• NTPC Plans to Add 32 GW Capacity via Renewable Energy Resources by 2032, Piyush Goyal

    India’s largest power generation company, National Thermal Power Corporation (NTPC) Limited plans to achieve 32 GW installed capacity through renewable energy resources by 2032, Union Minister of State (IC) for Power, Coal, Mines New & Renewable Energy and Mines, Piyush Goyal told the Lok Sabha on Thursday.

    Scaling yet another benchmark, NTPC’s total installed generation capacity touched a record 49,143 MW. The 12th plan capacity addition target of 11,920 MW has been exceeded by adding 12,040 MW the highest ever capacity addition in any 5 year plan by NTPC.

    Mr Goyal informed the Parliament in a written reply that NTPC Ltd. has raised Rs 2,000 crore through issuance of green masala bonds in overseas market under its USD 4 billion medium term note programme.

    The proceeds of these bonds will be used for financing renewable energy projects in accordance with applicable guidelines and regulations of Reserve Bank of India (RBI), the minister said. Germain Ifedi Womens Jersey

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