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Green energy set for higher share in NTPC basket over next decade

Over the next decade, NTPC's energy basket will see thermal portfolio fall to 70 per cent from 90 per cent and that of renewable sources increase to 25 per cent from miniscule 1.7 per cent right now

NTPC
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NTPC had last week announced a separate subsidiary — NTPC Renewable Energy. All renewable energy and allied projects will be housed under this enterprise with the current staff strength of 75

Shreya Jai New Delhi
NTPC plans to have an end-to-end green energy and fuel portfolio, as it plans to increase its basket of renewable sources to 25 per cent over the next decade.
 
The thermal power behemoth will invest in solar and wind energy, solar-wind hybrid, storage-linked renewable, green hydrogen, and green methanol projects. This is on account of no investment in any greenfield thermal power projects beyond their planned capacities.
 
Over the next decade, NTPC’s energy basket will see thermal portfolio fall to 70 per cent from 90 per cent and that of renewable sources increase to 25 per cent from miniscule 1.7