NTPC Ranked As World's Top Independent Power Producer And Energy Trader By S&P Platts
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.
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