NTPC eyes $50 billion capex to transform into a complete energy company
NTPC Ltd, India’s largest power generation company, aims to transform into a comprehensive energy entity with a planned investment of $50 billion (₹4.17 trillion) over the next decade. According to sources, the company intends to allocate $5 billion annually over the span of ten years. This substantial investment will facilitate NTPC’s diversification into clean fuel production and expansion of its power generation capacity, marking a significant shift in its operational focus.
New Delhi: State-run NTPC Ltd is planning capital expenditure of $50 billion ( ₹4.17 trillion) over
the next 10 years to become a true energy company from just a generator of power, according to
two people aware of the company’s plans.
The people said that India’s biggest power generation company will spend $5 billion each year
over 10 years to foray into production of various clean fuels and also towards increasing its power
generation capacity.
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