NTPC to set up country’s largest solar park in Kutch

NTPC, the country’s largest power producer, has set a target of generating 60,000 MW of power from non-conventional energy sources in the next 10 years. For this, the company will set up a 4,750 MW solar park in Kutch, Gujarat. The company said that its subsidiary NTPC Renewable Energy Limited (NTPC REL) has been permitted by the Ministry of Renewable Energy (MNRE) to set up the largest power plant.

Recently, private sector Reliance Industries also made a big announcement for the renewable energy sector. It is also indicating this. That in the coming days, Gujarat will be established as the largest state in the non-conventional energy sector. Apart from these two companies, the Adani Group is also rapidly expanding its solar plant capacity in Gujarat. Like Reliance, NTPC has also said that the solar plant to be set up will make green hydrogen.

NTPC has been setting up small solar plants for the last five years. It currently has a capacity of 6,600 MW to generate electricity from solar energy and other non-conventional energy sources. It has been targeted to reach 60,000 MW by the year 2032. A major part, will be in Gujarat. Work is underway on the company’s 1,800 MW projects. However, the company has not told how the capital will be arranged for this. Roughly, the cost of setting up a solar plant per MW capacity is 4 crores, according to this, the company will have to invest Rs 2.40-2.50 lakh crore.

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