Question : RENEWABLE ENERGY PROJECTS BY NTPC



(a) whether the National Thermal Power Corporations Limited (NTPC) has drawn up any plan for setting up of renewable energy projects in the country;

(b) if so, the details thereof, State-wise;

(c) whether the NTPC has signed Memorandum of Understanding (MoU) with any private company for the purpose; and

(d) if so, the details thereof?

Answer given by the minister


MINISTER OF THE STATE IN THE MINISTRY OF POWER (SHRI K.C. VENUGOPAL)

(a) & (b): Yes, Madam. NTPC has a target of setting up of 1000 MW capacityupto 2017 using renewable energy sources such as wind Energy, Hydro Energy, Solar (Photo Voltaic and Thermal) Energy, Biomass Energy, etc. NTPC has made a provision for investment of Rs.480 crores in 2010-11 for developing renewable energy projects. state-wise plan for renewable capacity addition by NTPC is yet to be firmed up.

(c) & (d): NTPC has signed a Memorandum of Understanding with the Asian Development Bank and M/s. Kyuden of Japan on 24.11.2010 towards setting up of a joint venture company. The objective of the proposed joint venture company is to set up 500 MW renewable energy projects in the country.