NTPC to reduce dependence on fossil fuels to 56% by 2032

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Press Trust of India New Delhi
Last Updated : Aug 03 2015 | 8:42 PM IST
State-run power producer NTPC is planning to reduce its dependence on fossil fuels to 56 per cent by 2032 from 85 per cent at present.
"The company is planing to reduce its carbon footprint and reduce dependence on existing fuel sources. The dependence on fossil fuel to reduce from 85 per cent to 56 per cent by FY 2032," the firm has said in a presentation made at its investors meet.
At present the company has 38,154 MW coal-based thermal power generation capacity which is about 85 per cent of its total capacity of 45,048 MW.
Meanwhile, the coal-based thermal power generation capacity of the firm will increase to 68,829 MW by 2022, which would constitute 79 per cent of its total installed electricity generation capacity.
In 2022, NTPC's hydro and solar power generation capacity would be 11,729, which will be 14 per cent of the total generation capacity, much higher than that of two per cent at present. The company has committed to have 10,000 MW of solar power generation capacity in next five year.
It has planned no growth in the gas base generation capacity of 5,924 MW which constitutes 14 per cent of total capacity at present. It will be reduced to seven per cent by 2022.
According to the document, the company has already operationalised 110 MW solar PV projects. It is setting up 250 MW solar power project, while 510 MW solar projects are under bidding stage.
NTPC is planning to bundle and sell 15,000 MW solar capacity under National Solar Mission.
It has commissioned 800 MW hydro power capacity till the end of July. At present, it has 819 MW hydroelectric power plants under construction.
It has also formed a joint venture with Nuclear Power Corporation of India in January 2011 with the objective of setting up a nuclear power project. It is planning to set-up 1,400 MW nuclear power plant.
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First Published: Aug 03 2015 | 8:42 PM IST

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