NTPC and state government of Andhra Pradesh on 16 September 2014 signed a Memorandum of Understanding (MoU) for developing 1000 MW solar power(s) in Andhra Pradesh. The MoU was inked in Hyderabad, the joint capital of Andhra Pradesh and Telangana.
As per the MoU, NTPC shall develop 1000 MW solar power Project(s) at sites identified by Government of Andhra Pradesh on Build-Own-Operate (BOO) basis, in a phased manner. The MoU was signed by Dr. Arup Roy Choudhury, Chairman & Managing Director, NTPC and Shri Ajay Jain, Secretary to Government of Andhra Pradesh, Department of Energy.
On the occasion, the documents for transfer of land for 4000 MW Pudipadaka Thermal Power Project were also handed over to NTPC on the occasion.
When: 16 September 2014