NTPC Secures another PMC Contract to Develop 500 MW Solar Park in Mali

Adding more heft to its renewable ambitions to transition from a coal burning major, the country’s largest power generation utility NTPC has secured another Project Management Consultancy (PMC) contract for the development of 500 MW solar park in the Republic of Mali under the ISA initiative.

This is the second project where a central PSU under Ministry of Power, NTPC, bagged a win from overseas. Earlier the Republic of Togo engaged NTPC  for similar PMC support for the development of 285 MW solar park in Togo.

During an event hosted by International Solar Alliance (ISA) on Wednesday, the Ambassador of Mali, Sekou Kasse, handed over the PMC award letter to Gurdeep Singh, CMD of NTPC.

The event was presided over by R.K Singh, the Minister of State for Power, New and Renewable Energy, Skill Development and President of ISA, along with other dignitaries such as Upendra Tripathy, Director General of ISA, Sanjeev Nandan Sahai, Secretary of Power, Indu Shekhar Chaturvedi, Secretary of MNRE and Rahul Chhabra, Secretary of Economic Relations, among others.

The move came as the Republic of Mali has been taking various initiatives towards its energy security, especially to increase access to electricity for its citizens, with a focus on solar power and applications. Thus, the development of such solar projects in Mali will make a considerable impact on the socio-economic growth of the country.

NTPC is having 62,110 MW of installed capacity and has vast experience in setting up solar power projects. The company is also handling various solar programs like the National Solar Mission (NSM) in India.

Last year, ISA endorsed NTPC as a Project Management Consultant via a competitive process for member countries to avail the services of the company.

Now, the CPSU company is planning to anchor 10 GW of solar parks in ISA member countries in next 2 years.

ISA is an international, inter-Governmental organization, based in India. It was formed under the leadership of Prime Minister, Narendra Modi and announced jointly with President of France during COP21 held in Paris in 2015.