Country's largest power producer National Thermal Power Corporation (NTPC) is eyeing Maldives for establishing solar power projects, a move that would enhance the thermal power generator's green footprint.
NTPC is conducting feasibility study in Maldives to explore the potential of the island nation for setting up solar power projects. The final report is expected in the next 3-4 months.
"As of now, we are looking at Maldives for setting up solar power projects... And it will finalise in 3-4 months," the company CMD Arup Roy Choudhury told reporters on the sidelines of a SCOPE event.
However, he declined to give a figure on the investment that the company would make in Maldives.
"Let the (feasibility) report come then we will see," Choudhury added.
Meanwhile, NTPC is targetting to add 105 MW of electricity by setting up 4-5 solar power projects in the country in the next 2-3 years.
"We are going to set up 105 MW new solar power plants at our existing plants at Anta, Dadri, Ramagundam, Sipat and Korba," he added.
NTPC generates over 31,000 MW of power from all sources of energy. The company plans to ramp up this capacity to 75,000 MW by 2017.
NTPC has also formulated a capacity addition of about 1,000 MW through renewable resources by 2017. Simultaneously, it will also have a capacity addition of 301 MW through Solar PV (photo-voltaic) and thermal by March 2014.