NTPC wins 3,445 MW renewable energy projects in FY24

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.)