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Mumbai, Feb 7 : The state-run NTPC has revised its plan to develop wind power project with a generation capacity of 100 mw, from the originally planned 50 mw project, in southern or western India. This is one of the projects of NTPC's Rs 6,000 crore plan to invest in renewables in the coming period.
Informed sources told FE that NTPC, which has proposed to add over 22,000 mw of capacity in the 11th plan period, had initially planned to set up a 50 mw wind power project with an investment of Rs 324.8 crore. However, the company's board has recently given its approval to invest in the development of a 100 mw wind project, on a fat track basis. The board has cleared feasibility reports for the project, and has agreed to issue invitations for bids (IFB) for the installation of the wind farm.
NTPC has roped in Chennai-based centre for wind energy technology (C-WET) as a consultant to supervise the bidding process for installation of the 100 mw wind farm. NTPC has also finalised the qualifying requirements for bidders in consultation with the hired consultancy firm.
Prominent energy firms, which have decided to pursue their plans in renewables, include British oil firm BP, India's Oil and Natural Gas Corportion, state refiner HPCL, Reliance Energy Ltd (REL) and Tata Power Company (TPC). While BP and Tatas have a JV named Tata BP Solar, TPC is also setting up a 100 mw wind project in Maharashtra with ADB's loan. Moreover, REL has set up a 8.3 mw wind project; HPCL is looking at a 100 mw and ONGC, at around 150 mw unit at different sites in southern and western India
It must be mentioned that NTPC has already firmed up plans to invest Rs 6000 crore towards the setting up of 1000 mw of renewable energy capacity over the next ten years.
This could entail the metamorphosis of NTPC from a thermal power giant to the country's largest green power producer in the coming years.
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