The Cabinet Committee on Economic Affairs (CCEA) has approved increasing the investment limit of NTPC Green Energy Limited (NGEL) to invest up to Rs 200 billion from the earlier cap of Rs 75 billion.
The approval enables NGEL to further invest in NTPC Renewable Energy Limited and its other subsidiaries and joint ventures to support NTPC Limited’s target of adding 60 GW of renewable energy capacity by 2032. The move is expected to accelerate project development, strengthen power infrastructure, and support the national goal of 500 GW non-fossil capacity by 2030.