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NTPC, IIT Kanpur sign pact for R&D in renewables, automation

State-owned power producer NTPCBSE 1.36 % has signed a pact with IIT Kanpur for research and development in the areas such as renewables, automation and power system engineering. "NTPC and IIT Kanpur have signed a Memorandum of Understanding (MoU) for research and development in the areas of mutual interest such as power system engineering, real time digital simulations, smart grid, computational sciences, grid connectivity of renewables and micro grids, sensor, robotics  and automation in Delhi," the company said in a statement. Joint R&D projects will also be taken up for developing new technologies, process and product in the field of optimisation and efficiency improvements, among others, by the two organisations, it said. The MoU was signed by NTPC-NETRA Executive Director R K Srivastava and IIT Kanpur, Dean (R&D), Amalendu Chandra, it added. NTPC had added 2,255 MW capacity in 2015-16 fiscal, taking its total electricity generation capability to 46,653 MW.

The company has set a target of adding 11,900 MW capacity during the current Plan period ending in 2016-17. NTPC aims to build generation capacity of 128 GW by 2032, with a lot more emphasis on renewable energy.