Thursday, November 25, 2010

Joint Venture to Develop Renewable Energy in India Established

NTPC, ADB and KEPCO have signed joint venture agreement to develop 500 megawatts of renewable energy projects in India.

1 comment:

  1. Excellent initiative by NTPC, ADB and the Japanese partners. Given that only hydro projects below 25MW qualify for green in India according to MNRE, 500MW of capacity in less than 3 years will be a formidable challenge given gestation periods for some of the projects. Of course wind could be one big component as it is a mature, scalable and easy to commission. Biomass does not offer scale due to the scarcity of feedstock. Given this, it seems like wind and solar might be the two best options. Panchabuta has detailed essays on the renewable energy and cleantech space in India at its blog at http://goo.gl/L0nlg

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