NTPC plans Rs 2.5 lakh crore investment on renewable energy, to halve coal plants in portfolio by 2032
Country’s largest power company NTPC NSE 0.13 % Ltd will reduce coal-based generation to half of its capacity in a decade, while raising the share of renewable power under a publicly-listed arm.
The company plans to list its green subsidiary NTPC Renewable Energy Ltd in 18 months as it expects to make Rs 2,50,000 crore investment toward the renewable energy generation capacity addition targets, a senior company official said.
