NTPC in total 76 GW installed capacity that contributes 25 percent of total electricity demand in India PSUWatch/File
News Updates

NTPC wins 3,445 MW renewable energy projects in FY24

Currently, the Maharatna power PSU NTPC has 3.5 GW of renewable energy operational capacity with over 20 GW (gigawatt) in the pipeline

PSU Watch Bureau

New Delhi: State-owned Maharatna power psu NTPC on Monday said it has won 3,445 MW of renewable energy (RE) projects in the fiscal year ending March 31, 2024.

"NTPC wins 3,445 MW RE bids in FY 2023-24. This records 58 percent of total RE tenders the company participated during the financial year which is the highest since it started participating in the bids," the company said in a regulatory filing.

Currently, NTPC has 3.5 GW of RE operational capacity with over 20 GW (gigawatt) in the pipeline.

NTPC Ltd, under the Ministry of Power, is the country's largest integrated power utility having 76 GW installed capacity that contributes 25 percent of total electricity demand in India.

PSU Watch is now on Whatsapp Channels. Click here to join

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

MNRE advises REIAs to grant up to 4 months' extension to RE projects hit by West Asia disruptions

Coal India incorporates Singapore subsidiary CIL Global to pursue overseas critical minerals assets

US envoy Gor hails India's C-130J role as Tata-Lockheed joint venture targets 80-aircraft IAF deal

Govt tightens horticulture subsidy rules, bars ministers, MPs, MLAs from scheme benefits

RBI's concessional swap scheme mobilises $73 billion in less than 11 weeks