NTPC inks MoU with Rajasthan for 10 GW renewable energy park

The state power producer NTPC Group has set a target of 60 GW of renewable energy capacity by 2032. As a step towards achieving this target, its subsidiary NTPC Renewable Energy Ltd (NTPC REL) has signed a Memorandum of Understanding with the Government of Rajasthan for the development of a 10 GW ultra mega renewable energy park in Rajasthan.

In less than two years since its inception, NTPC REL has won 4 GW of renewable energy capacity by bidding on various tenders, which are in various stages of implementation. In addition, NTPC REL is developing a UMREPP of 4.75 GW capacity in Rann of Kutch, Gujarat and NTPC REL has entered into a joint venture agreement with DVC for the development of RE parks and projects.

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