NTPC Limited and Bharat Heavy Electricals Limited (BHEL) have signed a Memorandum of Understanding (MoU) for forming a Joint Venture company, to set up a 800 MW Technology Demonstration Plant (TDP) at NTPC’s existing power plant in Sipat, Chhattisgarh.
“The demonstration plant shall be based on the Advanced Ultra Super Critical (AUSC) technology which marks a significant improvement in operational parameters over contemporary supercritical technology. The plant shall be the most efficient power plant in the world, once it becomes operational, resulting in reduction of carbon-di-oxide emission by about 20 per cent as compared to the conventional sub-critical technology,” a NTPC statement said.
There will be many intangible benefits in terms of large number of spin-off technologies being developed, development of a large cadre of technologists, building confidence in home-grown technologies among others, the company said.