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The installed capacity of NTPC Group increases to 73,874 MW

6 Nov 2023 , 11:21 AM

The 50 MW wind energy plant installed by NTPC Renewable Energy began operating commercially on Saturday. This has brought the group’s installed capacity to 73,874 MW, according to state-owned power giant NTPC. 

‘NTPC Renewable Energy Ltd, a wholly-owned subsidiary of NTPC, has on Nov 4 declared commercial operation of its first project of 50 MW Wind at Dayapar Project in Gujarat, taking the group installed capacity to 73,874 MW,’ stated a statement from the firm.

With this, the NTPC Group’s overall operational capacity for Renewable Energy (RE) is 3,364 MW, the statement stated.

Additionally, under the new IEGC code and GNA Regime, this is the first capacity in India to be designated commercial.

On October 7, 2020, NTPC formed the NTPC REL as a totally owned subsidiary in order to expedite the addition of RE capacity by NTPC.

Apart from Dayapar Wind, which is NTPC REL’s first project, the company said that it is working on 15 other renewable energy projects totaling 6,210 MW at various stages of development.

Additionally, when Dayapar Wind Complex is completely operational, it will increase NTPC’s current wind portfolio of 100 MW by 450 MW.

Apart from investing in solar and wind power, NTPC REL is also pursuing green hydrogen technology. Large-scale infrastructure is being established in Ladakh utilizing the principles of microgrids and green hydrogen storage.

Another NTPC fully owned subsidiary, NGEL, has put in place a 2,711 MW RE capacity and is now developing two solar projects: a 40 MW solar project in Ayodhya, Uttar Pradesh, and a hydrogen hub in Pudimadaka, Andhra Pradesh.

NTPC plans to achieve sustainability and long-term growth by targeting 60 GW of RE capacity by 2032, with 20 GW+ of RE capacity already in pipeline.

For feedback and suggestions, write to us at editorial@iifl.com

NTPC Renewable Energy – Official Website of NTPC Renewable Energy

Related Tags

  • NTPC
  • NTPC Renewable Energy
  • Renewable Energy
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