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State-owned power major NTPC has drawn up a long-term roadmap to expand its installed capacity to 244 GW by 2037, requiring an estimated capital expenditure of INR 7 lakh crore. The company, which currently meets nearly one-fourth of India's electricity demand, is pursuing growth across conventional and renewable segments. Its group-level operational capacity has crossed 85,000 MW following recent solar additions in Gujarat and Rajasthan. With around 32 GW already under construction, NTPC is targeting 149 GW by 2032. Future investments will span energy storage, pumped storage, nuclear power, green hydrogen and related chemical businesses.
NTPC has prepared a comprehensive expansion roadmap aimed at scaling its installed capacity to 244 GW by 2037, with a projected capital investment of approximately INR 7 lakh crore. The power major, operating under the Ministry of Power, remains India's largest electricity producer, supplying nearly one-fourth of the country's power demand through a combination of thermal and renewable sources. Advertisement
At the group level, NTPC's operational capacity has exceeded 85,000 MW following the addition of 359.58 MW from solar projects commissioned through its subsidiaries in Gujarat and Rajasthan during the past week. The company currently has around 32 GW of capacity under various stages of construction.
The expansion strategy was outlined by chairman and managing director Gurdeep Singh during a lenders meet, according to an official statement issued earlier this week. As part of its medium-term plans, NTPC is targeting an installed capacity of 149 GW by 2032, before accelerating further growth over the subsequent five years.
The long-term roadmap envisages diversification beyond conventional power generation. Planned investments include energy storage systems, pumped storage projects, nuclear power, green hydrogen and associated chemical segments, reflecting NTPC's focus on energy transition alongside capacity expansion.
Source - PTI
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