NTPC to invest in solar power sector in Odisha

The maharatna has also signed MoUs with the AP and MP governments for generation of 1,000 and 750 Mw solar energy plants respectively

BS Reporter Bhubaneswar
Last Updated : Nov 19 2014 | 9:44 PM IST
NTPC Ltd, a maharatna PSU, that is in the course of implementing two super thermal power plants in Odisha, has now decided to commit investments in solar energy sector in the state.

“The state government has suggested to us that we should invest in solar power and we are okay with the proposal. Nationwide, NTPC has been mandated to generate 3,000 Mw solar power,” said NTPC chairman and managing director Arup Roy Choudhury after meeting chief minister Naveen Patnaik.

NTPC has signed MoUs with the Andhra Pradesh government for generation of 1,000 Mw solar energy and with the Madhya Pradesh government for another 750 Mw, Choudhury said.

States like Telengana and Rajasthan were also looking at NTPC for solar power investments, he added.

NTPC is setting up 1,600 Mw super thermal plant at Darlipalli in Sundargarh district. It hopes to commission the Darlipalli plant by 2018. The company has secured coal linkage for this project in the form of Dulanga coal block with mine capacity of seven million tonnes per annum (mtpa) under command area of Mahanadi Coalfields Ltd (MCL) and Pakri Barwadih block in Bihar's Hazaribagh district with 12.5 million tonne per annum (mtpa).

NTPC has also committed to establish a medical college near Sundargarh at a cost of Rs 350 crore. The medical college is linked to the Darlipalli project.

“A very high class hospital will be built at Sundargarh. Mumbai-based Hafeez Contractor will make a presentation before the chief minister about the architectural design,” Choudhury said.

Besides Darlipalli, NTPC has also proposed to set up another super thermal plant at Gajamara in Dhenkanal district with 1,600 Mw capacity. NTPC will set up a power engineering institute at Dhenkanal that is linked to its Gajamara plant.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 19 2014 | 8:19 PM IST

Next Story