Adani Green Energy, NTPC and Future of Sustainable Energy Generation
Hello readers,
Today, I’d like to share my thoughts on how the energy landscape is poised for a exponential growth. And how public-private partnership will probably lead the way forward.
Note that this article is written from annual reports, transcript and notes of the said company. It is not an investment advice, just a sharing of views.
Adani Green Energy Limited (AGEL) and NTPC Limited are two leading companies in India’s renewable energy sector, both making significant contributions towards sustainable energy generation.
AGEL has rapidly scaled its operations, achieving an impressive milestone of 10.9 GW in operating capacity by FY24.
This includes large-scale solar and wind projects, complemented by storage solutions like pumped hydro and battery storage. AGEL’s strategy revolves around executing large utility-scale projects and ensuring robust transmission planning to avoid connectivity issues.
This forward-thinking approach, coupled with leveraging advanced technologies to build resilient supply chains, has positioned AGEL as a market leader in renewable energy.
As far as accounts and books are concerned, well, that’s the Auditor’s job and I’ve not dealt into forensic accounting checks. But this article focuses on current state of businesses and the sector.
On both those levels, these two are goliaths.
In contrast though, NTPC Limited has commissioned 3.6 GW of renewable energy projects and has an additional 8.4 GW under construction.
Which means fixed cost incurred to expand capacity indicates optimism in growth. And not just random optimism, a high level of positive outlook.
The company is also planning to tender 11.2 GW of renewable projects and has secured land for further 6.6 GW. NTPC’s strategy is unique in that it integrates renewable energy with its existing thermal power capacity.
Currently, NTPC is enhancing its thermal power capacity with 9.6 GW of projects under construction and plans for an additional 15.2 GW.
This approach ensures a balanced energy mix and fuel security, which is vital for the country’s energy stability.
Both companies are deeply committed to environmental sustainability and innovation. AGEL emphasizes innovative solutions and advanced technologies to deliver affordable and resilient renewable power.
On the other hand, NTPC has undertaken various green initiatives such as co-firing biomass pellets with coal and developing green hydrogen ecosystems.
NTPC’s efforts to reduce greenhouse gas emissions are evident in their motto, “Going Higher on Generation, Lowering GHG Intensity,”
and their implementation of Flue Gas Desulfurization (FGD) projects to reduce SOx emissions.
AGEL plans to continue expanding its portfolio with a mix of solar, wind, and storage projects to meet India’s growing energy demands.
The company leverages its strong financial position to build projects ahead of securing specific contracts, providing unique solutions in the renewable sector.
Meanwhile, NTPC aims to increase its renewable capacity while maintaining significant thermal power projects.
The company focuses on reducing emissions and integrating green technologies, including exploring opportunities in green hydrogen, green ammonia, and biorefineries.
In summary, both Adani Green Energy Limited and NTPC Limited are crucial in driving India’s transition to sustainable energy.
AGEL’s rapid expansion and focus on large-scale projects provide a stark contrast to NTPC’s balanced integration of renewable and thermal power.
Both companies’ innovative approaches and commitment to environmental sustainability are essential for India’s energy future, ensuring a move towards a more sustainable and environmentally friendly energy landscape.
Now it is up to you to decide whether to invest in this sector or these companies or not. This article is not intended at promoting these companies.
It is about sharing view on the sector and company. I personally believe renewables is a massive growth and rightfully so.
Thanks folks,
Love you all.
