NTPC to invest Rs 60000 cr for building renewable projects
NEW DELHI. NTPC will invest close to USD 10 billion for executing green energy projects in the next five years as part of government`s plans to provide thrust to clean electricity generation. The public sector company has committed to set up renewable power projects of 10,000 MW capacity in the country over the next five years. Nearly an investment of Rs 60,000 crore (approximately USD 10 billion) will be required to build 10,000 MW capacity. As per estimates building one megawatt of solar capacity requires Rs 6 crore. The company in a statement said that it will add 10,000 MW to its existing capacity of 43,143 MW through solar projects in the next five years. Money control.com
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