NTPC setting up ‘plug-and-play’ industrial parks at 3 power plants
NEW DELHI: India’s largest generation utility NTPC is setting up industrial parks with ‘plug-and-play’ infrastructure at three power stations, throwing open its land bank to Indian companies and MSMEs engaged in energy-intensive manufacturing activity to mark the first instance of a Central PSU monetising surplus or idle assets.
The company has invited EoI (expression of interest) from companies interested in setting up units at its power plants at Solapur in Maharashtra, Kudgi in Karnataka and Gadarwara in Madhya Pradesh. The move appears to be an offshoot of the government’s plan to promote self-sufficiency in manufacturing. But it also fits with NTPC’s future trajectory where the company will be replacing older, low-capacity generation units with more efficient super-critical plants and sharpens focus renewables.
The units set up in the proposed industrial parks will enjoy the benefits of assured power at competitive rates, adequate water supply as well as existing road and rail connectivity. These will lower the manufacturing cost and give products a competitive edge against imports, particularly from China.
