NTPC to invest Rs. 7,000 cr in large solar parks in AP

NTPC Limited, NTPC Vidyut Vyapar Nigam Limited and Solar Energy Corporation of India Limited are set to enter into separate agreements with Andhra Pradesh for setting up of large solar power generation parks of about 1000 MW each. NTPC is set to enter into an agreement with the State for its long pending 4000 MW thermal power project proposed at Pudimadaka, located close to Visakhapatnam district in Andhra Pradesh. The project has been pending for years as there was no fuel linkage, which is key to implementing the project.