NTPC Limited (NTPC), India’s state-owned power company, has installed the nation’s first Air-Cooled Condenser (ACC) at its North Karanpura supercritical thermal plant in Jharkhand, which would aid in water conservation.
- On March 1, 2023, NTPC started commercial operation of the first unit of 660 MW in North Karanpura (3 X 660 MW), in Jharkhand.
- With this, the standalone and group commercial capacity of NTPC will become 58979 MW and 71594 MW respectively.
NTPC Limited (NTPC) is formerly known as National Thermal Power Corporation Limited.
Significance
i.The North Karanpura plant will have a total capacity of 1,980 MW, or 3 units of 660 MW each.
ii.This plant will provide Jharkhand, Bihar, West Bengal, and Odisha with economic power as it is built on one of the most effective supercritical technologies and is located 10 kilometres from a coal source.
iii.This project will use an Air-Cooled Condenser (ACC), which has nearly one-third the water footprint of a conventional water-cooled condenser (WCC).
iv.This would meet the demands of around 1.5 million people in the region while saving about 30.5 million cubic meters (mcm) of water annually.
Key Points:
i.Being a signatory to the United Nations (UN) Global Compact’s CEO Water Mandate, NTPC will further incorporate the 3Rs (Reduce, Reuse, Recycle) for water conservation and management while engaging in its primary economic activity of electricity generation.
ii.The NTPC is dedicated to addressing water sustainability challenges through the establishment of a water policy, which will serve as a mandate for building water management strategies, systems, processes, practices, and research activities.
iii.NTPC presently serves 24% of India’s energy needs through coal, gas, hydro, solar, and wind power plants.
NTPC Limited Transfers Renewable Energy Assets to NTPC Green Energy Limited
NTPC Limited (NTPC) has completed consolidating its Renewable Energy (RE) portfolio under a single umbrella entity, NTPC Green Energy Limited (NGEL).
- It involves the transfer of NTPC’s RE assets/ entities to NGEL, a fully-owned subsidiary of NTPC that was established on April 7, 2022.
This consolidation has been facilitated by the National Monetization Pipeline of the Government of India, which was created to monetize and unlock the value of India’s assets.
Key Points:
i.The transactions included the transfer of 15 RE assets via a Business Transfer Agreement (BTA) and the transfer of 100% equity shareholding in NTPC Renewable Energy Ltd (NREL), a wholly-owned subsidiary of NTPC, via a share purchase agreement (SPA), both of which were executed on July 8, 2022.
ii.The consolidation is part of the group’s corporate business strategy for achieving the target of 60 GW (gigawatts) of RE capacity by FY32.
Recent Related News:
i.In January 2023, NTPC Ltd. (formerly known as National Thermal Power Corporation Limited), India’s state-owned and largest energy conglomerate, launched India’s first green hydrogen-blending operation in the piped natural gas (PNG) network of its Kawas township in Surat, Gujarat.
ii.The project is a collaborative effort between NTPC Ltd and Gujarat Gas Limited (GGL) to decarbonize the cooking sector.
About the NTPC Ltd (formerly National Thermal Power Corporation Limited):
Chairman & Managing Director (CMD) – Gurdeep Singh
Established – 1975
Headquarters – New Delhi, Delhi
