Asia Renewable Portfolio
Acquiring one of Asia’s first private sector renewable energy companies
Project Details
Acquisition of one of Asia’s first private sector renewable energy companies a strategic acquisition with legacy fully operational wind, solar and hydro plants to meet the demand for powering remote areas generating renewable energy to power remote areas where grid supply is intermittent or unavailable
- Meeting the demand for powering remote areas generating renewable energy for grid supply in locations where electric utility grids are not adequate
- Adding 321MW of a high-quality, fully operational power plants in Asia: 181MW wind, 110MW hydro and 30MW solar with an expansion pipeline of 1,200MW solar, 1,400MW wind to our portfolio
- All operational assets are contracted under Feed-in Tariffs, with the exception of 2 hydro projects that operate on a merchant power basis
- Includes 14 operational hydro projects, 7 operational wind projects and 2 operational solar projects with the expansion of an additional 2.6 GW of solar and wind beginning construction in 2020
Socio Economic Highlight
Energy Mix
The mix of NPG’s full array
of renewable resources
enables energy access to
the un-electrified/ under-electrified rural masses
through centralized and
decentralized clean energy
power
Intrinsic Value
Driven by the objective of creating sustainable longterm value, 93% of installed capacity has lucrative longterm PPA’s which will provide reliable affordable
energy for economic growth
Strategic Edge
With in-house design and implementation capabilities, the company’s strategic edge is in having designed and implemented nearly all of its power plants making the portfolio well poised for expansion
Management Expertise
With over two decades of extensive experience in developing green energy projects in both public and private sector, the company’s team of proven capabilities aligns with NGP’s growth strategy and goals
Geographical Focus
Projects are strategically located in geographical areas with untapped development potential for further expansion
Socially Responsible
The company has developed several high school and industrial training institutes in rural areas that provides modern education and income generation programs