News SnippetsPower

NTPC forms Subsidiary for Renewable Energy Business

NTPC has incorporated new subsidiary, NTPC Renewable Energy Ltd. on 7th October 2020 to segregate its renewable energy business. It has recently received approval from Niti Aayog and Department of Investment and Public Asset Management for the same.

NTPC currently has 928 MW installed capacity of renewable energy with 11 solar power plants, 1 wind and 1 small hydro power generation plant. Around 2,298 MW solar energy projects are in implementation stage.