NTPC is drawing up plans to increase its footprints overseas. Seeking to expand its presence in the clean energy sector, it is eyeing Maldives for establishing solar power projects.
NTPC is conducting a feasibility study in Maldives to explore the potential of the island nation for setting up solar power projects. The final report is expected in the next 3-4 months.
“As of now, we are looking at Maldives for setting up solar power projects and will finalise a report in 3-4 months,'' NTPC Chairman and Managing Director Arup Roy Choudhury told reporters on the sidelines of an event here.
NTPC was also going to set up 105 MW new solar power plants at Anta, Dadri, Ramagundam, Sipat and Korba in the next 2-3 years, he added.
NTPC generates over 31,000 MW of power from all sources of energy. The company plans to ramp up this capacity to 75,000 MW by 2017.
NTPC has also formulated a capacity addition of about 1,000 MW through renewable resources by 2017. Simultaneously, it will also have a capacity addition of 301 MW through Solar PV (photo-voltaic) and thermal by March 2014.