NTPC Signs 25-Year PPA for 247Solar Thermal Pilot in Rajasthan
Great Falls, Va. – October 15, 2026 -- NTPC Limited, India's largest electric utility, has signed a 25-year power purchase agreement with Virginia-based 247Solar for the company's first commercial solar thermal project, a ~1MW hybrid plant at Rajasthan's Bhadla Solar Park.
NTPC Tests Round-the-Clock Solar Thermal as Coal Alternative
India's utilities have recently built coal capacity alongside solar and wind to cover the gap left by photovoltaic panels after sunset and in bad weather. NTPC will test whether 247Solar's system can close that gap and reduce its reliance on coal. Backers expect the utility to consider wider deployment across India if the project succeeds.
247Solar founder and CEO Bruce Anderson said the technology addresses intermittent solar and wind power and avoids spending more on costly coal plants. He added that NTPC conducted several years of due diligence before moving forward.