NTPC's Massive Solar and Wind Investment in Telangana
NTPC plans to invest Rs 80,000 crore in solar and wind power projects in Telangana. CMD Gurdeep Singh discussed expansion opportunities with Chief Minister A Revanth Reddy. NTPC aims to generate 6,700 MW of floating solar power. The government assured full cooperation for the investments.
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- India
India's power giant, NTPC, has announced a colossal investment plan of Rs 80,000 crore targeting solar and wind energy projects in Telangana, government sources revealed on Saturday.
During a strategic meeting, NTPC's Chairman and Managing Director, Gurdeep Singh, engaged with Telangana Chief Minister A Revanth Reddy to explore avenues for bolstering NTPC's expansion in the region and identified projects of shared benefit.
According to a state government press release, NTPC's leadership pinpointed the potential to harness 6,700 MW capacity of floating solar power. In response, the Chief Minister pledged comprehensive support from the state government for these ambitious ventures.
(With inputs from agencies.)
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