NTPC to replace 11 GW of inefficient plants with Rs 50,000 crore investments
NTPC will spend Rs 50,000 crore to replace 11,000 MW of ageing, inefficient plants with modern energy ¬efficient power stations, minister for power, coal, renewable energy and mines Piyush Goyal said. The ambitious replacement programme is part of India’s efforts to increase energy efficiency and reduce the country’s carbon footprint, Goyal said at a function organised by the Bureau of Energy Efficiency. “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,” he said, according to an official statement. He said the power ministry was in talks with the environment ministry for clearances, which should not be a problem as it is a huge step in increasing energy efficiency and reducing carbon emissions.