NEW DELHI: NTPC chairman and managing director Gurdeep Singh on Thursday said the company was working to increase its operating capacity to 244 GW and incur capital expenditure of nearly Rs 17 lakh crore by 2037 to expand across the entire energy value chain.Speaking at company’s annual general meeting, Singh said the next decade will be one of the most significant periods of growth in NTPC’s history, with rising electricity demand requiring a combination of scale, flexibility and reliability.NTPC’s revised plan envisages cumulative capex of around Rs 16.9 lakh crore up to FY37 across thermal, hydro and pumped storage, renewables, battery storage, mining and nuclear. The company is targeting 149 GW of capacity by 2032, including 60 GW of renewable energy, and 244 GW by 2037, excluding storage.“India’s electricity requirement will continue to rise as the economy expands and living standards improve,” Singh said, adding that storage, hydro, pumped storage, flexible thermal generation and digital technologies would provide the flexibility needed as the power mix changes.Join conversationView All Comments →Share your thoughts in the commentsInsightfulAgreeDisagreeSkepticalConcerningPromisingWorth ReadingBig DevelopmentPost CommentBe respectful · TOI community guidelinesThe company added a record 9.6 GW of capacity in FY26, taking its installed capacity to around 89 GW. Nearly 60% of the capacity added during the year came from non-fossil sources. NTPC generated 432 billion units of electricity in FY26, accounting for about 24% of India’s total generation.Singh said NTPC was building an integrated energy platform spanning conventional generation, renewable energy, storage, nuclear, mining, power trading and new energy technologies.Nuclear power is expected to be a major growth area, with NTPC aiming to contribute around 30 GW towards India’s 100-GW nuclear capacity target by 2047. The company is currently focused on the 2.8-GW Mahi Banswara project in Rajasthan, while studies and discussions are underway for additional sites.Singh said the company would focus on disciplined capital allocation and maintaining a strong balance sheet as it undertakes the large investment programme.Get the latest India News and Live updates. Download the TOI app.About the AuthorAtul MathurAtul Mathur is a Senior Assistant Editor at The Times of India with over 27 years of experience in journalism. Based in Delhi, he has spent much of his career reporting on governance, public policy and politics, churning out researched, data-driven stories that impact daily lives. Atul is known for investigative depth and strong human-interest narratives as he strives to bring clarity and context to complex issues. He currently tracks the energy sector, writing on power, renewable energy, coal and mines.Read MoreEnd of ArticleFollow Us On Social MediaVideosCM Suvendu Adhikari Urges Skilled Bengalis Abroad To Return, Promises Jobs Under Double-Engine Govt’Blind Pakistan Activated Spies To Locate India’s S-400′ During Op Sindoor, Ex-Air Marshal RevealsCamac Street Showdown: TMC Blocks Police During Billboard Removal, Banerjee Announces Court MoveNepal Floods: 288 Indians Uncontactable, 21 Rescued So Far, MEA Shares Key Updates | WatchFour Killed, One Missing In Manipur Ambush As Naga-Kuki Tensions Erupt Again, Probe Launch | WatchFake IAS Officer Tripti Rajput Under Probe, Police Recover CBI Cards And Government DocumentsWhy A Supreme Court Judge Wants The Rajasthan High Court Acting Chief Justice Transferred?18 Rounds, Point-Blank: How Haryanvi Singer Ankit Balyan Was Gunned Down Outside Gym In UPIndia-China Talks Yield 8-Point Consensus; New Military Hotlines, Border Talks On The TableSkardu Base Was India’s Target During Operation Sindoor, Ex-CDS Reveals Why Strike Was Aborted123PhotostoriesFlying soon? 5 things you should never do on a flight4 countries where YouTube is blocked; here’s whyPolka dots to Gingham: 5 trendy prints taking over fashion this seasonLearn all about the viral Kora turmeric DIY mask: Does this desi glow hack actually work?Life didn’t go as planned? 5 things to remember when everything feels uncertain8 simple hacks to peel potatoes; the one that works the best and why5 Fluffy and furry dog breeds that can make your home even more adorable7 houseplants that may help keep mosquitoes away: From basil to mintCan infections such as mumps affect male fertility years later?Psychology says why the sibling you couldn’t stand as a child can become the person you trust most as an adult123Hot PicksNepal floodUPTET Result 2026Sunny LeoneKerala name changeRRB NTPC UG CBT 2 examAnkit Baliyan murderSridhar VembuDelhi murderNEET PG 2026 admit cardTop TrendingAnkit Balyan MurderChandigarh MurderSamay RainaUdaipur HotelFlorida Car CrashUS Green Card HolderBengal HospitalTamil Nadu Son MurderElon MuskKanpur Aircraft Crash

