Monday, December 19, 2016

NTPC (India) to Phase Our 25 Year Old Coal Power Plants

In a bid to cut emissions, country’s largest power producer, NTPC lined up investments worth Rs 5000 crore and has decided to replace its over 25 year old power plants totalling 11 GW capacity in the next five years. Informing the gathering about a slew of measures taken by the Government to increase energy efficiency, Goyal said that the Nation has embarked on a mission to reduce India’s carbon footprint by phasing out all inefficient thermal power plants, older than 25 years, with modern energy efficient super critical ones. NTPC has already given the in-principle clearance to replace around 11,000 MW of its old, inefficient thermal power plants. The plants would be replaced in about five years, with an investment of around Rs 50,000 crore, he added.

Read the full article @ IIFL

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