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NTPC earmarks 0.5% of Profit for Green Growth
New Delhi, May 13, 2008
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NTPC Limited has decided to allocate 0.5% of distributable
profit annually for its “Research and Development Fund for
Sustainable Energy”. This fund will be used for sponsoring /
undertaking research leading to development of green and clean
technologies.
The research project may include development of
Coal Gasification Technology for commercial use, reducing cost
of harnessing Solar Energy, LED lighting, improvement in
efficiency of its power stations etc. |
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As a responsible Corporate Citizen, NTPC is committed to
controlling CO2 per unit of power generation with portfolio
management, adoption of the State of the art technology with
special thrust on the renewable energy sources, develop one
million square feet of Green Building Space within NTPC
premises by the year 2017, spearhead awareness campaigns
nation wide to orient the people, strengthen and leverage the
Government’s efforts in this area.
With its priority of generating clean power, the long-term
focus areas of NTPC shall cover re-powering and replacement of
old units, introduction of ultra super critical technology,
modifying the fuel portfolio with higher share of renewable,
clean coal technologies.
The Company is undertaking massive afforestation covering
vast areas of land in and around its projects and till date it
has planted more than 18.37 million trees at its projects. As
a result of pursuing sound environment management systems and
practices, all NTPC stations have been certified with ISO
14001 and OHSAS 18001 by reputed national and international
certifying agencies.
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