New Delhi: Power gaint NTPC Limited on Saturday said that Minister of Power and New & Renewable Energy RK Singh and Minister of Social Justice and Empowerment Dr Virendra Kumar will lay the foundation stone of NTPC REL's Barethi Solar Power Project in Madhya Pradesh on March 10.
Located at Barethi RE Park in Chhatarpur District of Madhya Pradesh, the 630-MW solar project entails an investment of Rs 3,200 crore and would be sufficient to light over 3 lakh households upon completion. It is being developed as part of MNRE RE park under UMREPP Mode-8.
A step towards sustainable power generation, the project will reduce 12 lakh tons of CO2 emission annually, thereby helping in achieving country’s climate commitments and green energy targets.
The commissioning of this project will not only supply green power to the grid, but will also ensure affordable power to the beneficiaries. Meanwhile, the construction of the project is helping in creation of direct and indirect employment opportunities in the region.
NTPC is India’s largest integrated power utility having 75+ GW installed capacity that contributes 25 percent of total electricity demand in India. By 2032, NTPC is looking to expand its non-fossil based capacity to 45-50 percent of the company’s portfolio that will include 60 GW RE capacity with a total portfolio of 130 GW.
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