India Business Journal

NTPC’S arm plans India’s largest solar park

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NTPC has said that its newly formed subsidiary, NTPC Renewable Energy, has received approval from the Union Ministry of New and Renewable Energy to set up a 4,750 mw renewable energy park in the Rann of Kutch in Khavada, Gujarat. This will be the largest solar park in the country, and the State-run power producer plans to generate green hydrogen on a commercial scale from the electricit­y generated by the solar panels to be installed there. Currently, NTPC’S installed renewable energy capacity is nearly 1,400 mw, and by 2032, it intends to have 60,000 mw of green power generation base. NTPC has plans to list its subsidiary, NTPC Renewable Energy, in 2022-23.

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