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NTPC and ONGC partner to drive renewable energy expansion in India

India, News

NTPC and ONGC are establishing a joint venture to expand into the renewable energy sector through their subsidiaries, NTPC Green Energy and ONGC Green Energy.  A 50:50 joint venture company (JVC) application has been submitted to the Ministry of Corporate Affairs, advancing both companies’ commitment to renewable energy. This JVC will focus on various renewable segments, including solar, wind, energy storage, and green credits, and plans to acquire renewable energy assets.  It is also eyeing…

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NTPC’s NETRA develops indigenous catalyst for CO2 to methanol conversion

India, News

NTPC‘s R&D division, NETRA, in collaboration with the Indian Institute of Petroleum (IIP) Dehradun, has developed an indigenous catalyst for converting CO2 into methanol.  This catalyst, crucial for chemical synthesis, facilitates CO2 hydrogenation and is currently being tested in a 10 kg/day methanol pilot plant. In this process, 1 mole of CO2 and 3 moles of H2 are passed through a fixed-bed downflow reactor, producing methanol with over 99% purity. This initiative represents NTPC’s commitment…

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NTPC REL invites bids for 300 MW ISTS-connected solar project in Rajasthan

India, News

NTPC Renewable Energy Limited (NTPC REL) has issued a bid invitation for the engineering, procurement, and construction (EPC) of a 300 MW ground-mounted solar power project linked to the interstate transmission system (ISTS) near NTPC Anta in Rajasthan. The bid submission deadline is December 12, 2024, with NTPC REL funding the project through its own resources or borrowings. The project scope includes land acquisition, comprehensive design and EPC services, manufacturing, supply, transportation, and installation of…

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NTPC begins commercial operations of 32.9 MW solar plant in Bikaner

India, News

NTPC has announced the commercial operations of a 32.9 MW solar plant in Bikaner, Rajasthan.  This is the third phase of the 300 MW Shambu ki Burj-2 (Kolayat) Solar PV Project, with operations commencing on October 31, 2024. With this addition, NTPC Group’s total installed and commercial capacity has reached 76,475.68 MW. The first phase of 150 MW and the second phase of 98.78 MW were already operational as of September. The Shambu ki Burj-2…

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NTPC Green receives SEBI approval for Rs 100 billion IPO

India, News

NTPC Green Energy, a subsidiary of NTPC Ltd, has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its Rs 100 billion initial public offering (IPO).  As India’s largest public sector renewable energy enterprise (excluding hydro) by capacity and power generation in FY 2024, NTPC Green Energy initially filed its IPO documents with SEBI on September 18, 2024. As of June 30, 2024, NTPC Green Energy managed 37 solar…

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MAHAGENCO-NTPC consortium top bidder for Sinnar Thermal Power plant

India, News

A consortium of Maharashtra’s state-owned MAHAGENCO and NTPC has emerged as the top bidder to acquire the 1,350 MW Sinnar Thermal Power plant near Nashik, with a bid of Rs 38 billion, surpassing Adani Power in the initial bidding round.  The consortium could potentially leverage its existing 2,190 MW Koradi power plant near Nagpur to supply coal and operate the Sinnar facility. The plant, originally developed by Indiabulls Power and currently a subsidiary of RattanIndia…

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Insolation Green Energy secures solar PV module order for NTPC Khavada

India, News

Insolation Green Energy Private Limited has received a purchase order to supply solar photovoltaic (PV) modules for NTPC’s Khavada site in Gujarat.  The order, valued at Rs 2.08 billion, includes 150 MW of 550 Wp solar PV modules, with execution planned for the fiscal year 2024-25.

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NTPC Q2 FY 2025 net profit rises 14% to Rs 53.8 billion, revenue slightly declines

India, News

State-run power generator NTPC Ltd reported a consolidated net profit of Rs 53.8 billion for the second quarter of 2024-25 (Q2 FY 2025), a 14% increase from Rs 47.26 billion in the same period last year. Revenue from operations in the September quarter stood at Rs 446.96 billion, a slight decline from Rs 449.83 billion reported in the corresponding quarter of the previous fiscal year. As India’s largest integrated power utility, NTPC contributes 25% of…

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Sembcorp, Adani, Green Prairie, Adyant Enersol and ReNew win NTPC’s 1.2 GW Wind-Solar Auction

India, News

Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Enersol (DATTA INFRA), and ReNew Solar have been selected as winners in NTPC’s auction to develop inter-state transmission system (ISTS) connected wind-solar hybrid power projects with a total capacity of 1.2 GW. Green Prairie Energy and Adyant Enersol secured 200 MW and 70 MW, respectively, at a tariff of Rs 3.28 per kWh. Sembcorp Green Infra, Adani Renewable Energy, and ReNew Solar were…

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NTPC and Indian Army to establish solar hydrogen microgrid in Ladakh

India, News

NTPC, in partnership with the Indian Army, is set to deploy a solar hydrogen-based microgrid at Chushul, Ladakh, aimed at providing stable, renewable power to off-grid Army locations. The 200 kW microgrid system will use hydrogen as an energy storage medium, replacing diesel generators currently operating at the remote site, situated at an altitude of 4,400 meters where temperatures can plummet to -30°C in winter. NTPC will operate and maintain the microgrid for 25 years,…