State-run NTPC, India’s largest electricity producer, plans to start building more coal plants this year as the country continues to lean on the fuel to meet its growing energy needs.
New Delhi-based NTPC will likely award construction orders for about 4.5 gigawatts of coal-fired capacity during the fiscal year that began this month, according to an official aware of the plans, who asked not be named before a final decision is made. The projects will be built across three sites where the utility already runs power plants.
The projects underscore how even as India sets ambitious long-term decarbonization targets, in the near term it will continue to rely on the dirtiest fossil fuel to meet rapidly growing power demand.
