NTPC strides towards building 60 GW Renewable Energy capacity by 2032

NTPC Renewable Energy Ltd , a 100% subsidiary of NTPC, has received the go-ahead from Ministry of New and Renewable Energy (MNRE) to set up 4750 MW renewable energy park at Rann of Kutch in Khavada, Gujarat. This will be India’s largest solar park to be built by the largest power producer of the country.

NTPC Renewable Energy Ltd (NTPC REL), has been given the go-ahead by MNRE on 12th July 2021 under Mode 8 (Ultra Mega Renewable Energy Power Park) of Solar Park Scheme. NTPC REL has plans to generate green hydrogen on a commercial scale from this park.

As a part of its green energy portfolio augmentation, NTPC Ltd, India’s largest energy integrated company aims to build 60 GW Renewable Energy Capacity by 2032. Currently, the state owned power major has an installed capacity of 66 GW across 70 power projects with an additional 18 GW under construction.

Recently, NTPC has also commissioned India’s largest Floating Solar of 10 MW (ac) on the reservoir of Simhadri Thermal Power Plant, Andhra Pradesh. An additional 15 MW (ac) would be commissioned by August 2021.

Further, a 100 MW Floating Solar Project on the reservoir of Ramagundam Thermal Power Plant, Telangana is in the advanced stage of implementation.

Additionally, NTPC RE Ltd. has recently signed an MoU with UT, Ladakh and Ladakh Autonomous Hill Development Council (LAHDC) for the generation of green hydrogen and deployment on FCEV buses. The signing of the MoU was also marked with the inauguration of NTPC’s first solar installations in Leh in form of solar trees and a solar car port.

NTPC REL, the subsidiary was incorporated on 07.10.2020 to accelerate the RE business of NTPC.