This move aligns with India's broader push towards expanding its renewable energy capacity, aiming to add at least 500 GW of clean energy by 2030. NTPC Green Energy currently has 3.3 GW of installed capacity and plans to significantly increase this in the coming years.
NGEL has partnered with Suzlon to develop India’s largest wind energy project, which will power approximately three million homes. This project involves the installation of 370 wind turbine generators in Gujarat.
NGEL also has multiple solar power projects across India, contributing significantly to the country’s renewable energy capacity. Apart from solar and wind, NGEL is also investing in the production of green hydrogen and green methanol, which are cleaner fuels manufactured using renewable energy.
The company is also exploring advanced energy storage solutions to enhance the reliability and efficiency of renewable energy. NGEL is working on converting waste into energy, further diversifying its renewable energy portfolio.
These projects are part of NGEL’s broader strategy to achieve 60 GW of renewable energy capacity by 2032.
Essentially, NGEL is an umbrella company for the green business initiatives of NTPC and undertakes projects through organic and inorganic routes and aims to be the flag-bearer of NTPC’s green energy journey to achieve the ambitious target of 60 GW .
The company is also exploring advanced energy storage solutions to enhance the reliability and efficiency of renewable energy. NGEL is working on converting waste into energy, further diversifying its renewable energy portfolio.
These projects are part of NGEL’s broader strategy to achieve 60 GW of renewable energy capacity by 2032.
Essentially, NGEL is an umbrella company for the green business initiatives of NTPC and undertakes projects through organic and inorganic routes and aims to be the flag-bearer of NTPC’s green energy journey to achieve the ambitious target of 60 GW .
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