-2.30 (-0.64%) NTPC through its R&D wing -- NETRA -- has entered into partnership with German institutions DLR Cologne and Institute of Solar Energy to consolidate presence in renewable energy. Under this programme, NETRA is planning to setup state of art evaluation facilities for CSP, CPV, and Solar PV and conduct various programs for knowledge sharing, capacity building with German Institution in the area of Solar Energy. The programme is funded by German Government under the aegis of Indo-German Research Cooperation.
NTPC has envisaged a broad base generation mix by evaluating conventional and alternate sources of energy to ensure long run competitiveness and mitigate fuel risks. NTPC has drafted its business plan of capacity addition of about 1,000 MW through renewable resources by 2017. NTPC has already commissioned 110 MW Solar PV Projects. Another 15 MW Solar PV and 8 MW Small Hydro Projects are in progress.
NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.