NTPC Ltd, India’s largest integrated power utility, has increased its target to add 30,000 MW of coal-based power generation capacity by 2031-32, up from its earlier projection of 26,000 MW by 2030-31. For the current financial year 2025-26, the company aims to add 3,580 MW of thermal capacity, a significant increase from the 660 MW added in the previous year. Meanwhile, the company has set a target of 5,000 MW of renewable energy capacity addition in FY26, up from 3,312 MW in FY25.
NTPC’s total installed and commercial capacity currently stands at 80,020 MW, with a breakdown of 62,854 MW of thermal capacity, 6,511 MW of liquid fuel-based, 3,757 MW of hydro, 6,211.5 MW of solar, and 686 MW of wind capacity. The company is also exploring opportunities in nuclear energy, with plans to commission 30 GW of nuclear capacity by 2047.
NTPC has acquired Ayana Renewable Power for Rs 6,248.5 crore and aims to develop 19 GW of renewable capacity by FY27, with an investment of Rs 1 lakh crore. The company is also investing in coal mining, with a target production of 50 million tonnes in FY25 through its subsidiary NTPC Mining.
Internationally, NTPC is working on a 50 MW solar project in Sri Lanka and is exploring similar projects in Africa and Saudi Arabia. The company is also in discussions with Eskom, South Africa’s electricity utility, for O&M and consultancy projects.
NTPC is also evaluating an entry into the power distribution business and is focusing on new areas such as e-mobility, battery storage, pumped hydro, waste-to-energy, green hydrogen, and chemicals like ethanol and methanol.