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Aug 22, 2009

NTPC is fast-tracking plans on diversifying its fuel mix, with wind power a key thrust area in the renewables space. At present, around 78 per cent of NTPC’s installed capacity of 30,644 MW is coal-fired, while much of the remaining capacity is based on natural gas.

The thermal power major is working on plans to begin rolling out a cumulative 1,000 MW of greenfield wind power installations across Karnataka, Gujarat and Andhra Pradesh over the next few years, company officials said.

The company’s first wind project is expected to come up in Karnataka, with wind farms totalling 500 MW at half a dozen locations in the State.

NTPC has already signed an MoU with the Karnataka Power Corporation Ltd. (KPCL) for setting up the 500-MW wind power capacity, under which KPCL will provide the land while NTPC will set up and operate the wind farms. The total investment in the Karnataka venture is estimated at around Rs 2,500 crore.

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