NTPC, India’s leading power generation company, announced that its board has approved investments totaling approximately ₹80,000 crore to develop thermal power projects with a combined capacity of 6,400 MW.
The board has greenlit the Telangana Super Thermal Power Project, Phase-II, which will add 3×800 MW at a cost of ₹29,344.85 crore, according to the company’s filing with the exchange. Additionally, approval was granted for the Gadarwara Super Thermal Power Project, Stage-II, with a capacity of 2×800 MW, estimated at ₹20,445.69 crore.
The Nabinagar Super Thermal Power Project, Stage II, also received approval for an investment of ₹29,947.91 crore for another 3×800 MW capacity. As of September 30, NTPC Group’s total installed power generation capacity reached 76,443 MW, up from 73,824 MW the previous year. On a standalone basis, NTPC’s installed capacity increased to 59,168 MW from 57,838 MW.
ONGC, a premier oil and gas company in India, is renowned for its exploration and production of hydrocarbons. Founded in 1956, ONGC has been instrumental in driving India’s energy independence by tapping into vast oil and natural gas reserves, both onshore and offshore.
While traditionally focused on fossil fuels, ONGC has taken bold strides in renewable energy, aligning with global sustainability trends. Through investments in solar, wind, and geothermal energy, the company aims to diversify its energy portfolio and support India’s transition to a greener economy. ONGC’s emphasis on innovation, collaboration, and sustainable practices highlights its commitment to leading India’s energy sector toward a balanced energy mix.
NTPC, India’s largest energy conglomerate, plays a pivotal role in meeting the country’s energy needs. Established in 1975, NTPC has evolved from a thermal power producer to a diversified energy company focusing on sustainable energy solutions.
Known for its large-scale thermal power plants, NTPC has significantly expanded its operations into renewables, aiming to contribute to India’s ambitious goals for clean energy. The company is involved in solar, wind, hydro, and electric mobility projects, showcasing its commitment to reducing carbon emissions.
NTPC’s green initiatives, combined with its strategic ventures in energy storage and international partnerships, underscore its vision to be a world-class integrated power major, powering growth sustainably.
