NTPC to set up 2,500 MW solar park in JV with Maharashtra state PSU

Maharatna power PSU NTPC is going to set up a 2,500 MW solar park in a joint venture with the state-run Mahanirmiti company

PSU Watch Bureau

Published:7th Apr, 2022 at 9:45 PM

New Delhi: Maharatna power PSU National Thermal Power Corporation (NTPC) will set up a 2,500 MW solar park in a joint venture with the state-run Mahanirmiti company. The Maharashtra cabinet gave the approval for the same on Thursday. As per a statement issued by the Maharashtra chief minister's secretariat, both the companies will infuse 50 percent of funds each.

Mahanirmiti, a public sector undertaking of the state government, will build 21 projects with a capacity of 17,360 MW by March 2025, of which 12,930 MW of power will be generated in solar projects.

Maharashtra has 9,305 MW energy projects, of which 2,123 MW power is generated in solar plants, the statement read.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

NTPC to set up 2,500 MW solar park in JV with Maharashtra state PSU

Maharatna power PSU NTPC is going to set up a 2,500 MW solar park in a joint venture with the state-run Mahanirmiti company

Also Read

Data for policy making should be timely, reliable and actionable: Principal Secretary to PM PK Mishra

Finance Ministry asks ministries to make EVs 'default and preferred choice' for staff car purchases

Govt extends Stand-Up India Scheme till March 31, 2031

Air India has made tangible progress; transformation will take time: Singapore Airlines

Defence Ministry inks contract worth Rs 498 crore for refit of INS Betwa