Dec 20 2016 | India Opportunities

NTPC forays into wind energy generation

Power sector major NTPC Ltd has forayed into wind energy generation with a 50 MW wind energy power project in Gujarat. The contract is awarded to Inox Wind Ltd and is likely to complete by Q1 of FY2017-18. NTPC currently has approximately 47 GW of capacity under operations. The renewable energy move is part of the decision to source about 11 per cent of its planned capacity of 128 GW by 2032 from clean energy route.