Business
NTPC Ranked As World's Top Independent Power Producer And Energy Trader By S&P Platts
A NTPC plant (Representative Image)
State-run NTPC Limited, which is India's largest power generating company, has been ranked top independent power producers and energy traders globally in the S&P Global Commodity Insights Top 250 Global Energy Company Rankings-2022, the company said on Thursday (23 February).
These rankings are based on four key metrics- asset worth, revenues, profits and return on investment.
With a share of 17 per cent of the installed capacity, NTPC currently contributes 24 per cent of the total electricity produced in India.
The company in a statement said that its goal has always been to deliver power that is economical, efficient, and ecologically sustainable.
To meet this objective, it offers a diversified energy mix comprising gas, wind, solar, hydro, floating solar and coal, it added.
By 2032, NTPC is targeting non-fossil fuel-based capacity to make up nearly 50 per cent of the company’s portfolio, which includes renewable energy capacity of 60 GW and total portfolio of 130GW, it said.
In terms of scale, efficiency, and energy generation from cleaner and greener sources, the company leads the India’s energy transition, the statement said.
NTPC has also teamed with NITI Aayog for India's Net Energy Zero effort, it added.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
