NTPC Ltd, the largest power producer, is looking to minimise its stranded asset risk while accelerating the integration of renewable energy generation capacity. The strategy is a win-win situation for NTPC shareholders, the government, electricity consumers, distribution companies (discoms), and the environment, says a report by US-based Institute for Energy Economics & Financial Analysis (IEEFA).
NTPC has agreed to share the fuel savings with the relevant discoms, providing the Maharatna company with enhanced overall returns and consumers with progressively lower cost electricity. The power giant already has some of the lowest cost and highest utilisation coal plants in the country
