A Memorandum of Understanding (MoU) has been signed by NTPC on 16th February, 2013, with Chhattisgarh State Renewable Energy Development Agency (CREDA), an Agency constituted under Department of Energy, Government of Chhattisgarh, to explore the potential of geothermal resources and subsequently implement geothermal based power project at Tatapani in the State of Chhattisgarh on Build, Own and Operate (BOO) basis. Salient features of the MoU are given below:
• CREDA will grant NTPC exclusive rights to explore the geothermal resources and subsequently to implement techno-economic viable geothermal power project at Tatapani.
• NTPC shall explore the geothermal resources in Tatapani and prepare Detailed Project Report (DPR) / Feasibility Report (FR) for assessing the techno-commercial viability of the identified project.
• NTPC will explore all possibilities for maximizing the grant from National/International agencies. NTPC shall be responsible to obtain all statutory clearances/ approvals related to Foreign Direct Investment (FDI).
• Once techno-economic viability is established, NTPC shall implement the geothermal based project at Tatapani on BOO basis.
• CREDA with the help of / as per directions of the Government through State Investment Promotion Board (SIPB) will facilitate expeditious grant of permissions, approvals, no objection certificate, recommendation etc. under the purview of the State Government.
• All infrastructure support such as use of existing roads/kucha roads/paths etc. to the location of site would be provided by the State Government as per the requirement/ request of CREDA.
A geothermal project site, Tatapani, located at about 92 km northeast of Ambikapur, District Balrampur, Chhattisgarh has been identified by CREDA for feasibility
This information was given by MoS (I/C) Power Sh. Jyotiraditya M. Scindia in the Rajya Sabha today.