NTPC

IEEFA Research

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

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). […]

Solar auction in Rajasthan nets 1,070MW of capacity at record low prices for India

Mercom India: The Solar Energy Corporation of India’s (SECI) auction for 1,070 MW of solar projects in Rajasthan set a record-low lowest (L1) tariff of ₹2 (~$0.0270)/kWh (Tranche-III), according to Mercom’s sources. This tariff is about 15.3% lower than SECI’s previous record low tariff of ₹2.36 (~$0.0319)/kWh discovered in its auction for 2 GW of […]

November 27, 2020 Read More →

Coal India moving forward with plans to install 3GW of solar capacity by 2024

ETEnergyworld.com: State-owned Coal India on Monday said it plans to set up 14 rooftop and ground-mounted solar power projects of 3,000 MW capacity by 2023-24 which will entail an investment of Rs 5,650 crore. Coal India (CIL) is mandated by the coal ministry to become a net zero carbon company. Solar power initiative is a […]

November 24, 2020 Read More →
IEEFA: As owner of India’s most valuable energy company, the Adani Group should lead the country’s energy strategy
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IEEFA: As owner of India’s most valuable energy company, the Adani Group should lead the country’s energy strategy

Adani Green Energy’s market value is now 40% more than NTPC’s, but the wider group faces a growing ESG risk

11 November 2020 (IEEFA India): A new IEEFA report identifies the opportunity for the Adani Group to lead Indian energy strategy by further aligning itself with the government’s vision for energy independence and fast-growing reliance on renewables. “The soaring value of Adani Green Energy is a clear indication of where the market, and this group, are […]

NTPC executive reaffirms Indian company’s plan to transition from coal to renewables

ETEnergyworld.com State-owned NTPC is looking at green hydrogen and battery storage to drive energy transition and is moving away from coal-based projects, said its Executive Director, Mohit Bhargava. NTPC has set a 32-gigawatt (GW) renewable energy (RE) capacity target by 2032, which is 25 per cent of its total planned capacity of 130 GW. It […]

October 27, 2020 Read More →

IEEFA: NTPC is the flag-bearer for India’s electricity sector transition

The country’s largest thermal power generator is moving away from coal

The majority state-owned NTPC’s recent announcement that it will stop pursuing new greenfield coal-fired power projects is part of an ongoing strategic shift into renewable energy by India’s largest thermal power generation company. NTPC’s long-term target of about 32 gigawatts (GW) of renewables by 2032 – 24.6% of its total planned capacity of 130GW – […]

October 14, 2020 Read More →

Indian state of Kerala moving forward with 125MW floating solar project

ETEnergyworld.com: The Idukki district could soon become a power hub in the state. The Kerala State Electricity Board (KSEB) is setting up solar floating panels at the Idukki reservoir to produce 125MW of power. The 125MW panels will be placed in Anchuruli and Cheruthoni areas of the dam where direct sunlight is available, said officials. […]

October 8, 2020 Read More →

India’s NTPC takes a step away from coal, plans 32GW clean energy portfolio by 2032

Mint: State-run NTPC Ltd will not set up greenfield coal-fueled power projects as part of its pivot towards green energy, said the company’s chairman and managing director, Gurdeep Singh. NTPC, India’s largest power generation utility which runs one of the biggest coal power project fleets in the world, plans to make total capital expenditure of […]

September 25, 2020 Read More →

India’s NTPC planning to add 5GW of solar capacity in next two years

PV Tech: NTPC, India’s largest power company, is aiming to add more than 5GW of new solar capacity in the next two years as it builds its renewables presence overseas thanks to a collaboration with the International Solar Alliance (ISA). Managing director Gurdeep Singh said the majority state-owned utility is currently “surging ahead” to add […]

September 10, 2020 Read More →

India’s largest utility says additional coal imports unlikely this year due to lower demand, renewables

Argus: India’s state-controlled power utility NTPC is unlikely to seek any more imported coal during the current 2020-21 fiscal year ending 31 March. The move follows projections of weaker electricity consumption given the Covid-19 pandemic and increased government efforts to discourage coal consumers, including utilities, from buying seaborne cargoes. “In this scenario, I do not […]

August 19, 2020 Read More →