NTPC Unveils ₹7 Lakh Crore Plan To Expand Power Capacity To 244 GW By 2037

NTPC has outlined a long-term expansion plan to significantly scale up its generation capacity over the next decade and beyond. The company has prepared a roadmap to achieve a total installed capacity of 244 GW by 2037, which will require an estimated capital investment of around ₹7 lakh crore. The plan reflects NTPC’s strategy to strengthen India’s energy security while expanding its presence across both conventional and clean energy segments.

NTPC, which operates under the Ministry of Power, currently meets nearly one-fourth of India’s electricity demand through a mix of thermal, hydro, and renewable energy sources. At the group level, the company’s operational capacity has crossed 85 GW. This includes recent additions of around 359 MW from solar power projects developed by its subsidiaries in states such as Gujarat and Rajasthan, highlighting the growing role of renewable energy in NTPC’s portfolio.

The expansion roadmap was shared by NTPC Chairman and Managing Director Gurdeep Singh during a meeting with lenders, according to an official company statement. NTPC said it already has about 32 GW of capacity under different stages of construction. Building on this pipeline, the company is targeting a total installed capacity of 149 GW by 2032 as a key milestone before reaching the larger 244 GW goal by 2037.

The proposed investment of ₹7 lakh crore will be spread across a wide range of technologies and future-ready energy solutions. Along with adding new generation capacity, NTPC plans to invest in energy storage systems to support grid stability and the integration of renewable power. Pumped storage projects are expected to play an important role in balancing supply and demand, especially as the share of solar and wind energy increases.

The roadmap also includes plans to expand into nuclear power, green hydrogen, and energy-related chemicals. These segments are seen as critical for decarbonizing the power sector and supporting India’s long-term climate commitments. By diversifying into emerging clean energy technologies, NTPC aims to remain a central player in the country’s evolving energy landscape.

Overall, NTPC’s expansion plan signals a strong push toward capacity growth, technological diversification, and sustainable power generation. The company’s long-term vision aligns with national goals of increasing clean energy capacity while ensuring reliable and affordable electricity for India’s growing economy.