National Biz News

All Business Stories for You!

Business

Hon’ble Prime Minister Shri Narendra Modi to dedicate 300 MW Nokhra Solar Project

Mumbai, 16th February, 2024: Hon’ble Prime Minister Shri Narendra Modi will dedicate the 300 MW Nokhra Solar Project of NTPC Green Energy Limited to the nation through video-conferencing on 16th February, 2024.

solar project

Spread over 1550 acres in Bikaner district of Rajasthan, the project is being executed under the CPSU Scheme (Phase-II) with an investment of Rs 1803 crore to ensure green power to the state of Telangana.

With a generation of 730 million Units per year, this project will not only light up over 1.3 lakh households, it will also help restrict 6 lakh tonnes of carbon dioxide (CO2) emission every year. Going forward, the project is expected to restrict CO2 emissions to the tune of 15 million tonnes in 25 years.

Over 13 lakh solar PV modules have been installed in this project under the flagship Make-in-India programme, thereby strengthening Govt of India’s resolve of Atmanirbhar Bharat.

As NTPC is actively pursuing a “just transition” by incorporating more and more clean energy into its portfolio, this project will play a key role in reducing carbon emissions, thus contributing to a more cleaner and sustainable energy future.

NGEL is a wholly-owned subsidiary of NTPC and aims to be the flag bearer of NTPC’s Renewable Energy journey with an operational capacity of over 3.4 GW and 26 GW in the pipeline including 7 GW under implementation.

NTPC Limited is India’s largest integrated power utility having 74 GW installed capacity that contributes 25% of total electricity produced in India. By 2032, NTPC is looking to expand its non-fossil-based capacity to 45-50% of the company’s portfolio which will include 60 GW RE capacity with a total portfolio of 130 GW. NTPC has partnered with Niti Aayog to strengthen India’s Net Zero efforts.

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *