On August 21, 2021, India’s largest Power Producer, NTPC Ltd launched India’s largest Floating Solar PV (Photovoltaic) project with the capacity of 25MW on the reservoir of its Simhadri thermal power station in Visakhapatnam, Andhra Pradesh.
- The floating solar PV project became the 1st project to be set up under the Flexibilisation Scheme, which was notified by the Government of India in 2018.
- Potential: The floating solar project has the potential to generate electricity from more than 1 lakh solar PV modules.
- The project was inaugurated by Sanjay Madan, Regional Executive Director (WR2 & SR), NTPC.
Key Points:
i.As per the statement of the Ministry of Power, the project could help to light around 7,000 households and also avoid the emission of at least 46,000 tons of CO2 every year (during the lifespan of the project).
ii.The project could save around 1,364 million litres of water per annum, which would be sufficient to meet the yearly water requirements of 6,700 households.
iii.Now, NTPC Group has 71 power stations including 29 renewable projects with a total installed capacity of 66,900 MW.
iv.It has over 17 GW of capacity under construction, including 5 GW of renewable energy projects. NTPC plans to invest Rs 1 trillion between 2019 and 2024 to become a 130GW power producer by 2032.
v.Simhadri Thermal power Station: The 2000MW coal-based power Station is the 1st power project to implement an open sea intake from the Bay of Bengal.
vi.NTPC is also planning to set up a hydrogen-based micro-grid system on a pilot basis at its Simhadri power plant.
Note – Flexibilisation Scheme: In 2018, the Ministry of Power has introduced the flexibilisation scheme to create flexibility in power generation and scheduling of Thermal Power stations.
NTPC Renewable Energy Ltd (NTPC REL), the subsidiary of NTPC also made an agreement with the Union Territory of Ladakh for a green hydrogen mobility project.
Recent Related News:
NTPC Ltd unveiled its target to install 60 GW (or 60,000 MW) of renewable energy capacity (wind and solar) by 2032, as part of its plans to reduce 10% of its net energy intensity by 2032. With this, NTPC Ltd became India’s 1st energy company to declare energy compact goals as part of UN High-level Dialogue on Energy 2021 (HLDE) 2021.
About NTPC Ltd:
Establishment – 1975
Headquarters – New Delhi
CMD – Gurdeep Singh
