Indian electric utility NTPC Limited recently held its 17th Annual Analysts and Investors Meet, wherein the company discussed its upcoming strategies and achievements so far aimed to pursuing a sustainable future. The firm has already declared a massive shift from its erstwhile mainstay, thermal power, to renewable energy, where it has a stated target of 60 GW of RE capacity by 2032, a number it revised only months ago.
The power producer aims to “accelerate efforts in leading the energy transition to a decentralised, decarbonised and digitalised energy future on TBL (Triple Bottom Line) framework and setting new benchmarks in sustainability along the entire energy value chain.”
NTPC recounted the following achievements of its sustainability strategy “Brighter Plan” to its investors:
The energy conglomerate also laid down the following “Firm Action Plan” to comply with the new environment norms:
SOx Action Plan
De NOx Action Plan
The company further elaborated on its “Blue Sky Initiatives,” which include:
Farm to Fuel: Air quality improvement due to avoidance of farm fires; projected reduction in carbon footprint by saving about 6.4 MMTPA of CO2.
Bio-Mass Co-firing: 9 plants have begun biomass co-firing; around 42,000 tonnes of agro residue based bio-fuel co-fired till now.
Circular Economy: Establishing integrated facility in Delhi where bio-waste will be used to produce bio-CNG, C&D waste to construction material and combustible fraction will be used for energy recovery.
Waste to Energy: Developing WtE plants supporting in improving people’s health & welfare; being developed in association with municipal corporations.
Dr. Ravindra Utgikar, Vice President, Corporate Strategy, Praj Industries Ltd. has joined in the Advisory…
Topsoe, a specialist in energy transition technology, has successfully secured its inaugural sustainable aviation fuel…
Oman has chosen two major projects to develop green hydrogen production plants in the Dhofar…
India’s first Net-Zero company BOOTES and logistic firm CargoPeople have come together in a joint…
The Grain Ethanol Manufacturers’ Association (GEMA) has launched the "Makka Ugao" awareness campaign throughout the…
Renewable Energy companies TotalEnergies and Vanguard Renewables (owned by BlackRock) have collaborated to create an…