NTPC Ltd. is a power utility company owned by the Indian government that has recently been planning to purchase $3.85 billion in new equipment. The company plans on purchasing nine sets of coal-fired boilers, turbines and generators that will each produce roughly 800 megawatts of energy. NTPC is also saying that they have “supercritical” technology that allows them to burn less fuel and create more energy. Another Indian company, Reliance Power Ltd. recently made a deal to purchase nearly 30,000 megawatts for a cost of around $10 billion. All of this comes as no surprise from the Indian government because recently they have stated that they intend on doubling their generating capacity in the next six years to match the growing infrastructure. NTPC Ltd. is also in the process of building new plants that will bring 17,000 megawatts of generating power to the country; that is roughly 10% of the total generating power of India.
This is another example of how the energy industry will continue to grow as people and places continue to grow. While alternative energies may help to diminish the global consumption of fossil fuels it will be a long time before the need for these fossil fuels will be significantly diminished, especially if nations continue to grow economically. India has one of the fastest growing populations in the world which is why it is a great country to look at to view this one extreme of energy consumption.
-Tom Langevin
Raghuvanshi, Gaurav. NTPC to invite 3.85 Billion Bids
No comments:
Post a Comment