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NTPC turns a power trader, gets renewable energy lift

NTPC, India's largest energy conglomerate with an installed generation capacity of 55,126 mw, has received licence from the Central Electricity Regulatory Commission for inter-state trading in electricity in the whole of India. However, NTPC won't be able to trade electricity generated by it, but will have to purchase and sell power involving other entities.The licence will help NTPC to implement renewable energy projects, especially solar and wind energy, across the country. It will also enable the execution of Ministry of New and Renewable Energy's (MNRE) plan for aggressive bidding for 20,000 mw for installation of solar power projects.NTPC has been identified as the nodal agency. As part of MNRE's plan, NTPC has ed the wind and solar po.....

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