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India allocates $2.4B for NTPC to expand renewable energy, aiming for 60 GW by 2032 and supporting net-zero goals.
The Indian government, led by Prime Minister Narendra Modi, has approved Rs 20,000 crore for NTPC to expand renewable energy capacity by 60 GW by 2032.
This move aims to achieve 500 GW non-fossil fuel energy capacity by 2030 and support India’s goal of net-zero emissions by 2070.
The investment will boost power infrastructure, create jobs, and reduce reliance on fossil fuels.
Additionally, NLC India Limited received a Rs 7,000 crore exemption to invest in renewables, targeting 32 GW by 2047.
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India asigna $ 2.4B para NTPC para expandir la energía renovable, con el objetivo de 60 GW para 2032 y apoyar objetivos netos cero.