India’s largest energy conglomerate, NTPC Ltd has won the contract for a 500 MW solar park in the western African nation of Mali. In an event held on Wednesday and chaired by Raj Kumar Singh, Minister of State for Power & New and Renewable Energy and President of the International Solar Alliance (ISA), and Sekou Kasse, Ambassador of Republic of Mali in India, handed over the project management consultancy award letter to Gurdeep Singh, Chairman & Managing Director NTPC for the project.
ISA is an international, inter-governmental organisation, based in India, created under the leadership of Prime Minister, Narendra Modi and announced jointly with President of France during COP21 held in Paris in 2015. ISA’s vision for large-scale solar revolution hinges on creating a facilitative international ecosystem that enables access to science and economic resources, reducing the cost of technology and capital, facilitating price reduction and enabling the development of storage technology and innovation. With its scale and authoritative understanding of the energy transition opportunities of diverse economies, ISA strives to be a catalyst for bringing about a change from energy poverty to energy empowerment.
The event was hosted by ISA in the Ministry of Renewable Energy, New Delhi, and graced by the dignitaries, Director General ISA, Upendra Tripathy, Secretary Power, Sanjeev Nandan Sahai, Secretary MNRE, Indu Shekhar Chaturvedi and Secretary Economic Relations Rahul Chhabra among others.
The Republic of Mali has been taking various initiatives towards the energy security of the country, especially to increase access to electricity for its citizens, with a focus on solar power and applications. The development of solar projects in Mali will make a considerable impact on the country’s socio-economic growth.
NTPC, a Govt of India Enterprise and a leading global power company with 62,110 MW installed capacity has vast experience in setting up solar projects and handling various solar programmes like the National Solar Mission in India. In 2019, ISA endorsed NTPC as a project management consultant through a competitive process for the member countries to avail of the services of NTPC. Earlier the Republic of Togo had engaged NTPC for development of 285 MW Solar Park in Togo.
NTPC plans to anchor 10,000 MW of solar parks in ISA member countries in the next two years. Solar parks are being showcased as a best practice from India, which had started solar parks as a novel concept and has commissioned several projects, thus reducing energy costs substantially, bringing in investment, creating employment and benefitting the environment.