NTPC Green Energy Ltd (NGEL) has signed an MoU with V.O. Chidambaranar Port Authority (VOCPA) for development of a green hydrogen hub at VOCPA, Tuticorin in Tamil Nadu.
The MoU envisages collaboration between NGEL (a wholly owned subsidiary of NTPC Ltd) and VOCPA to develop a green hydrogen hub for production of green hydrogen and its derivatives, such as green ammonia and green methanol, on the land provided by VOCPA, for export and domestic usage.
This comes in the backdrop of NTPC’s green hydrogen initiatives and the announcement by the Union ministry of ports, shipping and waterways, for development of VOC Port (Tamil Nadu), Paradip Port (Odisha) and Deendayal Port (Gujarat) as hydrogen hubs.
VOCPA is an autonomous body under the Union Ministry of Ports, Shipping & Waterways (MOPSW). It has been identified by MOPSW to be developed as a Green Hydrogen/Green Ammonia Refuelling Hub for Green Shipping. MNRE has also identified VOCPA as the nodal port in the east coast for the development of port infrastructure and logistics development for offshore wind, green hydrogen projects on a large scale.
Also read: NTPC Transfers RE Assets To NTPC Green Energy Ltd
NTPC Group capacity
NTPC is committed to achieve 60 GW of renewable energy capacity by 2032. On September 8, 2023, NTPC Group’s installed capacity reached 73,824 mw. The latest addition came in the backdrop of the completion of trial operation of Unit-1 of 800 mw at Telangana super thermal power project. With this, the installed capacity of NTPC Ltd and NTPC Group has become 57,838 mw and 73,824 mw respectively.
