Friday, August 29, 2014

India:

PM’s Visit to US May Boost NTPC’s Geothermal Project (Hindu Business Line)

The country’s first geothermal project by power major NTPC may get a boost with the proposed visit of Prime Minister Narendra Modi to the US.

NTPC chairman and managing director Arup Roy Choudhury said they are contemplating cooperation from the US to harness the geothermal project for which it has already signed a memorandum of understanding with the Chhattisgarh government.

“We may need to send a team to the US to identify agencies for collaboration. But this will be taken at the government level after the Prime Minister’s visit to the US. At present, the geo-thermal project is at an exploratory stage and the DPR is being prepared,” Choudhury said.

Discussions on the Indo-US cooperation for harnessing India’s geothermal potential is expected to take place with Prime Minister Narendra Modi’s visit to the US.

NTPC first signed a MOU with the Chhattisgarh Renewable Energy Development Agency to set up the project at Tattapani. It signed the second MOU in January this year with the Geological Survey of India for preparation of a detailed project report.