NTPC signs MoU with Govt. of Andhra Pradesh for 1000 MW Solar Power Projects

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Capital Market
Last Updated : Sep 16 2014 | 8:34 PM IST
NTPC signed a Memorandum of Understanding (MoU) with Government of Andhra Pradesh (GoAP) today in Hyderabad for developing 1000 MW solar power project(s) in Andhra Pradesh. The MoU was signed by Dr. Arup Roy Choudhury, Chairman & Managing Director, NTPC and Shri Ajay Jain, Secretary to Government of Andhra Pradesh, Department of Energy.

As per the MoU, NTPC shall develop 1000 MW solar power Project(s) at sites identified by GoAP on Build-Own-Operate (BOO) basis, in a phased manner.

The documents for transfer of land for 4000 MW Pudipadaka Thermal Power Project were also handed over to NTPC on the occasion.

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First Published: Sep 16 2014 | 7:15 PM IST

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