NTPC ventures into wind energy, invites bids for 100 MW project
NEW DELHI: NTPCBSE 0.21 % Ltd., the country’s biggest power generator, is entering the wind energy segment for the first time. The state-owned company has invited bids from contractors to set up a 100 MW wind energy project — or two projects of 50 MW each — anywhere in India. The winner of the contract will implement the project from concept to the commissioning stage and subsequently monitor it, according to the document inviting bids. The deadline for submission of bids is June 14. Renewable energy and hydro projects currently account for about 2 per cent of the 40,000 MW capacity that NTPC owns. It has 110 MW of solar plants and 1,200 MW under construction. It also has 800 MW of small hydroelectric plants with another 800 MW being set up. Although the company has been considering entering wind for a few years, including projects in Chhattisgarh and Karnataka, this is the first time the effort is taking off.
Source: The Economic Times