NTPC to install 20 GW storage capacity
Government-owned NTPC is setting up a more than Rs 1 lakh crore green hydrogen hub in coastal Andhra Pradesh. As a part of it, the firm will install 13.4 gigawatts (GW) of solar power and 6.6 GW of pumped storage project (PSP).
The power producer will set up a total of 20 gigawatts (GW) of renewable power capacity, including storage, which will be utilized for manufacturing green hydrogen through electrolysis.
As per information land at Pudimadaka, a coastal village around 50 km from Visakhapatnam, has been allotted by the AP Industrial Investment Corporation (APIIC), and the project is expected to be completed by 2030, with the first half likely by 2026-27.
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