NTPC partners SEforALL for clean energy transition

Under the agreement, SEforALL will support the development of NTPC’s comprehensive energy transition roadmap aligning with country’s energy security, development priorities and net-zero commitments.

National Thermal Power Corporation signed an agreement with Sustainable Energy for All (SEforAll) to support its transition to clean energy. Under the agreement, SEforALL will support the development of NTPC’s comprehensive energy transition roadmap aligning with country’s energy security, development priorities, and net-zero commitments. The roadmap will include modelling of multiple scenarios reflecting NTPC’s short-, mid- and long-term strategic horizons, estimating investments needs, identifying diversification opportunities and the socio-economic benefits that come with shifting to cleaner energy systems. 

The PSU’s role in energy transition is visible on the ground through pioneering R&D and large-scale deployments of green hydrogen pilot projects, floating solar photovoltaic (FSPV) systems, battery energy storage systems (BESS), pumped storage hydropower, and carbon capture and utilisation (CCU).

Established in 1975, NTPC has powered India through its industrialisation and urban expansion. In 2021, NTPC became the first major utility to commit to a UN Energy Compact identifying ambitious targets, including installing 60 GW of renewable energy capacity by 2032. With installed capacity primarily from thermal power plants, the company has rapidly increased its share of renewable energy in solar, wind and hydro installations, becoming an instrumental driver of country’s energy security by contributing close to one fourth of the entire electricity production. 

Gurdeep Singh, Chairman and Managing Director of NTPC said, “Our aim is to foster responsible, sustainable economic development through an energy strategy that champions energy security, social inclusiveness, environmental stewardship, and growth powered by data, technology, and innovation. This agreement positions us to meet the rising demand from communities and industry while keeping us at the leading edge of the energy transition.”