NTPC

IEEFA Research

IEEFA: Innovative financing can help India achieve its renewable energy goals

IEEFA: Innovative financing can help India achieve its renewable energy goals

Green bonds, multilateral development bank loans and infrastructure investment trusts are among potential financing sources

29 October (IEEFA India): To reach India’s renewable energy goals, companies in the sector will need to fund capacity expansion with massive amounts of capital at competitive rates. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) looks at how this can be done by augmenting traditional financing structures and sources […]

IEEFA India: Overestimated LCOEs of coal-fired power plants create a financial bubble

IEEFA India: Overestimated LCOEs of coal-fired power plants create a financial bubble

Massive stranded asset risk detrimentally affects the financial and power distribution sectors

7 July 2021 (IEEFA India): India’s future coal-fired power project pipeline carries a massive stranded asset risk due to the collapse in the average utilisation rate of its coal-fired power fleet leading to an underestimation of financial risk for new projects, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). […]

IEEFA: New coal-fired power plants in India will be economically unviable

IEEFA: New coal-fired power plants in India will be economically unviable

Coal capacity additions face major stranded asset risk

4 June 2021 (IEEFA India): Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under construction and another 29GW in the preconstruction stage will end up stranded, according to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). “Coal-fired power simply cannot compete with the ongoing cost reductions […]

IEEFA: Global capital mobilising for India’s $500bn renewable energy infrastructure opportunity

IEEFA: Global capital mobilising for India’s $500bn renewable energy infrastructure opportunity

The key domestic and international institutions driving renewable energy growth in India

16 February 2021 (IEEFA India): A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). […]

IEEFA: India’s new record-low solar power tariff demonstrates investor confidence despite the pandemic

IEEFA: India’s new record-low solar power tariff demonstrates investor confidence despite the pandemic

What drove the aggressive winning bid of Rs2/kWh ($0.027/kWh) in a recent solar PV auction?

India set a new record low tariff of Rs2/kWh ($0.027/kWh) in the recent Solar Energy Corporation of India (SECI) auction on 23 November 2020. The tariff based bidding was conducted for selection of solar power developers to set up 1,070 megawatts (MW) of grid-connected solar PV projects on a “build-own-operate” (BOO) basis in Rajasthan (Tranche-III). […]

IEEFA India: Government incentives increasing green investment by state-owned enterprises

Government embracing shift away from dominance of fossil fuels in energy portfolios

December 2019 (IEEFA India): The Indian government is leading the adoption of new energy technologies in the current global energy transition through various policy initiatives and learning by doing, a new IEEFA briefing note has found. In October 2019, the Ministry of New and Renewable Energy (MNRE) asked all state owned enterprises (SOEs) to prioritise […]

and December 11, 2019 Read More →
IEEFA India: Proposed Khurja coal power plant overpriced, uncompetitive and another threat to Delhi’s air quality

IEEFA India: Proposed Khurja coal power plant overpriced, uncompetitive and another threat to Delhi’s air quality

A high-risk proposition no longer aligned with the Government of India’s electricity sector plan

Oct. 23, 2018, NEW DELHI (IEEFA) –  A report published today by the Institute for Energy Economics and Financial Analysis (IEEFA) evaluating Tehri Hydro Development Corporation (THDC)’s proposed Khurja coal power plant in India finds the plant would push up the cost of electricity and increase air pollution at a time when the country’s renewable […]

IEEFA Report: State-Owned Utility NTPC Takes a Lead Role in India’s Electricity Transition

IEEFA Report: State-Owned Utility NTPC Takes a Lead Role in India’s Electricity Transition

Country’s Largest Generation Company—Ranked Third Globally in Coal-Fired Capacity and Seventh in Generation—Emerges as Key Supporter of Government’s Renewable-Energy Initiative

May 25, 2017 (IEEFA.org) — The state-owned Indian utility NTPC is playing a key role in India’s push toward retooling its electricity-generation system, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report—“NTPC as a Force in India’s Electricity Transition: Leading the Way Toward a New Energy Economy”—details how […]

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IEEFA: Skyrocketing EV sales in China spell a no-turning-back step change in global energy landscape

IEEFA: Skyrocketing EV sales in China spell a no-turning-back step change in global energy landscape

