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NTPC Ltd Reports 13 Percent Rise In PAT In H1 of FY24
India's largest energy conglomerate NTPC has revealed that the enterprise's first part (10 MW) of 20 MW Solar PV Project in Gandhar, Gujarat has achieved completion. This has made it the fourth-most successful renewable energy project commissioned in the month of August.
NTPC shared, “Consequent upon successful commissioning, the first part capacity of 10 MW of Gandhar Project (out of 20 MW) at Gandhar, Gujarat, is declared on Commercial Operation w.e.f. 00:00 Hrs. of 23.08.2022.”
According to NTPC, standalone installed and commercial capacity will increase to 55,099 MW, and group installed and commercial capacity would increase to 69,464 MW as a result.
NTPC currently has a commissioned capacity of 2,104 MW for renewable energy. These comprise 21 solar projects, 1 wind project, and 1 minor hydro project.
Gandhar Solar PV is among NTPC's 21 solar projects . The other projects, spanning the entire country, are in the states of Haryana, Madhya Pradesh, Uttar Pradesh, Telangana, Andhra Pradesh, Odisha, Rajasthan, Kerala, and the UT of Andaman & Nicobar Island along with another one at Kawas in Gujarat.
11 of the 23 projects that were commissioned are being implemented, giving NTPC an additional 1295.52 MW of renewable energy capacity.
The third section of the Kawas Solar PV Project was successfully commissioned in the same state, according to NTPC's earlier announcement. With an extra 21 MW capacity, the Kawas Solar PV Project can now produce 56 MW at full capacity.
For NTPC, August 2022 was a fruitful month as the government-owned company announced the successful commissioning of four projects between August 5 and August 22. These include Jaisalmer (48.8MW), Bikaner (253 MW), Kawas (21MW), and Gandhar (10MW), respectively, all in the state of Rajasthan.
In the last month, NTPC's overall power generation capacity increased from 69,183 MW to 69,464 MW. This amounts to an increase of 281 MW in just 17 days. To expand its energy portfolio, NTPC is investing heavily in renewable energy sources.