Which Indian Public sector enterprise took a $750 million Japanese yen loan for reducing air pollution from its power projects?

The correct answer is NTPC Limited.

Key Points

• NTPC Limited, a leading power utility company in India, secured a $750 million Japanese yen loan.
• The loan is aimed at reducing air pollution from NTPC's thermal power projects.
• This loan is part of NTPC's broader strategy to invest in cleaner and more sustainable energy solutions.
• The funding will be utilized for implementing advanced emission control technologies in its power plants.

Additional Information

• NTPC Limited:
  • Established in 1975, NTPC is India’s largest energy conglomerate with roots deeply entrenched in the power generation business.
  • It has an installed capacity of over 65,000 MW, with a diversified energy mix comprising thermal, hydro, solar, and wind power.
  • NTPC is committed to achieving a 10% reduction in its net energy intensity by 2032.
• Emission Control Technologies:
  • Technologies like Flue Gas Desulfurization (FGD) and Selective Catalytic Reduction (SCR) are used to reduce sulfur dioxide (SO2) and nitrogen oxides (NOx) emissions, respectively.
  • These technologies are essential for meeting the environmental regulations set by the government for thermal power plants.
• Japanese Yen Loan:
  • Such loans are often provided by Japanese financial institutions to support international projects that align with sustainability goals.
  • The favorable terms of these loans often include lower interest rates and longer repayment periods, making them attractive for large-scale infrastructure projects.
• India's Commitment to Clean Energy:
  • India has set ambitious targets to achieve 175 GW of renewable energy capacity by 2022 and 450 GW by 2030.
  • Investments in emission control and cleaner energy solutions are part of India's broader strategy to combat climate change and reduce its carbon footprint.