State-owned power major NTPC is planning investments of around Rs 16.86 lakh crore as it accelerates expansion across thermal power, renewable energy, hydropower, energy storage, mining and nuclear energy.
The company is targeting an installed capacity of 149 GW by 2032, with a further increase to 244 GW by 2037. Its renewable energy portfolio is expected to reach 60 GW by 2032, reflecting a significant shift towards a more diversified generation mix.
NTPC currently has a project pipeline of approximately 35.7 GW, providing a substantial base for future capacity additions. The expansion programme is aimed at meeting India’s rising electricity requirements while supporting the broader transition towards cleaner and more diversified sources of energy.
Beyond power generation, NTPC is strengthening its operations across the energy value chain, including power trading, fuel supply and mining. The integrated approach is expected to improve operational synergies and strengthen the company’s role across generation and energy supply.
The planned investments mark a major expansion phase for NTPC as it evolves from a predominantly thermal power producer into a broader energy company with a presence across conventional generation, renewables, storage and emerging energy segments.