Govt offers economic packages for industrial hubs
NTPC Ltd has invited Expression of Interest (EoI) from energy-intensive industries for setting up manufacturing units within its plant premises at industrial parks at Solapur (Maharashtra), Kudgi (Karnataka) and Gadarwara (Madhya Pradesh).
As part of the plan, NTPC will enter into separate agreements with prospective entities for allotment of spaces.
The EOI is for MSMEs and Indian Companies for setting up energy-intensive manufacturing plants such as Bulk Chemicals – Ammonia, Urea, ChlorAlkali, Gypsum and Gypsum products, Geopolymer, Cooling & Heating Solutions, Aluminium, mineral processing (ceramics, tiles, pottery, brick, glass etc.), metallurgical and metal industries (foundries, forging, alloys, heat treatment, steel rerolling, etc.), said NTPC on 22 Sept 2020.
The Industrial parks are to be developed on a pilot basis in the NTPC Thermal Power plants.
These parks will be subjected to requisite approvals from respective State and Central Government. NTPC will process these approvals based on responses received in the EOI.
The government has announced a slew of economic packages aimed to build self-reliant India by creating a conducive investment environment and developing manufacturing hubs.
NTPC’s power plants across the country have evolved into economic centres with a robust infrastructure system in place. Capitalising on the economic ecosystem developed over a period of time, NTPC is exploring ideas to improve utilisation of land within its plant locations for enhancing economic activity and further contributing to the economic growth of the country.
The initiative will create industrial parks within the power plants which, besides offering the unique advantage of reliable electricity supply at competitive prices, will provide a slew of other benefits of readily available infrastructural services like adequate water supply, accessibility through road and rail network, robust connectivity with internet lease lines, accessibility to the township, medical facilities and local market along with various testing facilities which will be co-opted on need basis.
With a total installed capacity of 62.9 GW, NTPC Group has 70 Power stations comprising of 24 Coal, 7 combined cycle Gas/Liquid Fuel, 1 Hydro, 13 Renewables along with 25 Subsidiary & JV Power Stations. The group has over 20 GW of capacity under construction, of which 5GW comprises of renewable energy. #energy #electricity #manufacturing #renewables #solar #wind /fiinews.com
