THDC India Limited: Power Sector Evolution and Green Hydrogen Initiatives
Key Ideas
  • THDC India Limited, now a subsidiary of NTPC, has diversified from hydropower into pumped storage, wind, solar, and green hydrogen projects.
  • The company's expansion plans include a significant focus on renewable energy projects, with targets in hydro, solar, and wind power sectors.
  • THDCIL aims to significantly expand its total hydro capacity by 2033-34, with ambitious projects in multiple states like Arunachal Pradesh, Maharashtra, and Karnataka.
  • Despite facing challenges like long approval processes and geological uncertainties, THDCIL has been profitable and aims to grow its renewable energy footprint.
THDC India Limited (THDCIL), an important player in the power sector, has undergone significant changes in ownership over the years, with NTPC now holding a majority stake. The company's current operational portfolio includes hydropower, wind, and solar projects, with a focus on green initiatives like pumped storage and green hydrogen. THDCIL has ambitious expansion plans, aiming to add substantial capacities in hydro, solar, and wind power by 2033-34. The company has signed agreements with various state governments for the development of renewable energy projects, including pumped storage plants in Arunachal Pradesh, Maharashtra, and Chhattisgarh. Despite challenges like approval delays and geological uncertainties, THDCIL has been profitable but has seen a gradual reduction in total income in recent years. The company's commitment to green energy and its efforts in diversifying its energy mix showcase a positive outlook for its future growth and contribution to India's renewable energy landscape.
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