NTPC and USAID/India sign MoU to develop Roadmap for transforming NTPC Townships and Offices as Net Zero Establishments – EQ
In Short : NTPC Ltd and USAID/India have signed a Memorandum of Understanding (MoU) to develop a roadmap for transforming NTPC’s townships and offices into Net Zero Establishments. The collaboration aims to enhance energy efficiency, integrate renewable energy sources, and adopt sustainable practices, helping NTPC achieve its decarbonization goals and align with India’s larger climate objectives.
In Detail : NTPC has signed an MoU with USAID through its India Mission in Delhi to develop a roadmap for transforming NTPC Townships and Offices as Net Zero Establishments.
The MoU was signed by Dr Vijay Prakash, Executive Director (SSEA and Envt. Engg.), NTPC and Mr Aaron Schubert, Deputy Mission Director (A) USAID/India and Bhutan in the presence of Shri Ravindra Kumar, Director (Operations), NTPC here in Delhi.
NTPC Limited, the largest integrated power utility in India, is addressing the issues related to climate change proactively. NTPC was the first energy company across the world to declare its Energy Compact Goals as a part of the UN High Level Dialogue on Energy.
As a next step forward, NTPC has decided to make its townships and offices net zero in Scope 2 emissions by FY 2025-26.
In addition, NTPC is also making its best efforts to declare its townships and offices net zero in water and waste at the earliest.
The MoU aims at developing strategies and roadmap for achieving the net zero status for NTPC Townships and Offices; benchmarking, implementation and certification, and scaling up initiatives at national level.
Earlier in 2022, NTPC had already signed a Statement of Intent with NITI Aayog for collaboration on developing a net zero GHG emissions roadmap for NTPC Group in alignment with the Panchamrit goals of Government of India.