At its 50th annual general meeting on 27 August, NTPC’s chairman and managing director, Gurdeep Singh, told shareholders the company was raising its ambitions considerably. NTPC now targets 149 GW of installed capacity by 2032, up from around 91 GW today, and 244 GW by 2037. Backing this is a cumulative capital expenditure plan of roughly ₹16.86 lakh crore (US$176.4 billion) spread across thermal, hydro, pumped storage, renewables, battery storage, coal mining and nuclear power, according to a media report.
The composition matters more than the headline number. Of the 149GW planned by 2032, 60GW is meant to be renewable. NTPC is also positioning itself as India’s largest single contributor to the country’s nuclear ambitions, aiming for around 30GW towards the national target of 100GW by 2047, alongside its 2.8GW Mahi Banswara project already under construction in Rajasthan and 34 additional sites under evaluation.
👉 Read the full story: https://www.indoen.com/news/ntpcs-us1764-billion-roadmap-shows-indias-power-money-is-outrunning-its-r