The proposed 5GW facility would cost 25,000 Indian crore (about US$3.5 billion) and begin operations in 2024, according to statements made by an anonymous NTPC spokesperson to Bloomberg. It is alleged that the company may invite bids from developers to set up projects in the park.
While NTPC did not respond to PV Tech’s requests for comment on or confirmation of the news, corporate communications executive Deepna Metha shared a CNBC-TV 18 report about the proposed development on Twitter on Wednesday.
Should it go ahead with the reported capacity, the project would bring India’s largest power producer closer to its aim of building 32GW of capacity by 2032.
This new development follows news from earlier this week that NTPC cinched 160MW of solar capacity in Rajasthan in a reverse auction held by the government last June.
May 26 - May 27, 2021
Looking at the drivers and dynamics of utility scale solar in the UK & Ireland over the next five years. This event will consider the immediate challenges as we enter the build phase in both these markets where we could see as much as 4GW deployed in 2021 alone! What developments will continue the growth of 100MW+ sites and what impact will government policy have on the rate of deployment in both markets?Join leading developers and manufacturers shaping the direction of one of Europe’s most active markets and hear from speakers with a history of influencing innovation and change.