NTPC to cut coal dependency to 65 pc by 2032
Bhubaneswar: Maharatna PSU National Thermal Power Corporation (NTPC) hopes to reduce its dependency on coal from 85 per cent at present to 65 per cent by 2032. The company will meet the target by focusing on the use of renewable energy, a top official said during his recent visit to the city.
“We hope to reduce dependency on coal by enhancing usage of renewable energy. There is a huge potential for the hydroelectricity and we are focusing on generation of hydropower to reduce the usage of coal,” RK Srivastava RED (East II), NTPC, said. He also said the company was optimistic about building capacity to 130GW capacity by 2032.
The company, which has total installed capacity of 51,671 MW through its 20 coal based plants, seven gas or fuel based plants, one hydro project, 21 joint venture companies and 12 renewable energy plants is hopeful to generate 20,976MW of additional power over the next seven years.
The installed renewable energy capacity of the company is 870MW for solar energy and 50MW for wind energy. The company has a solar plant in the state with a capacity of 10MW at Kania.
“We hope to maintain our PLF status by the end of this fiscal as we have done for the last couple of years. Talcher Thermal is at second position after Amarkantak with capacity at 210MW, we hope to reach rank one prior to the fiscal year end,” the top official added.