CORPORATE
NTPC gets Cabinet committee approval to invest Rs 20,000 crore in green energy
- IBJ Bureau
- Jul 17, 2025
The Cabinet Committee on Economic Affairs (CCEA) has granted enhanced functional autonomy to State-run NTPC by allowing it to invest up to Rs 20,000 crore in green energy without any separate government approval. An earlier investment cap was Rs 7,500 crore.
The move is expected to put the renewable energy (RE) expansion plans of NTPC Green (NGEL), a listed entity, on the fast track. The investments can also be through step-down subsidiary NTPC RE, and various joint ventures, including with State governments.
NTPC and its arms are aiming for an RE capacity of a massive 60 gw by 2032, a plan that stands the country in good stead in reducing carbon intensity of its Gross Domestic Product and meets its climate commitment of net-zero emission by 2070.
The CCEA has also approved a special exemption for NLC India from the prevailing investment guidelines applicable to Navaratna CPSEs, enabling it to invest Rs 7,000 crore in its wholly-owned subsidiary, NLC India Renewables (NIRL). In turn, NIRL is investing in various projects directly or through formation of joint ventures without the requirement of prior approval.
“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,” the government has said in a statement.
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