The pact aims to establish the technology for production of floaters for multi-Megawatt scale floating photovoltaic plants, the company said in a statement.
“NTPC-NETRA and CIPET team will be working together towards building comprehensive quality plans, to increase the vendor base and capacity building in the area of floater production and maintenance technologies,” the company said.
The statement added NTPC is dedicated to generate reliable energy at competitive prices in a sustained manner employing a mix of energy sources and using innovative eco-friendly technologies.
NTPC Energy Technology Research Alliance (NETRA) functions as a centre for research, technology development and scientific services in the domain of electric power. Its R&D efforts guided by a Research Advisory Council (RAC) comprising scientists and other experts.
NETRA focuses on areas of efficiency improvement and cost reduction; new and renewable energy; climate change and environmental protection including water conservation, ash utilization, waste management and advanced scientific services.