NTPC Enters Wind Energy Space
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.