Page 2 - Ntpc Renewable Energy

NTPC Green Energy likely to get strategic investor by March next year

State-owned power giant NTPC is likely to get a strategic investor for its arm NTPC Green Energy Ltd by March 2023, which will help raise up to Rs 3,000 crore for implementing renewables projects in the country. "NTPC is in the process of roping in a strategic investor for its subsidiary NTPC Green Energy Ltd. The company wants to raise Rs 2,000 crore to Rs 3,000 crore through this transaction, which is likely to be completed during this fiscal year or by March 2023," a source said. The source told that some pension funds, equity investors and big firms had evinced their interest to invest in NTPC Green Energy Ltd. Thus the process of bringing a strategic investor for the subsidiary is expected during this fiscal year only. In view of NTPC's plan to have 60 GW capacity through RE (Renewable Energy) sources, constituting nearly 45 per cent of its overall power generation capacity by 2032, the company would require over Rs 2.5 lakh crore to achieve this ambitious target in next one ..

Hitachi Energy to supply transformers for NTPC renewable energy park

The NTPC REL facility in Kutch produce electricity to support 8 million people

NTPC to supply power generated from renewable sources to armed forces

State-run power giant NTPC has inked a pact to supply electricity generated from renewable sources to Military Engineering Services. This is the first ever agreement by the Indian armed forces for getting power supply from renewable energy sources, NTPC said in a statement. This will go towards the gradual decarbonization of the armed forces. Power Purchase Agreement for RE power from the NTPC Solapur and Power Uses Agreement for RE power from upcoming NTPC Khavda, was signed to this effect at Chandigarh by A K Srivastava, General Manager (Commercial), NTPC, Sunit Kumar, AGM (Commercial), NTPC REL and Maj Gen Ashok Kumar, DGW, the statement said.

CPPIB, Petronas, Arcelormittal among 13 to bid for NTPC's green energy unit

The Canada Pension Plan Investment Board (CPPIB), Malaysian state-run Petronas and Arcelormittal SA are among the 13 bidders for a minority stake in the green energy unit of India's NTPC Ltd

NTPC to cut stake in renewable energy arm, hunt for strategic investors

Plans to list NREL next FY, hold global roadshows for strategic investors

NTPC's renewable arm signs first green term loan of Rs 500 cr with BoI

The deal is at a competitive rate with a tenure of 15 years, for its 470 Mw solar projects in Rajasthan and 200 Mw in Gujarat

NTPC REL bags letter of award for 325 MW solar projects in Madhya Pradesh

State-run power giant NTPC on Wednesday said its arm NTPC REL has received a letter of award (LoA) for 325 MW solar projects in Madhya Pradesh from Chief Minister Shivraj Singh Chauhan

State-run NTPC Renewable Energy Ltd IPO to hit markets in 2022-23

NTPC plans to list its arm NTPC Renewable Energy Ltd in 2022-23, to raise funds for achieving its ambitious target of 60 GW installed renewable energy capacity by 2032

Working strongly on EV charging framework, battery recycling, says NTPC

NTPC had earlier said it has signed pacts with cab aggregators Ola, Lithium, Shuttl, Bikxie, Bounce, Electrie and Zoom Car for creation of public charging infrastructure for electric vehicles.

NTPC plans to spend Rs 20,000 cr on 5,000-Mw ultra mega solar park in Kutch

Company has identified a few locations already, is also exploring spot sales of solar power without getting into PPAs

NTPC to back down thermal power at some of its units for more renewables

The move is in line with the Centre's proposal to introduce flexibility in generation scheduling. It provides flexibility for substituting thermal by renewable power