NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC Ltd, and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have announced a collaboration to establish renewable energy parks in Uttar Pradesh. This strategic partnership aims to support the government’s goals of transitioning to sustainable energy and promoting the growth of clean energy infrastructure throughout the state. The collaboration was solidified through a Memorandum of Understanding (MoU) signed on May 31 in Lucknow, demonstrating the mutual commitment of both organizations to renewable energy development.
Implementing Ground-Mounted and Floating Solar Projects
As part of the agreement, NGEL and UPRVUNL will work together to implement ground-mounted and floating solar projects in various locations across Uttar Pradesh. These projects will utilize suitable water bodies and land areas, including the Rihand Reservoir. By leveraging the state’s natural resources, the collaboration aims to maximize the potential of solar energy generation in the region. This approach aligns with the government’s efforts to promote clean and sustainable energy sources.
Establishing Renewable Energy Parks and Projects
In addition to the solar initiatives, NGEL and UPRVUNL plan to establish renewable energy parks and projects on available land areas. These parks will serve as dedicated spaces for the development and generation of renewable energy. By consolidating resources and expertise, the collaboration aims to create a robust and efficient renewable energy infrastructure in Uttar Pradesh. This will not only contribute to the state’s clean energy goals but also attract investments and promote job creation in the renewable energy sector.
Solarizing Ayodhya City
One notable project under this partnership is the solarization of Ayodhya city. NGEL and UPRVUNL are committed to developing a dedicated solar photovoltaic project that will enable Ayodhya to become a solar-powered city. This ambitious initiative showcases the shared dedication of both organizations to promoting sustainable and clean energy solutions. The solarization of Ayodhya will not only reduce carbon emissions but also inspire other cities to embrace renewable energy as a viable and sustainable alternative.
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Forming a Joint Venture Company
NGEL and UPRVUNL have further committed to establishing a Joint Venture Company (JVC) to fulfill renewable generation obligations and ensure flexibility in thermal/hydro power generation and scheduling. This collaboration will involve bundling renewable energy with thermal/hydro power generation and energy storage. By integrating different energy sources, the JVC aims to optimize the utilization of renewable energy and ensure a reliable and stable power supply for the state.
About NTPC:
NTPC Limited, formerly known as National Thermal Power Corporation, is an Indian central public sector enterprise that generates electricity and engages in related operations. It is owned by the Ministry of Power, Government of India. The PSU’s corporate headquarters are in New Delhi.
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