PSU NEWS
NTPC wins 3445 MW RE bids in FY24
Mumbai: NTPC Ltd., India’s largest integrated power utility, has won 3445 MW RE tenders it participated in during the FY 2023-24.
This records 58% of total RE tenders the company participated in during the Financial Year which is the highest since it started participating in the bids.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYCurrently, NTPC has 3.5 GW RE operational capacity with over 20 GW in the pipeline.
Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail depositsNTPC Limited is India’s largest integrated power utility having ∼76 GW installed capacity that contributes 25% of total electricity demand in India. By 2032, NTPC is looking to expand its non-fossil based capacity to 45-50% of the company’s portfolio that will include 60 GW RE capacity with a total portfolio of 130 GW.
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