- 13 Oct 2022
- ICICIdirect Research
NTPC, Siemens sign MoU for demonstrating hydrogen co-firing in Faridabad gas power plantNTPC - 174 Change: 2.00 (1.16 %)
NTPC and Siemens Ltd have signed a memorandum of understanding (MoU) to demonstrate the feasibility for hydrogen co-firing blended with natural gas in Siemens V94.2 gas turbines installed at NTPC Faridabad gas power plant. The total installed capacity of Faridabad gas power plant is 432 MW with two V94.2 gas turbines operating in combined cycle mode. The MoU was signed by both the companies in the presence of Ujjwal Kanti Bhattacharya, Director (Projects), NTPC Ltd and Satya Prakash Chowdary N, General Manager, Siemens Ltd.
NTPC, with a large fleet of power generation facilities delivering more than 70 GW across India, has been at the forefront when it comes to piloting new hydrogen-related initiatives. NTPC is committed to playing a key role in India’s energy transition journey as the country marches ahead to achieve net-zero target and climate goals. In parallel, it is crucial to invest and effectively utilise the proven technology that can generate electricity, which is affordable, accessible and reliable. This MoU is among the steps that NTPC are taking in the direction to meet the objectives under the National Hydrogen Mission.