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NTPC gets ₹20,000 crore investment leeway to accelerate green energy push

The Statesman Bhubaneswar

|

July 17, 2025

In a major policy decision to fast-track India's green energy ambitions, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved enhanced financial autonomy to NTPC Ltd.

- STATESMAN NEWS SERVICE

The move will allow it to invest up to ₹20,000 crore in its renewable energy subsidiary, NTPC Green Energy Limited (NGEL). This marks a significant increase from the previous investment cap of ₹7,500 crore.

The decision will enable NGEL to further invest in NTPC Renewable Energy Limited (NREL) and other joint ventures or subsidiaries to accelerate the development of renewable energy (RE) projects across India.

The move is aimed at facilitating NTPC's ambitious plan to add 60 GW of renewable energy capacity by 2032, contributing substantially to the country's broader clean energy goals.

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