NTPC to set up its biggest green energy project in MP
National Thermal Power Corporation (NTPC) Limited will set up its biggest solar (green) power station of 50 mega watt in electricity-starved Madhya Pradesh.
“We are in the process of setting up our biggest solar power project at an estimated cost of around Rs 700 crore in Rajgarh district. NTPC will sell the entire power generated from this project to MP,” NTPC executive Director (Commercial) MKV Rama Rao told TOI.
“The state government will soon ink a power purchase agreement (PPA) with NTPC to procure energy from this project,” he added.
He said that NTPC has kick-started the process of setting up 5 mw, 10 mw and 15 mw solar stations in different parts of the country including Orissa, Himachal Pradesh and Andhra Pradesh but company’s biggest non conventional energy project of 50 MW is to be set up in MP. “In all, we are working on generating more than 100 MW solar power across the country right now,” Rao added.
Pointing out that project was expected to be commissioned within three years he said adding that the process would expedite once the PPA is signed. The location has been found suitable with sufficient sunlight for generation of solar energy. The NPTC’s proposed green power plant would wheel energy across the year.
As of now, Madhya Pradesh is facing acute power shortage due to electricity deficit of more than 2000 mw in demand and supply, leading to daily power cuts ranging from one to 12 hours across the state. Except urban areas of Bhopal, Indore and Jabalpur, entire state is experiencing load shedding.
Madhya Pradesh New and Renewable Energy Minister Ajay Vishnoi said that the NTPC’s upcoming project will be the state’s first biggest solar plant. He said that the state was working hard to generate non conventional energy to overcome power shortfall prevailing in the state.