Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA
Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA
28 Aug 2022
Shri Narendra Modi, Honorable Prime Minister of India, dedicated two of NTPC’s green projects to the nation NTPC Ramagundam Floating Solar Project (100 MW) in Telangana and NTPC Kayamkulam Floating Solar Project (92 MW) in Kerala.Shri Modi also laid the Foundation stone for three NTPC’s renewable projects; Nokh Solar Project (735 MW), Rajasthan; Green Hydrogen Mobility Project, Ladakh; and Green Hydrogen -Natural Gas Blending Project in Kawas, Gujarat. Honourable Prime Minister of India said, numerous path breaking reforms have transformed the power sector in the last eight years. India’s Energy security and Green future will become strong with these projects. Our commitment towards green technology and green mobility will give rise to green jobs in our country. Energy sector, power sector will play a significant role in accelerating India's progress in the next 25 years, he further added. Shri R. K. Singh, Hon'ble Cabinet Minister (Power, New & Renewable Energy), Shri Krishan Pal, Hon'ble Minister of State for Power and Shri Alok Kumar, Secretary (Power) were also present during the virtual event. NTPC has been expanding its green footprints by powering renewable energy projects and aims to achieve over 60 GW Renewable Energy capacity by 2032 accounting for 50% of its overall generation capacity. The RE mix includes Solar PV, Wind, Energy Storage and Green Hydrogen including mobility. NTPC’s capacity addition program is in line with India’s commitment to UN Climate Change Conference at Glasgow at COP-26. The power major’s goal is to achieve non-fossil energy capacity of 500 GW by 2030 as part of NTPC’s UN Global compact commitment. This programme was part of Grand Finale of BijliMahotsav, ‘Ujjwal Bharat UjjwalBhavishya’- Power @2047 initiated by Ministry of Power, Government of India. It is organized across the country, it showcases the transformation in the power sector achieved in the last eight years. It aims to empower citizens by improving their awareness and participation in various power related initiatives, schemes and programmes of Government.
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