New Delhi: State-owned NTPC Group has revised its thermal power capacity expansion plan, aiming to add 30,000 megawatts (MW) of new coal-based capacity by 2031-32, up from its earlier target of 26,000 MW by 2030-31, according to industry sources.
The revised plan reflects a growing emphasis on ensuring energy security, with the group setting an ambitious goal of adding 3,580 MW of thermal power in FY26, a sharp increase from 660 MW added in FY24.
Despite the push in thermal, NTPC is also expanding its renewable energy portfolio, planning to add 5,000 MW of green energy in FY26, which is a 26% increase over the 3,312 MW added last year. The group has a long-term vision of reaching 60 GW of renewable capacity by 2032.
As of now, NTPC’s total installed and commercial capacity stands at 80,020 MW, comprising:
- 62,854 MW thermal,
- 6,511 MW liquid fuel-based,
- 3,757 MW hydro,
- 6,211.5 MW solar, and
- 686 MW wind.
In the coal mining space, NTPC targets 50 million tonnes of coal production from its captive mines in FY25, up from 45.72 million tonnes in FY24, under its subsidiary NTPC Mining.
The company, under the Ministry of Power, continues to diversify into emerging sectors including e-mobility, battery storage, pumped hydro, nuclear energy, green hydrogen, and waste-to-energy.
While NTPC has not officially commented on the revised target, the move highlights its dual strategy of scaling both thermal and clean energy, keeping in view India’s growing power demands.
