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National Hydroelectric Power Corporation (NHPC) optimistic about solar venture- targets 100MW in 5 years

NHPC in April last year announced their foray into wind energy and had announced plans to set up a 100MW wind farm. That was being planned through  Narmada Hydroelectric Development Corporation (NHDC), a joint venture between the Madhya Pradesh government and the National Hydro Power Corporation (NHPC).

However as the site allocated to NHDC by the state government did not have sufficient wind density the project did not take off.

In a recent interview, CMD of NHPC, ABL Srivastava has said that the company is more optimistic about its planned venture into the solar power sector and has set a target of 100 mw in the 12th Five-Year plan that started in April.

Recently, Neyveli Lignite Corporation Limited(NLC), a “Navaratna” Public Sector Enterprise, under the administrative control of Ministry of Coal (MOC) announced plans of setting up a 50MW wind farm and 10 Mw solar farm in Tamil Nadu.

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