NTPC to Invest $127.1 Million in Solar Power Project in Madhya Pradesh, India - Deal Analysis from GlobalData

Summary

NTPC Limited, a power utility company, has announced an investment of INR 7000m ($127.1m) for the construction of a ground-mounted solar PV power project in Rajgarh district, Madhya Pradesh, India. The total installed capacity of the project will be 50 MW. The investment per MW will be approximately $2.54m.

Scope

- Scope Includes analysis of the deal rational, impact of the deal and an analysis on the companies involved in the deal

Reasons to buy

- The deal analysis provides details on investment by NTPC to develop solar power project in Madhya Pradesh, India and explains the drivers that led to the investment
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