The company is also actively looking at East Asia, Middle East and Africa for business opportunities
With a view to push the share of Renewable Energy (RE) projects to 32 GW by 2032, at least 3,304 MW of projects are under tendering process
New Delhi: State-run NTPC Limited is currently implementing 1,500 MW solar power projects in 10 countries through the International Solar Alliance (ISA). The company is also actively looking at East Asia, Middle East and Africa for business opportunities, NTPC said on Monday. In June, NTPC had announced that it had been awarded a Project Management Consultancy (PMC) contract for the development of 500 MW solar park in the Republic of Mali.
In its investor presentation, NTPC also said that it is currently executing projects of 1,320 MW in Bangladesh.
NTPC to tender 3,304 MW RE projects
With a view to push the share of Renewable Energy (RE) projects to 32 GW by 2032, at least 3,304 MW of projects are under tendering process, said NTPC. While 2,104 MW of this capacity will be developed in EPC mode, 1,200 MW will be handed over to developers. “NTPC being the largest power producer in the country is best placed to support intermittent nature of Renewable energy sources. Our base plants will play a key role in taking care of RE integration through flexibilization,” the power PSU said.
By 2032, nearly 25 percent of NTPC’s overall energy portfolio will comprise of RE source.
NTPC also looking to build capacity in waste-to-energy plants, e-mobility
The state-run power PSU said that it is also pursuing, along with Indian Oil Corporation, a plasma gasification-based waste to energy pilot plant for 50 TPD MSW with South Delhi Municipal Corporation (SDMC). In addition, the company is also planning to set up 250 charging stations across cities and highways for creation of charging infrastructure ecosystem. At least 90 EV chargers have been installed so far.
(PSU Watch- India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)