Monday, 25 May 2020

NTPC Plans Solar Power Push

Updated: August 24, 2015 6:15 am

NTPC Ltd is exploring options to manufacture solar equipment as part of the state-owned power producer’s strategy to be present across the green energy value chain. To start with, India’s largest power generator is evaluating a plan to set up a 1,000-megawatt (MW) per annum manufacturing capacity, which may require an investment of Rs.5,000 crore. The plan stems from the fact that NTPC has to set up 10,000 MW of solar power capacity on its own, along with buying 15,000MW from solar project developers, on behalf of the ministry of new and renewable energy.

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