Monday, June 14, 2021

NTPC to set up industrial parks within power units

State-run NTPC Ltd has planned industrial parks within its power projects across the country. It has invited expression of interests (EoIs) from Indian firms for the same.

India’s largest power generation utility plans to attract energy intensive manufacturing domestic units by offering incentives and benefits as part of Atma Nirbhar Bharat.

These industrial parks will initially be set up on pilot basis at NTPC’s plants at Solapur (Maharashtra), Kudgi (Karnataka) and Gadarwara (Madhya Pradesh) wherein the utility will provide electricity at competitive prices, helping bring down production costs.

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“NTPC has invited the EoI from MSMEs and Indian companies for setting up energy intensive manufacturing plants such as bulk chemicals – ammonia, urea, chloralkali, gypsum and gypsum products, geopolymer, cooling and heating solutions, aluminium, mineral processing (ceramics, tiles, pottery, brick, glass etc.), metallurgical and metal industries (foundries, forging, alloys, heat treatment, steel rerolling, etc.) in the industrial parks to be developed on a pilot basis,” the utility said in a statement on Tuesday.

 

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