Long associated with coal, NTPC seen as key to clean energy thrust

Long associated with coal, NTPC seen as key to clean energy thrust

The state-owned conglomerate NTPC Ltd — long associated with coal-fired power generation — is poised to facilitate India’s bid to achieve its ambitious national renewable energy targets. This, at a time overseas investors are seeking more opportunities in the country’s renewable projects.

“Despite its deep historical connection to coal-fired electricity generation technology, NTPC has recently moved to the forefront of India’s energy transition and stands to be the country’s key new energy enabler,” said a report by the US-based Institute for Energy Economics and Financial Analysis (IEEFA). Read more

Credits:energy.economictimes.indiatimes.com

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