NTPC Limited recently issued a tender to auction 2 gigawatts of wind energy capacity across India.
Developers will be free to set up projects in states and at sites of their choosing. The minimum capacity bid a company can place is 50 megawatts, while the maximum is 500 megawatts. The developers will be required to commission the projects within 18 months from signing the power purchase agreement.
The developers will not sign power purchase agreements directly with the end buyers. NTPC’s trading arm NVVN Limited will act as a power trader and earns a commission as well.