NTPC aims to build 60 GW Renewable Energy Capacity by 2032

State-run generation utility NTPC’s renewable energy arm will set up India’s largest solar park at Rann of Kutch in Gujarat.

The Ministry of New and Renewable Energy has given the company a nod on July 12 to set up a 4750 MW renewable energy park at Rann of Kutch, the ministry said in a statement.

NTPC REL has plans to generate green hydrogen on a commercial scale from this park.

As a part of its green energy portfolio augmentation, NTPC Ltd, India’s largest energy integrated company aims to build 60 GW Renewable Energy Capacity by 2032, as per the statement.

Currently, the state owned power major has an installed capacity of 66 GW across 70 power projects with an additional 18 GW under construction.

Recently, NTPC has also commissioned India’s largest Floating Solar of 10 MW (ac) on the reservoir of Simhadri Thermal Power Plant, Andhra Pradesh. An additional 15 MW (ac) would be commissioned by August.

Further, a 100 MW Floating Solar Project on the reservoir of Ramagundam Thermal Power Plant, Telangana is in the advanced stage of implementation.

Additionally, NTPC RE Ltd. has recently signed a Memorandum of Understanding with Union Territory Ladakh and Ladakh Autonomous Hill Development Council (LAHDC) for the generation of green hydrogen and deployment on FCEV buses.

The signing of the MoU was also marked with the inauguration of NTPC’s first solar installations in Leh in the form of solar trees and a solar carport.