NTPC to develop 400 Mw of Wind, Solar projects in Orissa

Mumbai: The National Thermal Power Corporation (NTPC), the state owned power generator, has evinced interest to set up solar and wind projects in Orissa with aggregate generation capacity of 500 Mw.

The company has sent a draft MoU (memorandum of understanding) for approval of the Orissa government.

The Detailed Project Report (DPR) for these projects is expected to be finalised in six months from the date of allotment of land by the state government and obtaining the statutory clearances.

The utility major has signed similar MoUs with Karnataka Power Corporation, Gujarat Power Corporation, Government of Rajasthan and Andaman & Nicober administration for developing renewable energy projects,

The public sector company plans to add 1000 Mw through renewable energy sources by 2017, it is keen to develop some renewable energy based projects in Orissa.