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NTPC inks SoI with NITI Aayog to develop net zero GHG emissions roadmap

New Delhi: NITI Aayog will develop the net zero GHG emissions roadmap for the NTPC.

NTPC Ltd has signed a Statement of Intent (SoI) with NITI Aayog in this regard. Paving the pathway towards greening the power sector of the country, the SoI seeks to formalize a framework of cooperation between the parties to facilitate NTPC to strategies on diversification of its generation mix to eventually reduce its carbon footprint and support India's endeavor towards achieving net zero by 2070.

As the Government of India has announced the ‘Panchamrit’ goals during CoP 26, NITI Aayog is working on the development of different scenarios or pathways for achieving Net Zero by 2070. With 17 per cent of the installed generation capacity of the country, NTPC meets around 24 per cent of the country’s power requirement.

With this collaboration, NTPC would be able to utilize the expertise of NITI Aayog’s energy team for the development of net zero GHG emissions roadmap for itself to align with the Government of India’s ‘Panchamrit’ goals, and will get the assistance in the establishment of the carbon management unit (CMU) in the NTPC to integrate all GHG reduction initiatives under one umbrella. /BI/