State-owned power producer NTPC has prepared a long-term roadmap to scale up its installed capacity to 244 gigawatts (GW) by 2037, entailing a capital expenditure of about Rs 7 lakh crore. The plan was outlined by chairman and managing director Gurdeep Singh during a lenders’ meet, the company said in a statement.
NTPC, which operates under the Ministry of Power, is India’s largest power generation company and currently supplies around one-fourth of the country’s electricity demand through a mix of conventional and green energy sources.
Interim targets: 149 GW by 2032, 244 GW by 2037
According to the roadmap, NTPC has set an interim capacity target of 149 GW by 2032, before scaling up further to 244 GW by 2037. The company currently has 32 GW of capacity under various stages of construction.
At present, NTPC’s operational capacity at the group level stands at over 85,000 MW. This includes the recent addition of 359.58 MW through various solar projects of its subsidiaries in Gujarat and Rajasthan.
Expansion across storage, nuclear and green hydrogen
The proposed investment of Rs 7 lakh crore will be spread across multiple segments of the energy value chain. NTPC said the expansion plan includes energy storage systems, pumped storage projects, nuclear power, green hydrogen and chemicals.
The company has been steadily increasing its presence in renewable energy while continuing to operate large thermal assets to meet base-load demand.
Nokh solar project capacity declared commercial
Separately, NTPC informed exchanges about the declaration of commercial operation of the second and last part capacity of 78 MW out of 245 MW at Plot-1 of its Nokh Solar PV Project in Rajasthan. The project is part of the CPSU Scheme Phase-II, Tranche-III.
The 78 MW capacity was declared commercially operational with effect from 00:00 hours on 18 December 2025, following successful commissioning. NTPC’s total installed and commercial capacity has increased to 60,783 MW on a standalone basis and 85,259 MW at the group level.
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