and strengthens its position in India’s growing renewable energy market.
The discovered tariff of ₹6.00 per kWh was determined through the competitive e-reverse auction process.
NTPC Green Energy Strengthens Renewable Energy Portfolio
The latest contract supports NTPC Green Energy’s strategy of expanding its renewable energy footprint and contributing to India’s transition towards cleaner energy sources.
NTPC REL is developing renewable energy projects across multiple technologies, including:
- Solar power
- Wind power
- Hybrid renewable energy projects
- Green hydrogen projects
The 500 MW capacity secured in the SECI tender is expected to further support the group’s renewable energy expansion plans.
NTPC REL’s Role in India’s Renewable Energy Expansion
NTPC Renewable Energy Limited was incorporated on October 7, 2020, as a wholly owned subsidiary of NTPC Green Energy Limited.
The company is focused on developing large-scale renewable energy projects and supporting NTPC’s broader objective of achieving 60 GW of renewable energy capacity by 2032.
The successful SECI bid marks another step in NTPC REL’s efforts to expand its renewable energy portfolio and contribute to India’s long-term clean energy objectives.
About NTPC Renewable Energy Limited
NTPC Renewable Energy Limited (NTPC REL) is a wholly owned subsidiary of NTPC Green Energy Limited. Incorporated in 2020, the company develops large-scale solar, wind, hybrid renewable energy and green hydrogen projects. It supports the NTPC Group’s renewable energy expansion and its target of achieving 60 GW of renewable energy capacity by 2032.
About Solar Energy Corporation of India
Solar Energy Corporation of India (SECI) is a Central Public Sector Enterprise under the Ministry of New and Renewable Energy, Government of India. SECI plays a key role in the development of renewable energy projects and facilitates competitive bidding, power procurement and other initiatives supporting India’s clean energy transition.
Read also: NTPC Renewable Energy Invites Bids for 110 MW Wind Energy Project BoS Package at Khavda, Gujarat
