NTPC En­ters Wind En­ergy Space

The Economic Times - - Economy: Macro, Micro & More -

NTP is en­ter­ing the wind en­ergy seg­ment for the first time, re­ports Kaavya Chan­drasekaran. The state-owned com­pany has in­vited bids from con­trac­tors to set up a 100 MW wind en­ergy project – or two projects of 50 MW each – any­where in In­dia. The win­ner of the con­tract will im­ple­ment the project from con­cept to the com­mis­sion­ing stage and sub­se­quently mon­i­tor it, ac­cord­ing to the doc­u­ment invit­ing bids. The dead­line for sub­mis­sion of bids is June 14. Re­new­able en­ergy and hy­dro projects cur­rently ac­count for about 2% of the 40,000 MW ca­pac­ity that NTPC owns.

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