NTPCREL & NFL Collaborates to achieve renewable energy targets

NTPCREL is taking up large Solar, Wind, and Hybrid Projects all over the country.

NTPCREL & NFL Collaborates to achieve renewable energy targets
NTPCREL & NFL Collaborates to achieve renewable energy targets

New Delhi: The fully owned subsidiary of the NTPC Limited NTPCREL and National Fertilizers Limited to collaborate in Renewable Energy and synthesizing Green Ammonia to support the country’s commitment to achieving renewable energy targets and reducing greenhouse emissions.

According to a new report by research company BloombergNEF, Currently, India needs $223 billion of investment to meet its goal of wind and solar capacity installations by 2030. The government of India has set a target to increase no-fossil capacity and to achieve the target there should be a massive scale-up of funding.

NTPCREL is taking up large Solar, Wind, and Hybrid Projects all over the country and developing Gigawatt scale Renewable Energy Parks and Projects in different states under the UMREPP (Ultra Mega Renewable Energy Power Park) scheme of the Government of India. In addition to this Green Hydrogen-based Mobility and ESG projects are also being pursued.

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