India's NTPC wins PMC job for 500-MW solar project in Mali

Indian power producer NTPC Ltd (BOM:532555) has won a project management consultancy (PMC) contract for the development of a 500-MW solar park in the Republic of Mali.

The award was made at an event held on June 24, NTPC said in a statement, without giving more details about the project.

The Indian enterprise earlier this year won a similar contract involving a 285-MW solar project in Togo. The company said on Wednesday that it intends to anchor 10,000 MW of solar parks in International Solar Alliance (ISA) member countries over the next two years.

At present, NTPC has 62,110 MW of installed capacity and has an objective to become a 130 GW company by 2032.

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