Arup Roy Choudhury, Chairman and Managing Director, National Thermal Power Corporation (NTPC) shares his views on the companyĂ´s plans for doubling its current installed capacity, its capex plan for this fiscal, the Corporate Plan-2032, and CSR activities.
Tag: MNRE
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MNRE to increase budget for RE
The Union Ministry of New and Renewable Energy (MNRE) has proposed a manifold increase in allocation for the transition phase from megawatt to gigawatt through the Green Rating for Integrated Habitat Assessment (GRIHA).
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Biomass power generation industry attracts investments of over Rs.600 croreĂ´ every yearĂ´
Biomass-based power generation is renewable, widely available, carbon-neutral technology and has the potential to provide significant employment and income generation in the rural areas.
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Going Waste
According to the Ministry of New and Renewable Energy (MNRE) Annual Report 2009-10, there is a potential for generation of over 2,600 MW of power from municipal and urban wastes and about 1,300 MW of energy from solid and liquid wastes generated by various industries in India.
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Powering India Green
Increasing energy demand, climatic change, government initiatives and abundant untapped natural resources have been the key drivers behind the countryĂ´s movement towards renewable energy.
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We are planning to formulate a Renewable Energy Act
We are planning to formulate a Renewable Energy Act as currently, all the electricity activities come under the Electricity Act, 2003. The new Act will not only help in streamlining many aspects like power generation, supply and tariff, but will also assist in attracting investments.
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Lack of priority sector lending for RE is an issue
The Indian government has successfully launched several policy instruments, which have enhanced the viability and bankability of RE projects.
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Solar power enhancement plan
A massive plan to scale up of solar power capacity to 100,000 MW is underway, with Prime Minister Narendra Modi asking the Ministry of New and Renewable Energy (MNRE)
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NTPC to lead Consortium for Development of Offshore Wind Power
A Memorandum of Understanding (MoU) has been entered into among the Ministry of New and Renewable Energy (MNRE), National Institute of Wind Energy (NIWE) and consortium of partners consisting of NTPC Ltd (as lead partner), Power Grid, PFC (Power Finance Corporation) Ltd.
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NTPC to lead Consortium for Development of Offshore Wind Power
A Memorandum of Understanding (MoU) has been entered into among the Ministry of New and Renewable Energy (MNRE), National Institute of Wind Energy (NIWE) and consortium of partners consisting of NTPC Ltd (as lead partner), Power Grid, PFC (Power Finance Corporation) Ltd.