
NTPC to supply 50MW solar power to Madhya Pradesh from 2013
NTPC has signed a PPA with Madhya Pradesh Power Trading Company for supplying electricity from a 50MW solar plant, based in Rajgarh. It is expected to be commissioned by 2013.
Power from the solar plant would be bundled with unallocated supplies from NTPC's upcoming coal-fired plants to make it affordable.
NTPC has plans to achieve a capacity to generate 500MW from renewable sources in the next five years. It has formed a joint venture with the Asian Development Bank ADB and Japan's Kyuden International Corporation Kyushu for this purpose.