"The company is planing to reduce its carbon footprint and reduce dependence on existing fuel sources. The dependence on fossil fuel to reduce from 85 per cent to 56 per cent by FY 2032," the firm has said in a presentation made at its investors meet.
At present the company has 38,154 MW coal-based thermal power generation capacity which is about 85 per cent of its total capacity of 45,048 MW.
Meanwhile, the coal-based thermal power generation capacity of the firm will increase to 68,829 MW by 2022, which would constitute 79 per cent of its total installed electricity generation capacity.
It has planned no growth in the gas base generation capacity of 5,924 MW which constitutes 14 per cent of total capacity at present. It will be reduced to seven per cent by 2022.
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According to the document, the company has already operationalised 110 MW solar PV projects. It is setting up 250 MW solar power project, while 510 MW solar projects are under bidding stage.
It has commissioned 800 MW hydro power capacity till the end of July. At present, it has 819 MW hydroelectric power plants under construction.
It has also formed a joint venture with Nuclear Power Corporation of India in January 2011 with the objective of setting up a nuclear power project. It is planning to set-up 1,400 MW nuclear power plant.