{"id":167297,"date":"2024-09-12T14:28:44","date_gmt":"2024-09-12T08:58:44","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=167297"},"modified":"2024-09-12T14:28:45","modified_gmt":"2024-09-12T08:58:45","slug":"ngel-signs-mou-with-rvunl-to-develop-renewable-energy-green-hydrogen-projects","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/ngel-signs-mou-with-rvunl-to-develop-renewable-energy-green-hydrogen-projects\/","title":{"rendered":"NGEL Signs MoU With RVUNL To Develop Renewable Energy &amp; Green Hydrogen Projects"},"content":{"rendered":"\n<p>On March 10th, 2024, both NTPC and its renewable energy arm NGEL signed non-binding MoUs with&nbsp;<strong>Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL)<\/strong>&nbsp;in Jaipur. These agreements represent a significant stride towards improving the efficiency and cost-effectiveness of th<strong>e Chhabra Thermal Power Plant.<\/strong>&nbsp;The focus lies on exploring avenues for integrating supercritical units into the current infrastructure to modernize and enhance power generation.<\/p>\n\n\n\n<p>Renovation and Modernization (R&amp;M) Initiative<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>NTPC and its affiliates will undertake a<strong>\u00a015-year to 20-year annuity-based R&amp;M project<\/strong>\u00a0for older thermal units of RVUNL.<\/li>\n\n\n\n<li>The goal is to revamp existing units to meet contemporary efficiency and sustainability standards.<\/li>\n<\/ul>\n\n\n\n<p>Venturing into Renewable Energy<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>NGEL, NTPC\u2019s renewable energy arm, and RVUNL have partnered to develop Renewable Energy Projects in Rajasthan.<\/li>\n\n\n\n<li><strong>Target capacity of up to 25 GW,<\/strong>\u00a0showcasing a significant commitment to green energy generation.<\/li>\n\n\n\n<li>Development of Green Hydrogen Derivatives with a capacity of up to 1 million tons aligns with global trends towards cleaner fuel alternatives.<\/li>\n<\/ul>\n\n\n\n<p>High-profile Signing Ceremony<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The MoUs were formalized at a prestigious signing ceremony held at the Chief Minister\u2019s Office in Rajasthan.<\/li>\n\n\n\n<li>Presence of esteemed dignitaries including Chief Minister Shri Bhajan Lal Sharma and Union Ministers.<\/li>\n\n\n\n<li>Despite being virtual, the event underscored the significance of the agreements.<\/li>\n<\/ul>\n\n\n\n<p>NTPC\u2019s Vision for the Future<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>NTPC aims to significantly expand its non-fossil-based capacity to 45%-50% of its total portfolio by 2032.<\/li>\n\n\n\n<li>This includes the addition of<strong>\u00a060 GW of renewable energy capacity.<\/strong><\/li>\n\n\n\n<li>The MoUs represent a collaborative effort towards achieving India\u2019s energy goals and driving economic growth in Rajasthan.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>On March 10th, 2024, both NTPC and its renewable energy arm NGEL signed non-binding MoUs with&nbsp;Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL)&nbsp;in Jaipur. These agreements represent a significant stride towards improving the efficiency and cost-effectiveness of the Chhabra Thermal Power Plant.&nbsp;The focus lies on exploring avenues for integrating supercritical units into the current infrastructure to [&hellip;]<\/p>\n","protected":false},"author":419,"featured_media":167298,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5234],"tags":[5235,65],"offerexpiration":[],"class_list":["post-167297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-march-2024","tag-current-affairs-march-2024","tag-current-affairs-on-memorandum-of-understanding"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/167297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=167297"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/167297\/revisions"}],"predecessor-version":[{"id":167299,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/167297\/revisions\/167299"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/167298"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=167297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=167297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=167297"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=167297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}