Republic of Mali awards consultancy contract to NTPC for Solar Park
Published: Jun 25, 2020
By TIOLCORPLAWS News Service
NEW DELHI, JUNE 25, 2020: REPUBLIC of Mali has awarded Project Management Consultancy contract to NTPC, a central PSU under Ministry of Power, for development of 500 MW Solar Park. In an event held on 24th June, 2020, chaired by Mr R. K. Singh, the Minister of State for Power, NRE, Skill Development and President of International Solar Alliance (ISA), and Mr Sekou Kasse, the Ambassador of Mali, handed over the Project Management Consultancy award letter to Mr. Gurdeep Singh, CMD NTPC, for development of 500 MW Solar park in the Republic of Mali.
ISA is an international, inter-Governmental organization, based in India. ISA's vision is for a large-scale solar revolution, hinges on creating a facilitative international ecosystem that enables access to science and economic resources, reduces the cost of technology and capital, facilitates price reduction, and enables development of storage technology and innovation. With its scale and authoritative understanding of the energy transition opportunities of diverse economies, ISA is the world's foremost energy transition catalyst for bringing a change from energy poverty to energy empowerment.
The Republic of Mali has been taking various initiatives towards energy security of the country, especially to increase access to electricity for its citizens, with a focus on solar power and applications. Development of Solar Projects in Mali will make a considerable impact in socio-economic growth of Mali.
NTPC, a Government of India Enterprise and a leading global power company with 62,110 MW installed capacity has vast experience in setting up of Solar Projects and handling various solar programs like the National Solar Mission in India. In 2019, ISA endorsed NTPC as a Project Management Consultant through a competitive process for the member countries to avail the services of NTPC. Earlier the Republic of Togo engaged NTPC for similar PMC support for development of 285 MW Solar Park in Togo. NTPC plans to anchor 10,000 MW of solar parks in ISA member countries in next two years. Solar parks are being showcased as a best practice from India which had started solar parks as a novel concept and has commissioned a number of projects, thus bringing down cost of solar energy substantially, bringing in investment, creating employment and benefitting the environment in the process.
