NTPC Plans To Set Up Solar Power Park In Rajasthan
- NTPC is yet to finalize the project size in Rajasthan
- The solar power parks are part of the NTPC’s Corporate Plan 2032
India’s largest power generation company is planning to set up large-scale solar power parks in the western part of the country.
NTPC chairman and managing director recentlytold PTI that his company is looking out for locations to set up solar power parks in the states of Gujarat and Rajasthan. While the size of the solar park planned in Gujarat has been finalized, the company is yet to finalize the project size in Rajasthan.
NTPC is expected to set up a 5-gigawatt solar power park in the district of Kutch, Gujarat. The project shall entail a total investment of Rs 20,000 crore (~US$2.8 billion), and NTPC plans to partner with other companies to implement the project.
Strategised selection of location
Gujarat, as well as Rajasthan, are very wise choices for such large solar power parks by NTPC Limited. Both states are pioneers in the development of solar power and successive governments have been very supportive of the sector. Additionally, with several gigawatts of renewable energy capacity already operational in both the state the necessary power evacuation infrastructure is already in place with more expected to be commissioned in the next few years, according to the company.
These solar power parks are part of the NTPC’s Corporate Plan 2032, which aims to have 28.5 per cent of the company’s installed capacity based on renewable energy sources by 2032. To achieve this goal, NTPC has set a target to have 30 gigawatts of operational solar power capacity, 5 gigawatts of hydropower, and 2 gigawatts based on other renewable energy technologies by 2032.