Union Cabinet Empowers NTPC to Invest up to INR 20,000 Cr in its Renewables Arm NGEL
The Cabinet Committee on Economic Affairs has approved enhanced investment powers for NTPC, allowing it to infuse up to INR 20,000 crore into its subsidiary NTPC Green Energy to fast-track renewable capacity addition toward a 60 GW target by 2032.
July 16, 2025. By Mrinmoy Dey
Subsequently, NGEL will be investing in NTPC Renewable Energy (NREL) and its other JVs/ subsidiaries beyond earlier approved prescribed limit of INR 7,500 crore up to an amount of INR 20,000 crore for Renewable Energy (RE) capacity addition to achieve 60 GW Renewable Energy Capacity by 2032.
The enhanced delegation given to NTPC and NGEL will facilitate accelerated development of renewable projects in the country. “This move will also play a vital role in strengthening power infrastructure and ensuring investment in providing reliable, round-the-clock electricity access across the nation,” said CCEA in a statement.
Renewable Energy projects will also generate direct and indirect employment opportunities to the local people at construction stage as well as during O&M Stage. This shall provide boost to local suppliers, local enterprises/MSMEs and shall encourage the entrepreneurship opportunities within the country besides promoting employment and socio-economic development of the country.
India has achieved a landmark in its energy transition journey by reaching 50 percent of its installed electricity capacity from non-fossil fuel sources - five years ahead of the target set under its Nationally Determined Contributions to the Paris Agreement. The country is aiming to reach 500 GW of non-fossil energy capacity by 2030. As a Central Public Sector Enterprise and the leading Power Utility of the Country, NTPC, aims to add 60 GW of Renewable Energy Capacity by 2032 which will help the Country in achieving the aforesaid target and move towards larger aim of having ‘Net Zero’ emissions by 2070.
NTPC Green Energy is the flag-bearer listed subsidiary of NTPC Group for renewable energy capacity addition through organic and inorganic growth. The organic growth is proposed to be done primarily through NGEL’s wholly-owned subsidiary NREL. NGEL has also formed curated partnerships with various State Governments and CPSUs for RE project development.
NGEL has a portfolio of about 32 GW RE capacity including about 6 GW operational capacity, about 17 GW contracted/awarded capacity and a pipeline of about 9 GW.
please contact: contact@energetica-india.net.
Satish Talmale
CEO
India is Well-placed to Become a Global Leader in Energy Storage: EnerGrid CEO Satish Talmale
Anand Sri Ganesh, CEO, NSRCEL
Sapna Bhawnani
Alstom and NSRCEL on Empowering the Green Mobility Disruptors
Vasudha Madhavan
Founder & CEO
She Matters: Targeted Training and Mentorship Can Propel Women’s Careers in Energy
Rishi Agrawal
Co-Founder and CEO
Draft Energy Conservation Rules, 2025: How Energy-Intensive Sectors Can Brace for Change
Himanshu Kumar Gupta
Sr. Director – Government Business and Channels, India & SAARC
When the Lights Go Out: Securing Power Grids against Cyber Chaos