The avalanche of technology, policy and finance moves is now unstoppable

The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market. EV sales in China grew 154% year-on-year to 3.3 million in 2021. China now wants new energy vehicles (NEVs), including plug-in hybrids and hydrogen […]

January 19, 2022 Read More →

NTPC begins bidding process for 900-megawatt solar farm in Cuba

The Economic Times: NTPC on Tuesday invited bids to set up a 900-megawatt (MW) solar energy park in the Republic of Cuba. NTPC, a corporate partner of ISA International Solar Alliance (ISA), has been chosen as the preferred partner for implementation of the projects. According to the official press release, NTPC and the Union Electrica […]

January 19, 2022 Read More →
IEEFA India: Renewable energy sector could attract a flood of global capital to meet climate targets

IEEFA India: Renewable energy sector could attract a flood of global capital to meet climate targets

Renewable energy developers need to pursue a range of financing avenues from green bonds and multilateral development bank loans to infrastructure investment trusts

India is the world’s fourth largest energy consumer and among the fastest growing large economies. With strong economic growth and electricity demand, the country will need additional sources of energy to fuel its economy – the International Energy Agency (IEA) projects that India’s energy demand will increase by 35% from 2019 to 2030. The nation’s […]

IEEFA: Innovative financing can help India achieve its renewable energy goals
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IEEFA: Innovative financing can help India achieve its renewable energy goals

Green bonds, multilateral development bank loans and infrastructure investment trusts are among potential financing sources

29 October (IEEFA India): To reach India’s renewable energy goals, companies in the sector will need to fund capacity expansion with massive amounts of capital at competitive rates. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) looks at how this can be done by augmenting traditional financing structures and sources […]

India plans requiring green hydrogen use for refineries, fertilizer plants

Reuters: India plans to force refineries and fertiliser plants to use some green hydrogen, junior oil minister Rameswar Teli said on Monday, as Asia’s third-largest economy strives to reduce carbon emissions. Governments and energy companies around the world are betting on clean hydrogen playing a leading role in efforts to lower greenhouse gas emissions, though […]

August 10, 2021 Read More →
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IEEFA India: Exiting old coal power purchase agreements could save electricity distributors over US$7 billion per year

Allowing distributors to leave end-of-tenure PPAs will accelerate retirement of ageing coal plants

The decision by India’s central power regulator to allow BSES, Delhi’s largest electricity distribution company (discom), to exit a 25-year-old power purchase agreement (PPA) with NTPC’s Dadri-I power plant potentially opens the floodgates to the relinquishment of end-of-tenure thermal PPAs. This is a welcome move that could accelerate the closure of old, inefficient coal power […]

IEEFA: Deploying batteries at scale in the Indian power sector
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IEEFA: Deploying batteries at scale in the Indian power sector

A case for battery targets complemented with discom-controlled dispatch

India needs to deploy batteries at scale in the power sector. The country envisages uptake of 450 gigawatts (GW) of renewable energy capacity by 2030. The high penetration of intermittent renewable energy will bring up issues around managing system flexibility in terms of steeper ramps and peaking load requirements. In India, system flexibility has historically […]

NTPC wins approval for 4.75GW Gujarat solar project, India’s largest

PV Tech: India government-owned NTPC Renewable Energy has been given approval by India’s Ministry of New and Renewable Energy (MNRE) to build a 4.75GW solar project in Gujarat, India. On Monday (12 July) MNRE gave the go-ahead to the facility, which NTPC claims will be India’s largest solar plant to date. The New Delhi-based company […]

July 14, 2021 Read More →
IEEFA India: Overestimated LCOEs of coal-fired power plants create a financial bubble
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IEEFA India: Overestimated LCOEs of coal-fired power plants create a financial bubble

Massive stranded asset risk detrimentally affects the financial and power distribution sectors

7 July 2021 (IEEFA India): India’s future coal-fired power project pipeline carries a massive stranded asset risk due to the collapse in the average utilisation rate of its coal-fired power fleet leading to an underestimation of financial risk for new projects, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). […]

NTPC considers IPO for renewable energy spinoff subsidiary

The Economic Times:  State-run NTPC intends to list its arm NTPC Renewable Energy Ltd to raise funds for achieving its ambitious target of 60 GW installed renewable energy capacity by 2032, a top company official said. NTPC has become India’s first energy company to declare its energy compact goals as part of the UN High-level […]

June 30, 2021 Read More →