NTPC To Add 16.5 GW of Renewables Between 2022-2027: RK Singh
Solar projects account for 1,025 MW of the renewable energy capacity added as of January 29, 2021
February 9, 2021
NTPC Limited has installed 1,083 MW of solar, wind, and small hydropower projects and plans to add 16.5 GW of renewables between 2022-27, Union Power Minister R.K. Singh said in response to questions raised in the Rajya Sabha.
The state-owned power generator’s renewable energy projects have generated 1,211 million units (MU) of power until January 29, 2021, in the financial year (FY) 2021. These projects generated 1,203 MU in FY 2020. The details are furnished below:
NTPC’s solar projects alone accounted for 1,025 MW of this capacity, generating 1,127.5 MU until January 29, 2021, in FY 2021. In FY 2020, these projects generated 1,100.5 MU of electricity.
NTPC also operates a 50 MW wind project in Rojmal, Gujarat, and an 8 MW small hydropower project in Singrauli, Madhya Pradesh.
Singh was replying to questions about the green energy generation projects undertaken by the NTPC. Members asked for details about NTPC’s anticipated green energy generation for the next fiscal year and renewable projects for the next five years.
The Minister said that NTPC hopes to generate about 2,500 MU of power by the end of the next fiscal year. Singh laid out NTPC’s plans for about 16.5 GW of installations over the next five years regarding the tentative renewable energy capacity additions. The details are furnished below:
According to Mercom’s India Solar Tender Tracker, NTPC has so far floated tenders for 12.4 GW of utility-scale solar projects. The thermal-based power generator has about 2.3 GW of projects under development, according to Mercom’s India Solar Project Tracker.
The latest tenders by NTPC include the 190 MW solar tender at Nokh Solar Park in Rajasthan and the bid to develop 300 MW of interstate transmission system (ISTS)-connected wind energy projects anywhere in India. NTPC has tendered 2.6 GW of ISTS-connected wind projects as of December 2020.
In 2020, NTPC set up a subsidiary company – NTPC Renewable Energy Business, for renewable energy projects.
Nithin Thomas is a staff reporter at Mercom India. Previously with Reuters News, he has covered oil, metals and agricultural commodity markets across global markets. He has also covered refinery and pipeline explosions, oil and gas leaks, Atlantic region hurricane developments, and other natural disasters. Nithin holds a Masters Degree in Applied Economics from Christ University, Bangalore and a Bachelor’s Degree in Commerce from Loyola College, Chennai. More articles from Nithin.