The Hindu Business Line: July, 2013
Mumbai: Tata Power Solar has secured a 50-MW solar project from NTPC. The project, to come up at Rajgarh in Madhya Pradesh, is to double NTPC’s solar capacity. The plant is scheduled for commissioning in March next year. It will generate 78.66 million units (Kwh) a year for the Madhya Pradesh Power Trading Company. “This project brings together two of our core strengths in solar, solar module manufacturing and high-quality engineering, procurement and construction capability,” said Ajay Goel, CEO, Tata Power Solar. “NTPC plans to broad-base its generation mix through conventional and non-conventional sources of energy to ensure long-term competitiveness and mitigate fuel risk, said A K Jha, Director Technical, NTPC. NTPC plans to set up 1,000 MW of renewable power by 2017.