The Cabinet Committee on Economic Affairs has approved an enhanced investment limit of up to ₹20,000 crore for state-run power utility NTPC Ltd to invest in its green energy subsidiaries, the company said in an exchange filing on Thursday.The decision allows NTPC to exceed the previously sanctioned cap of ₹7,500 crore and channel more capital into NTPC Green Energy Ltd (NGEL), which in turn will invest in NTPC Renewable Energy Ltd (NREL) and other joint ventures and subsidiaries to support renewable energy expansion.
The enhanced delegation of power granted to the Maharatna public sector enterprise is aimed at accelerating the development of clean energy infrastructure and enabling India’s largest power producer to contribute significantly to the country’s net-zero goals.
The funding will help NTPC achieve its target of 60 gigawatts (GW) of renewable energy capacity by 2032, the company said. India, which has committed to reaching 500 GW of non-fossil fuel capacity by 2030 under its climate pledges, achieved 50% of its installed electricity capacity from non-fossil sources five years ahead of schedule.NGEL, a listed unit of NTPC, is the group’s primary vehicle for clean energy growth and operates through both organic and inorganic strategies. Its wholly owned unit NREL is expected to drive the bulk of its organic expansion. NGEL currently has a renewable energy portfolio of around 32 GW, including about 6 GW operational, 17 GW awarded or contracted, and 9 GW under development.

NTPC has been forming joint ventures with state governments and other central public sector firms to expand its renewable footprint. The increased funding flexibility is expected to speed up project execution and help India meet its long-term energy transition targets.

NTPC shares ended largely unchanged today at a price of ₹342.55 on the BSE, even as the broader market underperformed.

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(Edited by : Ajay Vaishnav)

First Published: Christmas 17, 2025 6:20 pm IS

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Centre clears ₹20,000 crore investment limit for NTPC’s green energy unit

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