State-owned NTPC said it has signed an agreement with Gujarat Power Corporation for executing 500 MW renewable power projects in the state.
8220;NTPC Ltd and Gujarat Power Corporation Ltd GPCL has signed a Memorandum of Understanding MoU for development of 500 MW renewable energy based projects,preferably wind and solar energy in the state,8221; a company statement said.
The MoU was inked by General Manager NTPC R K Sikri and General Manager GPCL Y C Potdar in the presence of Union Minister of State for Power MOSP Bharatsinh Solanki and Minister of State Energy amp; Petrochemicals,Gujarat,Saurabhai Patel. CMD NTPC R S Sharma,dignitaries and senior officials from the Ministry of Power and the Government of Gujarat were also present at the occasion.