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Diversified Growth

NTPC

NTPC Limited, India's largest power utility, announces Energy Compact Goals with a commitment to install 60 GW of renewable energy capacity by 2032. NTPC aims 10% reduction in net energy intensity by 2032.

  • NTPC to be a 130 GW company by 2032 with diversified fuel mix and a 600 BU company in terms of generation.
  • Coal would continue as predominant fuel with 65% share of coal based capacity in the portfolio.
  • Non-fossil fuel based capacity would achieve a share of 30% and Thermal based generating capacity share would be 70%.
  • Share of RE (including hydro) would be 28%
  • NTPC targets a market share of 25% in ancillary services and storage
  • NTPC aims to achieve 10% of the estimated market share for supply of electricity in E-mobility business
in GWBy 2032% Mix
Coal8565.4
Gas64.6
Hydro53.8
Solar3023.2
Other RE21.5
Nuclear21.5
Total130100
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