NTPC Plans to Set Up 5 GW Solar Park in Kutch at an Investment of Rs 20,000 Crores

“We are looking at two-three locations in the Kutch. We will invite others to invest as well.” He said, the company is also looking at Rajasthan for setting up an ultra-mega solar park. “But the amount of energy that will be produced and the quantum of investment required will be decided after the location is finalized.”

August 20, 2019. By News Bureau

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NTPC Ltd. has announced that it is planning to set up an ultra-mega solar park in the Kutch, Gujarat with an assessed capacity of close to 5 GW and encompass an investment of more than Rs 20,000 crore.

NTPC chairman and managing director Gurdeep Singh said “We are looking at setting up an ultra-mega solar park in the Kutch and also one in Rajasthan. In the Kutch, we are planning to produce 5,000 MW at an investment of around Rs 4 crore per MW, taking the total investment to Rs 20,000 crore.”

“We are looking at two-three locations in the Kutch. We will invite others to invest as well.” He said, the company is also looking at Rajasthan for setting up an ultra-mega solar park. “But the amount of energy that will be produced and the quantum of investment required will be decided after the location is finalized.”

Further, he said NTPC is also planning to tie up with municipalities to produce electricity from solid waste. “Since last year we have been running a pilot project in Banaras in UP that converts bio-waste into electricity. Now we are planning to do a similar project with the East Delhi Municipal Corporation to produce 20 MW a day and we will float the tender over the next 30 months.

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