Rajasthan And NTPC Sign MoU To Develop 10 GW Renewable Energy Park In State

NTPC Renewable Energy Ltd (NREL) and Rajasthan Government signed on July 1 an MoU for a 10 GW ultra mega Renewable Energy Power Parks (UMREPP) to be developed in Rajasthan. The MoU was signed at a ceremony held on Friday in the presence of Rajasthan Energy Minister Bhanwar Singh Bhati.

Since it was formed on 7 October 2020, NTPCREL has won 4 GW renewable energy capacity by bidding in various tenders which are under different stages of implementation. Besides, NTPC REL is developing one UMREPP of 4.75 GW capacity in Rann of Kutch, Gujarat, and NTPC REL has also entered into a joint venture agreement with DVC for developing RE parks and projects.

NTPC Renewable Energy Limited has been entrusted for execution of NTPC’s ambitious plan to attain a total installed capacity of 60 GW by 2032. Consciously working to achieve the target, NTPCREL has adopted a multi-pronged strategy develop the greenfield and brownfield projects through as many collaborations and acquisitions as possible with the stakeholders. The desire to fuel the company’s growth, broad base its footprint and strengthen its competitive edge drives NTPCREL to be one of the major Renewable Energy producer.

Meanwhile, NTPC on July 2 declared that the commercial operation of the final part capacity of 20 MW out of 100 MW Ramagundam Floating Solar PV Project at Ramagundam, Telangana with effect from July 1. With the operationalisation of the 100-MW Solar PV Project at Ramagundam, the total commercial operation of floating solar capacity in the Southern Region rose to 217 MW.

Earlier, NTPC declared commercial operation of 92 MW Floating Solar at Kayamkulam (Kerala) and 25 MW Floating Solar at Simhadri (Andhra Pradesh). With the operationalisation of the 100-MW Solar PV Project at Ramagundam, the total commercial operation of floating solar capacity in the Southern Region rose to 217 MW. Unlike the 92 MW Kayamkulam floating solar plant which it displaces from the top perch, the Ramagundam plant is likely to retain its rank all through 2023, as other larger floating projects are still under execution.