Sep 22 2016 | India Opportunities

NTPC likely to invest Rs 1.60 lakh crore targeting 50,000 MW capacities by FY17

India largest power generation company, NTPC LTD is targeting an installed capacity of 50000 MW from the current at 47,228 MW by FY17. The company currently meets around a quarter of the country power needs. The investment to the tune of Rs 1.60 lakh crore is planned to implement projects at 23 locations aiming 24,000 MW power generation capacities.

The company is in advanced stages of commissioning projects aggregating 4500 MW capacity in the current financial year. Also the PSU major aims to achieve a solar portfolio of 10 GW, out of the 100 GW target of the government by 2022.