NTPC is reportedly targeting to install 5,000 mw solar capacity in the next two years. This is one third of its target of installing 15,000 mw over the next seven years and spells an over fiftyfold jump from the current solar capacity.
The state-run company is clear that states will have to come on board for procuring solar energy for it to take off as per plan, as it maintains that coal will remain the base fuel for power generation in India for many years to come. The company has a capacity of 44,398 mw, accounting for 17% of the country’s total power generation capacity of 255,012.79 mw.
NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.
