PSUs partner with Rajasthan for energy projects

13 Mar 2024 CW Team

NTPC, along with its subsidiary NTPC Green Energy, Coal India, and NLC India, entered into separate memoranda of understanding with Rajasthan Rajya Vidyut Utpadan Nigam for the establishment of thermal and renewable energy projects.

The MoU between NTPC and RVUNL was signed with the intention of exploring opportunities to incorporate supercritical units into the existing Chhabra thermal power plant. The companies expressed their goal to implement measures that would enhance efficiency and decrease the generation cost of the plant's existing units.

The MoU between NTPC Green Energy and RVUNL involves the development of renewable energy projects and green hydrogen derivatives, amounting to 25 GW and 1 million tonnes, respectively, in the state. NTPC aims to expand its non-fossil-based capacity to 45-50% of the company?s portfolio, which will encompass 60 GW of renewable energy capacity by 2032, contributing to a total portfolio of 130 GW.

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