National Thermal Power Corporation (NTPC) should strive for inclusive growth by giving top priority to society. Along with this growth, it should utilise a strategic mix of options to ensure fuel security for its fleet of power stations, said KC Venugopal, Union minister of state for power.
The minister, who visited the NTPC office here on Wednesday, was briefed on the activities of the company by its chairman and managing director Arup Roy Choudhury and functional directors.
NTPC plans to become a 75-GW company by 2017 and envisages to have an installed capacity of 128 GW by 2032 with a well diversified fuel mix comprising 56 per cent coal, 16 per cent gas, 11 per cent nuclear energy, 9 per cent renewable energy and 8 per cent hydro power-based capacity.
Construction work on 39 units totaling 15,740 Mw at 15 project locations is in progress. NTPC is also pursuing other new projects beyond the 12th Plan and the same are under various stages of planning, clearances and approvals, they said.
The company has prepared its corporate plan 2010-32, which lays the broad road map for its growth for the period. By the year 2032, 28 per cent of NTPC’s installed generating capacity will be based on carbon-free energy sources. The coal-based capacity will increasingly be based on high-efficient-low-emission technologies such as super-critical and ultra-super-critical.