POWER

NTPC to set up industrial parks within power units, seeks EoIs from Indian firms

State-run NTPC Ltd plans to set up industrial parks within its power projects across the country and 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 or self-reliant India strategy, wherein the country’s aim is to end its dependence on import and challenge China’s dominance.

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.

Source
Livemint
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