In a significant move towards the promotion of clean energy and environmental sustainability, NTPC, India’s largest integrated power utility, has signed a Memorandum of Agreement (MoA) with Engineers India (EIL).
The MoA opens the door to collaborative projects in several crucial areas, including Carbon Capture Utilization & Storage (CCUS), Green Fuel, Green Chemicals, Green Hydrogen, Green Ammonia, Green Fertilizers, Bio-Fuels, Decarbonization, Waste Handling, Water Management, and Ash utilization.
The MoA was officially inked in a ceremony by UK Bhattacharya, Director (Projects) of NTPC, and Atul Gupta, Director (Commercial) of EIL. The event was graced by the presence of Jaikumar Srinivasan, Director (Finance) of NTPC, Rajiv Agarwal, Director (Technical) of EIL, and other senior officials from both organizations.
NTPC plays a vital role in India’s energy landscape, meeting a remarkable 25 percent of the country’s power demand. With an installed capacity exceeding 73 GW across a diverse range of thermal, hydro, solar, and wind power plants, NTPC is unwavering in its commitment to providing reliable, affordable, and sustainable electricity to the nation. The organization has long embraced innovation and best practices while actively pursuing the adoption of clean energy technologies for a greener future.
Notably, the NTPC Group has an ambitious plan to achieve 60 GW of renewable energy capacity by the year 2032, reinforcing its dedication to the transition to clean and sustainable energy sources. As part of this commitment, NTPC is embarking on various initiatives such as hydrogen blending, carbon capture, and the introduction of fuel cell buses, among other eco-friendly endeavors.
The collaboration with Engineers India is expected to facilitate research and development in these key areas, contributing to India’s ongoing clean energy revolution. It is a pivotal step towards a greener and more sustainable future, aligning with the nation’s goals for environmental protection and energy security.