NTPC Will Help Nine ISA Member Countries in Solar Projects

National Thermal Power Corporation (NTPC) will act as Project Management Consultant (PMC) for nine countries that are part of the International Solar Alliance (ISA) to help them with the implementation of solar power parks and other projects that will make a combined capacity 3,845 MW.

NTPC and International Solar Alliance had called up a meeting early this week in New Delhi that was attended by the Ambassadors and High Commissioners of member countries in the ISA. Besides, the meeting was attended by Director General of ISA, Chief of Unit of ISA and Director (Prospects) of NTPC among other dignitaries from both NTPC and ISA.

The Centre owned power generator also said that the solar power projects will generate about 9,228 million units of power every year. NTPC also held that when combined together, these will attract an investment of $3-4 billion.

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“This would also result in saving 1,265 million liters of diesel per annum and avoidance of 3.42 million ton per annum of CO2 emission,” NTPC said in a statement. The meeting was based on Program – 06 of ISA. The program is designed to support member countries with the implementation of solar projects.

ISA and its expansion

International Solar Alliance was formed in 2015 on the sidelines of the Paris Conference of Parties – 21(UNFCCC) to realize solar sector’s growth by reducing the cost of financing and technologies. It’s based on the larger vision of ‘One Sun One Grid’ that contemplates the solar power generation in one region that can feed the demand in others.

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Syria had joined the ISA just weeks ago and became the 103^rd member of the group headed by India. Syria’s Foreign and Expatriates Minister Fayssal Mikdad signed the ISA framework in Syrian capital Damascus in the presence of Indian Ambassador MS Kanyal. The United States had joined ISA in November 2021 after a long wait.