Cabinet Approves Enhanced Power Delegation to NTPC for Renewable Energy Investment
The Cabinet Committee on Economic Affairs has approved an increase in the delegation of power to NTPC Limited, allowing it to invest up to Rs. 20,000 crore in NTPC Green Energy Limited and its subsidiaries for renewable energy capacity addition. This initiative aims to achieve 60 GW of renewable energy capacity by 2032, strengthen power infrastructure, and create employment opportunities, contributing to India's goal of reaching 500 GW of non-fossil energy capacity by 2030 and achieving 'Net Zero' emissions by 2070.
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