NTPC aims to increase its installed capacity from 76 GW to 130 GW by 2032, presenting significant growth prospects for micro, small, and medium enterprises (MSMEs). The company’s procurement value is expected to rise from Rs 190.75 billion in FY24 to Rs 325 billion by 2032, with MSMEs contributing over 52 per cent of FY24 procurement. Over five years, NTPC’s MSME procurement grew six-fold, from Rs 16.67 billion in FY20 to Rs 98.51 billion in…
Husk Power Systems, Abuja Electricity Distribution Plc (AEDC), and the Duduguru community in Nasarawa State, Nigeria, have signed a partnership agreement to deliver sustainable, affordable, and reliable energy through interconnected minigrids (IMGs). The solar-powered minigrid in Duduguru, located in Obi Local Government Area, will provide 656 kW of daily energy supply to approximately 1,000 customers, 80% of whom are households and 20% micro, small, and medium-sized enterprises (MSMEs). Husk, which operates more than 40 isolated…