NTPC and AP Genco are set to enter into memorandum of understanding (MoU) for development of a 1000 mw solar power park in Andhra Pradesh. Apart from the initiative to rope in NTPC for the mega project, AP Genco has called for bidding process of development of 500 mw of solar power.
The State Government of Andhra Pradesh is seeking to expedite the construction of 800 mw of additional capacity in Krishnapatnam, 800 mw in Vijayawada Thermal Power Station and has plans to develop a 960 mw hydel power house at the Polavaram multi-purpose project.
NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.
