Following is an excerpt from a cleantechnica.com report.

NTPC Ltd., formerly known as National Thermal Power Corporation, is planning to develop 500MW wind and solar energy projects in the Indian state of Orissa. NTPC is India’s largest power generation company and generates a big majority of power from coal-fired power plants. However, the company is now foraying into renewable energy and low carbon intensive generation technologies like hydro, nuclear and renewables.

The company recently signed a Memorandum of Understanding with the Orissa government in order to obtain approva for setting up the power plant. Orissa is a coastal state located in the south-eastern part of India. In addition to significant offshore wind resources, Orissa also blessed with substantial solar energy resource. The company has signed similar MoUs with the government agencies in Karnataka, Rajasthan, Gujarat and Andaman and Nicobar Islands, all highly potential areas on India’s energy map.