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Tata Power Solar Completes 50-Megawatt Plant for NTPC

June 18 (Bloomberg) -- Tata Power Solar Systems Ltd., a unit of India’s biggest industrial group, has completed a 50-megawatt photovoltaic plant to almost double solar capacity for NTPC Ltd.

Electricity generated at the plant in Rajgarh in the Indian state of Madhya Pradesh will power around 90,000 homes, Tata Power Solar said in an e-mailed statement today.

The project will increase NTPC’s solar capacity to 95 megawatts, according to the statement. The state-controlled utility, which owns 43,000 megawatts of capacity making it India’s largest power generator, plans to develop 1,000 megawatts of renewables by 2017, the statement shows.

To contact the reporter on this story: Natalie Obiko Pearson in New Delhi at npearson7@bloomberg.net

To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net Ana Monteiro, Randall Hackley

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