Cabinet Approves Enhanced Powers for NTPC in Renewable Energy Investment
The Cabinet Committee on Economic Affairs has granted NTPC Limited enhanced powers to invest up to Rs. 20,000 crore in NTPC Green Energy Limited and its subsidiaries for renewable energy capacity addition, aiming for 60 GW by 2032. This move is expected to accelerate renewable project development, strengthen power infrastructure, and create employment opportunities, contributing to India's goal of achieving 500 GW of non-fossil energy capacity by 2030 and 'Net Zero' emissions by 2070.
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