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NTPC forays into wind energy sector with 50-MW project

Business Standard:  December 13, 2016

Noida: NTPC Limited, which has approximately 47 GW of capacity under operations, has forayed into wind energy generation sector by awarding a contract to Inox Wind Limited for setting up a 50 MW wind power project in Gujarat.

The move is a part of the company’s target of sourcing about 11 percent of its planned capacity of 128 GW by 2032 from renewable energy. The project is scheduled to be commissioned by Q1 FY 17-18 and will be executed on a turnkey basis.

As part of the order, Inox Wind will supply and install 25 units of its advanced 2MW DFIG 100 rotor dia wind turbine generators (WTGs) for NTPC Limited. The 100 rotor dia WTG has one of the highest swept areas that make it ideally suited to maximise returns, especially in low wind areas. Inox Wind’s 450 MW Rojmal site is one of the largest wind farms in Gujarat. The common power evacuation infrastructure facilities at the site have already been commissioned.

“It is a proud moment for Inox Wind to partner with NTPC Limited, India’s largest energy conglomerate and a Forbes Global 2000 company to provide clean, sustainable and renewable power to our nation. With this new order, we will further reinforce our dominant market position in Gujarat as the leading wind energy solutions provider. We look forward to strengthening this relationship in the future by augmenting renewable power capacity for NTPC and reducing the nation’s carbon footprint,” said Kailash Tarachandani, chief executive officer of Inox Wind Limited.  

The total installed capacity of NTPC Limited is 47,178 MW (including JVs) that includes 9 renewable energy projects. As part of its diversification strategy, the company has forayed into generating electricity via hydro, nuclear and renewable energy sources. By 2032, non-fossil fuel based generation capacity is anticipated to make up nearly 30 percent of NTPC’s portfolio. 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.