NTPC, the country’s leading power generator, is aiming to increase its market share from 23 per cent to 25 per cent and a significant portion of the extra capacities would come from coal as well as renewables. The company is also exploring strategies like having merchant capacities without long term power purchase agreements, according to Gurdeep Singh, chairman and managing director (CMD).
Speaking at a recent media interaction, Singh said that while coal power generation would rule at least for another two to three decades, incremental capacity addition is going to come from the renewables segment. The idea is to have 30,000 MW of renewable capacity by 2030, he said, adding that apart from solar, other options that NTPC is working on include waste to energy plants in collaboration with municipalities willing to supply waste for conversion.
