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State-owned power giant NTPC has co-fired 77,000 tonnes of biomass till date at 14 of its thermal power plants across the country, a company official said on Thursday. Company's Director (Operations) Ramesh Babu made the remarks at a workshop organised in Chandigarh in association with SAMART (Sustainable Agrarian Mission on use of Agro Residue in Thermal Power Plants) on 'Ex-situ utilisation of agricultural residue for co-firing in thermal power plants', NTPC said in a statement. The power ministry's policy on 'Biomass Utilization for Power Generation through Co-firing in Coal based Power Plants' issued in October 2021 mandates all thermal power plants in the country to use 5 to 10 per cent biomass along with coal for power production. In his address "Ramesh Babu, Director(Operations), NTPC Ltd, highlighted the potential of biomass as untapped resource, additional source of income, high scale of demand and favourable government policies. "He also informed about various initiatives
State-owned power giant NTPC has invited bids for raising term-loan of up to Rs 5,000 crore, which would be utilised for capital expenditure for ongoing or new electricity generation capacity addition projects. "Proceeds of the loan shall be utilised towards capital expenditure for ongoing/new capacity addition programme, including the takeover of projects, renewable energy projects, coal mining & washeries, renovation & modernisation program of various projects, refinancing of loans and general corporate purposes etc," as per the request for proposal (RFP) document. According to the document, the RFP is of up to Rs 5,000 crore term-loan sought by NTPC Ltd. The minimum amount of loan offered by banks or financial institutions will be Rs 500 crore and in multiples of Rs 500 crore. The bids will be opened on May 27, 2022. NTPC is the largest power producer in India in terms of both installed capacity and generation with an aggregate group installed capacity of 68,961.68 MW. The .