MoA Signed between NTPC-NETRA and CIPET to Proliferate Renewable Energy Drive

New Delhi: In order to accelerate the renewable energy drive by establishing technology framework for development and production of floaters for Multi-MW Floating photovoltaic (PV) plants, a Memorandum of Agreement (MoA) was signed between Central Institute of Plastics Engineering & Technology (CIPET) and NETRA (NTPC Energy Technology Research Alliance), the R&D arm of NTPC Ltd.

The MoA was signed by Shaswattam, General Manager, NETRA and Dr M. Abdul Kader, Principal Director, CIPET in the presence of R K Srivastava, Executive Director, NETRA, P D Hirani, General Manager, NETRA and other officials.

NTPC, India’s largest power generating company, as a part of its commitment to Renewable Energy, and firmly guided by its philosophy of power generation is intricately intertwined with social and environmental growth.

NTPC is thoroughly dedicated to generate reliable energy at competitive prices in a sustained manner employing a mix of energy sources and using innovative eco-friendly technologies. The team of NTPC-NETRA and CIPET will work together towards building comprehensive quality plans, to increase the vendor base and capacity building in the area of Floater production & maintenance technologies.

NTPC recognizes the potential of cutting-edge technology in further improving its services and efficiency. With the same objective, NTPC had set-up NTPC Energy Technology Research Alliance (NETRA) a state-of-the-art centre for research, technology development and scientific services in the domain of electric power.

The R&D efforts of NETRA are guided by Research Advisory Council (RAC) comprising of eminent scientists and experts from India and abroad to steer high-end research. NETRA focuses on areas of Efficiency Improvement & Cost Reduction; New & Renewable Energy; Climate Change & Environmental Protection which includes Water Conservation; Ash Utilization; Waste Management and Advanced Scientific Services, etc.