India state-run Electricity giant NTPC Ltd. plans To expand its coal-fired business power Fast with a first new project in six years, a policy Shift that reflects the alert over worsening of the nation power crisis.
NTPC will be based in New Delhi this month award The contract for the construction of a plant with a capacity of 1320 megawatts in Odisha, according to one company official with Knowledge of The plans.
The company will also Consider awarding contracts for Two previously halted expansion projects at Lara and Sungroli sites in Central India official He said, asking not to be identified as a plans still private.
NTPC did not immediately respond to an emailed request for comment Tuesday, which is a public holiday in India.
Several states across India suffer from prolonged power outages like burns heat Waves boost energy demand At a time when coal stocks are dwindling and countries are competing globally with Tight fuel markets. Power cuts last up to eight years hours day in Some areas.
NTPC previously slowed plans To move forward with Lara and Singrauli projects as electricity demand I stumbled during the pandemic. The product has also Focused on Proposals to increase the capacity of renewable energy, instead of coal.
though close-term In addition to its coal fleet, the company will adhere to the goal of rapid expansion in the clean sector power Ability official She said. NTPC aims to cut a file share of Fossil fuels in Mix capacity to about half by 2032 from 83% currently.
NTPC’s plans for Odisha plant show how India still dependent on coal for about 70% of can generate electricity use Fossil fuels more efficiently, according to R. Srikanth, A professor of Energy and Climate at the National Institute of Advanced Studies in Bengaluru.
“One way To do this is phase out It’s all old power Plants and their replacement with Modern factories that use less coal to produce the same amount of Srikanth said. “we need To stop the denigration of coal.”
NTPC’s new It will replace a smaller factory on the same site which has been put into operation in phases out last year distance more of five decades.
the product also taking steps To tackle the coal shortage that drove India into an energy crisis. Imports will be increased to 20 million tons during the fiscal year year Until March, while NTPC aims to increase annual production at its mines by about 86% to 26 million tons.