2.05 (0.61%) NTPC has bagged a consultancy project from the Republic of Mali for development of a 500 megawatt (MW) solar park. However, the company did not disclose the order value and timeline within which the project is to be set up in the West African country.
The Republic of Mali has been taking various initiatives towards energy security of the country, especially to increase access to electricity for its citizens, with a focus on solar power and applications. Development of solar projects in Mali will make a considerable impact in socio-economic growth of Mali.
NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.