|

ACME Solar and Hexa Climate Solutions win bids for NTPC’s FDRE projects

ACME Solar Holdings and Hexa Climate Solutions have secured contracts for 400 MW and 300 MW firm and dispatchable renewable energy (FDRE) projects, respectively, as part of a 760 MW bid invited by NTPC.  Industry sources report that ACME Solar won its capacity at a tariff of Rs 4.69 per unit, while Hexa Climate Solutions secured 300 MW through a reverse auction. Avaada Energy Pvt Ltd won the remaining capacity in the bid, which opened…

|

NTPC and RVUNL form joint venture for Chhabra thermal power plant

NTPC Limited has signed a joint venture agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) to jointly own and operate the Chhabra thermal power plant.  The 2,320 MW plant, currently managed by RVUNL, comprises four 250 MW units (Stage 1) and two 660 MW units (Stage 2). Under this 50:50 partnership, the joint venture aims to manage the plant’s operations and explore capacity expansion opportunities.

|

NTPC approves Rs 800 billion investment for 6,400 MW thermal projects

NTPC‘s board has approved investment proposals totalling approximately Rs 800 billion for thermal power projects with a combined capacity of 6,400 MW. The approved projects include: Telangana Super Thermal Power Project, Phase-II: 3×800 MW units at an estimated cost of Rs 293.44 billion. Gadarwara Super Thermal Power Project, Stage-II: 2×800 MW units at an estimated cost of Rs 204.45 billion. Nabinagar Super Thermal Power Project, Stage II: 3×800 MW units at an estimated cost of…

|

NTPC to establish world’s first green hydrogen plant using plasma oxy gasification

NTPC Limited, through its R&D arm NETRA, is set to build a green hydrogen production plant that will use plasma oxy gasification technology for municipal solid waste (MSW) and agri-waste.  This pioneering plant will generate high-purity hydrogen (over 99.9%) through plasma-assisted ‘oxy gasification’ of MSW-RDF/agri-waste, creating a superior synthesis gas (syn-gas). From this, hydrogen is separated using a combination of gas membrane and pressure swing adsorption techniques. This plant, which is the world’s first of…

|

NTPC and ONGC partner to drive renewable energy expansion in India

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…

|

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

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…

|

NTPC begins commercial operations of 32.9 MW solar plant in Bikaner

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…

|

MAHAGENCO-NTPC consortium top bidder for Sinnar Thermal Power plant

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…

|

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

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…

|

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

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…