NTPC, NRL Partner To Setup Green Energy Projects In North East

NTPC, Numaligarh Refinery Partner To Setup Green Projects At Bongaigaon

National Thermal Power Corporation (NTPC) limited has signed a memorandum of understanding (MoU) with Numaligarh Refinery Limited (NRL), a subsidiary of Oil India Ltd. NRL is engaged in the business of Refining and Marketing of petroleum products. The MoU covers partnership opportunities in the proposed bamboo-based bio-refinery at NTPC Bongaigaon and other green energy projects.

NTPC said, “The two Central Public Sector Enterprises (CPSEs), through this MoU, intend to enhance their footprint in green chemicals and foray into sustainable solutions to advance the efforts towards achieving the nation’s net-zero targets and be partner in development of north-east region.”

It added, “NTPC is committed to achieve 60 GW of renewable energy capacity by 2032 and be a major player in Green hydrogen and energy storage domain. The company is taking up several initiatives towards decarbonization such as green hydrogen, biofuels, carbon capture and hydrogen mobility.”

Earlier this year, NTPC Green Energy Limited (NGEL) issued a global tender seeking bids from manufacturing companies. The renewable arm of NTPC said that applicants dealing with the manufacturing of products used in the generation and storage of Green Hydrogen and its derivatives could apply.

NTPC Green wants to rope in such firms to set up a manufacturing hub at a proposed industrial park at Pudimadaka in Andhra Pradesh. The Indian public utility said it owns a premium land parcel of 1200 acres at Pudimadaka in Andhra Pradesh, which plans to develop as an industry hub/green energy manufacturing hub.

NGEL has planned to develop the land into a mega hydrogen hub with two major components-i) a part of the land to be used for setting up Green Hydrogen plant, Green Ammonia plant and its other derivatives. ii) Another part of land identified to be developed as a manufacturing hub for Green hydrogen and its derivatives-related equipment and technologies (including its storage).