NTPC invites bids for 26% stake in industrial co-generation projects

NTPC Limited, India's largest integrated power utility, has invited Expressions of Interest (EOI) from Commercial and Industrial (C&I) entities interested in taking 26 per cent equity in co-generation projects.

The initiative aims to explore opportunities to develop co-generation facilities to meet industrial requirements for steam and electricity, along with integrated power supply solutions based on coal, renewable energy and Battery Energy Storage Systems (BESS), the power PSU said in a statement.

With industries increasingly focusing on energy security, cost optimisation and sustainability, co-generation offers an opportunity to enhance overall energy efficiency by producing steam and electricity through an integrated system.

The proposed initiative seeks to address the diverse requirements of industries with reliable, economical and sustainable energy solutions through long-term power supply arrangements.

It reflects NTPC's commitment to expanding its energy solutions ...