NTPC has shown considerable interest in setting up solar and wind projects in Orissa with total generation capacity of 500 MW.

The company has sent a draft MoU for approval of the Orissa Government in this regard.

Orissa, which has untapped potential in wind and solar energy sectors at locations like Chandipur, Gopalpur and Paradip, is considered as an attractive investment destination. In the recent meeting with NTPC, it was decided that the Orissa Renewable Energy Development Agency (OREDA) will select location for these projects either in Chandipur, Gopalpur and Paradeep or any other potential locations. NTPC would finalise the pre-feasibility study of wind and solar based projects at potential sites selected by OREDA. Later on, the techno-economic viable projects will be implemented by NTPC.

The DPR for these projects is expected to be finalised in six months from the date of allotment of land by the state government and obtaining the statutory clearances.

Also See:

NTPC inks MoU with GPCL for green energy project (23-Mar-10)