NTPC to set up 50-Mw solar plant in Madhya Pradesh

State-owned power major NTPC is going to set up its biggest solar (green) power station of 50 megawatts next year at an estimated cost of around Rs 700 crore in the electricity-starved state of Madhya Pradesh.

"We are setting up our biggest solar power project at an estimated cost of around Rs 700 crore in Rajgarh district next year. NTPC will sell the entire power generated from this project to Madhya Pradesh," NTPC official said today.

"The government will soon ink a power purchase agreement with NTPC to procure energy from this project," the official said.

According to NTPC officials, it has kick-started the process of setting up 5 Mw and 15 Mw solar stations in Orissa, Himachal Pradesh and Andhra Pradesh, but the company's biggest non-conventional energy project would be set up in Madhya Pradesh.

"In all, we are working on generating over 100-Mw solar power energy projects across the country right now," they said.