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The country’s largest power producer NTPC plans to set up an ultra-mega solar park in Gujarat for a phased capacity of 5000 MW at an estimated investment of Rs 20,000 crore. NTPC is also considering spot market options to sell some part of its solar power, without signing long term power purchase agreements. As part of its ultra-mega solar park plans, NTPC will also look to invite other solar power developers to invest in these solar parks. NTPC is also betting big on solar as well waste-to-energy plants. As on June 2019, NTPC’s total installed capacity was at 55,786 MW.