This project further strengthens Apraava's presence in Rajasthan, following its maiden 250 MW greenfield solar project announced in January 2024, secured through NHPC.
Apart from these two solar assets, Rajasthan also hosts Apraava's three existing wind projects with a combined capacity of 253.6 MW, along with three under-construction transmission projects.
Rajiv Ranjan Mishra, Managing Director, Apraava Energy, said in the statement, "We are excited to add our largest solar project to date into our growing
The bid is part of the solar tender issued by NTPC for setting up 1,500 MW ISTS-connected Solar PV Power Projects anywhere in India.
The PPA between NTPC and Apraava Energy is for a period of 25 years from the scheduled commencement of the supply date.
As part of the agreement, Apraava Energy will be responsible for building, owning, and operating the project for the PPA tenure.
The company's current operational portfolio of RE (solar and wind) stands at 1,420 MW, with projects spread across Rajasthan, Gujarat, Maharashtra, Madhya Pradesh, Tamil Nadu, Telangana, and Karnataka. In addition, Apraava has 900 MW of RE projects under construction.