Centre Approves Rs 20 Billion for NTPC and Rs 7 Billion for NLC Renewables
POWER & RENEWABLE ENERGY

Centre Approves Rs 20 Billion for NTPC and Rs 7 Billion for NLC Renewables

The Cabinet Committee on Economic Affairs has approved a substantial investment of Rs 20 billion in the National Thermal Power Corporation of India (NTPC) to bolster renewable energy production through its wholly owned subsidiary, NTPC Green Energy.
In addition, the committee sanctioned NLC India’s request to invest Rs 7 billion in its subsidiary, NLC India Renewables Limited (NIRL), aimed at expanding renewable energy projects.
With this fresh capital injection, NTPC is targeting a renewable power capacity of 60 gigawatts (GW) by 2032. These investments will enhance the renewable energy portfolios of NTPC Green and NLC India Renewables by developing new green energy projects and expanding contracted capacity.
NTPC Green Energy has commissioned 34 renewable projects to date, spanning solar, wind, hybrid energy, and green hydrogen, along with energy storage facilities. The company currently holds a total capacity of 32 GW, comprising 6 GW operational capacity, 17 GW sourced from contractual private suppliers, and a 9 GW pipeline.
Meanwhile, NLC India operates seven renewable projects with a combined capacity of 2 GW. Several of these projects are operational, while others are nearing commercial launch. 

The Cabinet Committee on Economic Affairs has approved a substantial investment of Rs 20 billion in the National Thermal Power Corporation of India (NTPC) to bolster renewable energy production through its wholly owned subsidiary, NTPC Green Energy.In addition, the committee sanctioned NLC India’s request to invest Rs 7 billion in its subsidiary, NLC India Renewables Limited (NIRL), aimed at expanding renewable energy projects.With this fresh capital injection, NTPC is targeting a renewable power capacity of 60 gigawatts (GW) by 2032. These investments will enhance the renewable energy portfolios of NTPC Green and NLC India Renewables by developing new green energy projects and expanding contracted capacity.NTPC Green Energy has commissioned 34 renewable projects to date, spanning solar, wind, hybrid energy, and green hydrogen, along with energy storage facilities. The company currently holds a total capacity of 32 GW, comprising 6 GW operational capacity, 17 GW sourced from contractual private suppliers, and a 9 GW pipeline.Meanwhile, NLC India operates seven renewable projects with a combined capacity of 2 GW. Several of these projects are operational, while others are nearing commercial launch. 

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code