![Officials of NHPC and Tata Power Renewables during signing of contract agreement at NHPC Corporate Office, Faridabad. Officials of NHPC and Tata Power Renewables during signing of contract agreement at NHPC Corporate Office, Faridabad.](https://cdndailyexcelsior.b-cdn.net/wp-content/uploads/2022/05/page13-1.jpg)
Excelsior Correspondent
JAMMU, May 24: NHPC Limited, India’s premier hydropower company today signed a contract agreement with M/s Tata Power Solar Systems Limited for EPC contract for development of 300 MW solar project under CPSU scheme Phase-II, at NHPC Corporate Office, Faridabad.
The Agreement was signed in the presence of A K Singh (CMD NHPC) and Ashish Khanna (President, Renewables, Tata Power). R P Goyal Director (Finance) NHPC and Biswajit Basu Director (Projects) NHPC were also present on the occasion along with other senior officers from NHPC and M/s Tata Power Solar Systems Limited.
NHPC had awarded EPC Contract for development of grid connected Solar PV projects (1000 MW) and its transmission line for power evacuation to ISTS Sub-station along with Comprehensive O&M for 5 years under Tranche – III of CPSU scheme Phase-II on 12-05-2022 to M/s Adani Infra (India) Limited (600 MW in Gujarat), M/s Tata Power Solar Systems (300 MW in Rajasthan) and M/s SSEL – ASR JV (100MW in Andhra Pradesh) with total awarded value of Rs 6604.42 crore with completion period of 18 Months.