NTPC's Maharashtra Renewable Venture

NTPC announced that its wholly-owned subsidiary, NTPC Green Energy, has partnered with MAHAGENCO to develop Renewable Energy Parks in Maharashtra. Under this joint venture agreement, they will work on large-scale renewable energy projects in phases. NTPC, with a total installed capacity of about 74 GW (including JVs and subsidiaries), aims to increase its renewable energy portfolio. The subsidiary, NTPC Green Energy, was established as part of NTPC’s plan to achieve 60 GW of renewable energy capacity by 2032. Currently, it has 3.4 GW of installed renewable energy capacity and over 22 GW in the pipeline, according to a PIB release.


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