Enrich Energy secured an EPC contract, including a land package, for a 300 MW grid-connected solar project to be developed at NTPC Anta, Rajasthan. The scope includes land acquisition, design, engineering, manufacturing, supply, installation, commissioning, power evacuation system setup, and three years of operation and maintenance.
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Deal Analysis
Enrich Energy has been awarded a significant Engineering, Procurement, and Construction (EPC) contract for a 300 MW grid-connected solar project in Rajasthan, India. This comprehensive agreement with NTPC REL, a subsidiary of the state-owned power giant NTPC Limited, includes a full scope of work from land acquisition and design to manufacturing, supply, installation, commissioning, power evacuation system setup, and three years of operation and maintenance. The project, located at NTPC Anta, Rajasthan, underscores a strategic move towards expanding India's renewable energy capacity through a robust development framework.
This deal is notable for its substantial 300 MW capacity, representing a significant single-project contribution to India's solar pipeline. The involvement of NTPC REL as the developer highlights the continued commitment of major public sector undertakings to drive the country's energy transition. Enrich Energy's comprehensive EPC mandate, including the critical land package and post-commissioning O&M, positions it as a key player capable of delivering large-scale, integrated solar solutions. While the deal value remains undisclosed, the scale and scope suggest a multi-million dollar investment, reflecting confidence in India's renewable energy market.
The Indian solar sector is experiencing rapid expansion, propelled by ambitious government targets to achieve 500 GW of non-fossil fuel energy capacity by 2030. States like Rajasthan, with their high solar insolation and available land, are at the forefront of this growth. This 'development' type deal, currently in the 'announced' status, signifies an early but firm commitment to project execution within this dynamic and strategically important market.
- 300 MW capacity solar project, a significant scale for a single EPC contract.
- Comprehensive EPC scope including land acquisition, power evacuation, and 3 years O&M.
- Involvement of NTPC REL, a subsidiary of India's largest power utility, as the developer.
- Located in Rajasthan, a prime region for solar development in India.
Source Intelligence
KEY DETAILS
The scope of work includes acquiring land for the solar project, as well as the design, engineering, manufacturing, supply, packing and forwarding, installation, and commissioning. This includes setting up the power evacuation system from the solar project to the NTPC Anta substation, and operation and maintenance of the entire PV plant for a period of three years from the date of commissioning. The contract is an EPC contract, including land package, and is described as a turnkey contract.
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Capacity
Enrich Energy awarded 300 MW solar EPC project by NTPC REL
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Location
to be developed at NTPC Anta, Rajasthan. The project will be developed near NTPC Anta natural gas-fired power station in the Baran district of Rajasthan.
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Announcement
March 5, 2026
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Signing
The turnkey contract was formally signed between NTPC REL and Enrich, marking the commencement of this project.
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COD
operation and maintenance of the entire PV plant for a period of three years from the date of commissioning.
PARTIES MENTIONED IN SOURCE
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Enrich Energy
contractor
"Enrich Energy awarded 300 MW solar EPC project by NTPC REL"
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NTPC REL
client
"Enrich Energy awarded 300 MW solar EPC project by NTPC REL"
medium quality
Enriched Mar 5, 2026
Global Infrastructure Sherpa