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NTPC to set up 50MW solar power plant in MP

16 Dec 2011 Evaluate

National Thermal Power Corporation (NTPC) Limited will set up its biggest solar (green) power station of 50 megawatts in the electricity-starved Madhya Pradesh. The company is setting up its biggest solar power project at an estimated cost of around Rs 700 crore in Rajgarh district. NTPC will sell the entire power generated from this project to Madhya Pradesh. The government is expected to ink a power purchase agreement with NTPC to procure energy from this project. NTPC has kick started the process of setting up five MW and 15 MW solar stations in Orissa, Himachal Pradesh and Andhra Pradesh but the company's biggest non-conventional energy project would be set up in Madhya Pradesh.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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