The Ministry of New and Renewable Energy has given an approval to NTPC Renewable Energy Limited, a 100 per cent subsidiary of NTPC, to set up a mega solar park in the Rann of Kutch in Gujarat. Expected to the largest solar park built in India till date, the project will have a total capacity of 4,750 MW. The solar park will be developed under Mode 8 (Ultra Mega Renewable Energy Power Park) of the government’s solar park scheme. Moreover, NTPC Renewable Energy Limited will also generate green hydrogen on a commercial scale using renewable energy produced from this park.
State-owned energy giant NTPC Limited has a total installed power capacity of 66 GW across 70 power projects with an additional 18 GW under construction. Over the past few years, the company has been focusing on expanding its green energy portfolio. In June 2021, NTPC Limited announced its aims to set up 60 GW of renewable power generation capacity by the year 2032. This is in line with the power producer’s goal to reduce 10 per cent of its net energy intensity. Further, it announced that it will also form at least two international alliances to facilitate clean energy research and promote sustainability in the energy value chain by 2025.
Active in the floating solar space, NTPC Limited has recently commissioned a 10 MW floating solar project on the reservoir of Simhadri Thermal Power Plant in Andhra Pradesh with an additional 15 MW expected to be commissioned by August 2021. Moreover, the company is developing a massive 100 MW floating solar project on the reservoir of Ramagundam Thermal Power Plant in Telangana. This project is already in advanced stages of implementation.