NTPC, Rajasthan govt. ink MoU for setting up RE park worth 10 GW
To accomplish the target of 60 GW of renewable energy capacity by 2032, NTPC has announced that it has signed a memorandum of understanding (MOU) with the Government of Rajasthan to develop a 10 GW Ultra Mega Renewable Energy Power Park in Rajasthan.
The MOU signing ceremony was held in the presence of Rajasthan Energy Minister Bhanwar Singh Bhati.
According to the Ministry of Power, in less than two years since its inception, NTPC Renewable Energy Limited has won 4 GW renewable energy capacity by bidding in various tenders under different implementation stages.
Additionally, NTPC REL is developing one UMREPP of 4.75 GW capacity in Rann of Kutch, Gujarat. NTPC REL has entered into a joint venture agreement with DVC to develop RE Parks and projects.