Pennar bags NTPC’s 500MW solar project at Bhadla in Rajasthan

Engineering products and solutions providerPennarIndustries Ltd on Thursday said it has bagged an order fromNTPC Limited (NTPC REL) for its proposed 500 MW AC & 625 MW DC solar PV project atBhadlainRajasthan.
The Hyderabad-based company said it had emerged as the lowest bidder in competitive bidding for the tender floated

by NTPC REL. The project completion time is 12 and a half months and the scope of the project includes design, engineering, supply, construction, erection, testing and commissioning along with a three-year operation and maintenance contract, Pennar added.

According to Pennar, with this win, the company has bagged orders worth Rs 1,167 crore across all its business verticals during the month of September 2022 from players such as Reliance, Tata, NTPC, Thermax and TCI Limited.