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NTPC Unveils New Target & Investment for Energy Transition by 2032

India’s largest power producer NTPC Limited has revised its long-term vision with a massive push towards clean energy. The company announced that it has raised its installed capacity target for 2032 to 149 GW, up from its earlier projection of 130 GW. To achieve this ambitious goal, NTPC has committed an investment of nearly ₹7 lakh crore in renewable energy, nuclear power, and energy storage projects, signaling a decisive shift towards sustainable growth.

NTPC’s New Energy Roadmap

The revised target includes significant additions from solar, wind, hydro, nuclear, and storage-based projects. According to media reports, NTPC aims to significantly scale back dependence on coal while accelerating renewable capacity to over 60 GW within the next seven years. The expansion plan also includes nuclear installations as part of India’s broader commitment to diversify its energy mix by 2032.

₹7 Lakh Crore Investment Plan

The allocated investment will cover a mix of projects ranging from large-scale solar parks and offshore wind facilities to pumped storage plants and green hydrogen ventures. As per several media sources, the company will also focus on grid modernization and digital systems to ensure efficiency in clean energy distribution. Nearly one-third of the funding is expected to go into renewable expansion alone.

Strong Emphasis on Nuclear Power

NTPC has identified nuclear power as a vital clean alternative to coal. Several projects are under planning stages, with partnerships expected between NTPC and other central PSUs in the nuclear sector. The company has already received approval to set up nuclear power plants, which marks a significant step in diversifying its capabilities.

Supporting India’s Net-Zero Vision

This expansion aligns with India’s net-zero emissions target for 2070, and NTPC’s revised trajectory is a critical part of the country’s energy transition. Experts note that investing in renewables and nuclear not only ensures sustainability but also reduces India’s dependence on fossil fuel imports.

NTPC’s new targets mark a defining moment for India’s power sector, creating opportunities for renewable integration, nuclear development, and advanced grid management. The scale of investment promises long-term economic, environmental, and technological transformation in India’s energy mix.

The updated roadmap could encourage other public and private utilities to adopt faster green transition strategies, further accelerating India’s pathway to a sustainable energy future.


Disclaimer
“This news story has been developed by Ingenious India based on information available in the open domain for public consumption. Ingenious India does not claim ownership of original reporting and has compiled this article using publicly accessible media sources. For any concerns regarding the information, please contact the editor at ingindia22@gmail.com.”

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