New Delhi, Sept. 3 -- The National Capital Region Transport Corporation (NCRTC) has entered into a power purchase agreement for a 110 MW solar power project that is expected to supply nearly 60% of the electricity needed for the Delhi-Meerut Namo Bharat corridor, according to a statement issued on Saturday.

The solar facility, which is estimated to involve an investment of around Rs.450 crore, will be developed at Jaulan in Uttar Pradesh and is likely to become operational within 24 months.

Electricity generated by the plant will be transmitted through the Uttar Pradesh state grid to NCRTC substations in Uttar Pradesh and Delhi, from where it will be supplied along the Namo Bharat corridor.

Under the agreement, NCRTC will purchase elec...