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NTPC Renewable Energy Investment Expansion

Sector: Solar • Location: India

Source: Renewables Now

Project
Planned

The Cabinet Committee on Economic Affairs (CCEA), chaired by Indian Prime Minister Narendra Modi, approved an increase in the investment limit for NTPC Ltd and its subsidiaries to invest in renewable energy generation to achieve 60 GW of capacity by 2032. The state-owned enterprise can now invest up to INR 200 billion (USD 2.3 billion), up from the previous limit of INR 75 billion. This investment

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The project “NTPC Renewable Energy Investment Expansion” is an infrastructure initiative in the Solar sector, located in India. Taiyo aggregates data on it from Renewables Now.

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Participants

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planned

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Description

Description

The Cabinet Committee on Economic Affairs (CCEA), chaired by Indian Prime Minister Narendra Modi, approved an increase in the investment limit for NTPC Ltd and its subsidiaries to invest in renewable energy generation to achieve 60 GW of capacity by 2032. The state-owned enterprise can now invest up to INR 200 billion (USD 2.3 billion), up from the previous limit of INR 75 billion. This investment will be made through NTPC Green Energy Ltd and its subsidiaries and joint ventures to accelerate renewable energy projects in India.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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