NEW DELHI: NTPC chairman and managing director Gurdeep Singh on Thursday said the company was working to increase its operating capacity to 244 GW and incur capital expenditure of nearly Rs 17 lakh crore by 2037 to expand across the entire energy value chain.Speaking at company’s annual general meeting, Singh said the next decade will be one of the most significant periods of growth in NTPC’s history, with rising electricity demand requiring a combination of scale, flexibility and reliability.NTPC’s revised plan envisages cumulative capex of around Rs 16.9 lakh crore up to FY37 across thermal, hydro and pumped storage, renewables, battery storage, mining and nuclear. The company is targeting 149 GW of capacity by 2032, including 60 GW of renewable energy, and 244 GW by 2037, excluding storage.“India’s electricity requirement will continue to rise as the economy expands and living standards improve,” Singh said, adding that storage, hydro, pumped storage, flexible thermal generation and digital technologies would provide the flexibility needed as the power mix changes.Join conversationView All Comments →Share your thoughts in the commentsInsightfulAgreeDisagreeSkepticalConcerningPromisingWorth ReadingBig DevelopmentPost CommentBe respectful · TOI community guidelinesThe company added a record 9.6 GW of capacity in FY26, taking its installed capacity to around 89 GW. Nearly 60% of the capacity added during the year came from non-fossil sources. NTPC generated 432 billion units of electricity in FY26, accounting for about 24% of India’s total generation.Singh said NTPC was building an integrated energy platform spanning conventional generation, renewable energy, storage, nuclear, mining, power trading and new energy technologies.Nuclear power is expected to be a major growth area, with NTPC aiming to contribute around 30 GW towards India’s 100-GW nuclear capacity target by 2047. The company is currently focused on the 2.8-GW Mahi Banswara project in Rajasthan, while studies and discussions are underway for additional sites.Singh said the company would focus on disciplined capital allocation and maintaining a strong balance sheet as it undertakes the large investment programme.Get the latest India News and Live updates. Download the TOI app.About the AuthorAtul MathurAtul Mathur is a Senior Assistant Editor at The Times of India with over 27 years of experience in journalism. Based in Delhi, he has spent much of his career reporting on governance, public policy and politics, churning out researched, data-driven stories that impact daily lives. Atul is known for investigative depth and strong human-interest narratives as he strives to bring clarity and context to complex issues. He currently tracks the energy sector, writing on power, renewable energy, coal and mines.Read MoreEnd of ArticleFollow Us On Social MediaVideosCM Suvendu Adhikari Urges Skilled Bengalis Abroad To Return, Promises Jobs Under Double-Engine Govt’Blind Pakistan Activated Spies To Locate India’s S-400′ During Op Sindoor, Ex-Air Marshal RevealsCamac Street Showdown: TMC Blocks Police During Billboard Removal, Banerjee Announces Court MoveNepal Floods: 288 Indians Uncontactable, 21 Rescued So Far, MEA Shares Key Updates | WatchFour Killed, One Missing In Manipur Ambush As Naga-Kuki Tensions Erupt Again, Probe Launch | WatchFake IAS Officer Tripti Rajput Under Probe, Police Recover CBI Cards And Government DocumentsWhy A Supreme Court Judge Wants The Rajasthan High Court Acting Chief Justice Transferred?18 Rounds, Point-Blank: How Haryanvi Singer Ankit Balyan Was Gunned Down Outside Gym In UPIndia-China Talks Yield 8-Point Consensus; New Military Hotlines, Border Talks On The TableSkardu Base Was India’s Target During Operation Sindoor, Ex-CDS Reveals Why Strike Was Aborted123PhotostoriesFlying soon? 5 things you should never do on a flight4 countries where YouTube is blocked; here’s whyPolka dots to Gingham: 5 trendy prints taking over fashion this seasonLearn all about the viral Kora turmeric DIY mask: Does this desi glow hack actually work?Life didn’t go as planned? 5 things to remember when everything feels uncertain8 simple hacks to peel potatoes; the one that works the best and why5 Fluffy and furry dog breeds that can make your home even more adorable7 houseplants that may help keep mosquitoes away: From basil to mintCan infections such as mumps affect male fertility years later?Psychology says why the sibling you couldn’t stand as a child can become the person you trust most as an adult123Hot PicksNepal floodUPTET Result 2026Sunny LeoneKerala name changeRRB NTPC UG CBT 2 examAnkit Baliyan murderSridhar VembuDelhi murderNEET PG 2026 admit cardTop TrendingAnkit Balyan MurderChandigarh MurderSamay RainaUdaipur HotelFlorida Car CrashUS Green Card HolderBengal HospitalTamil Nadu Son MurderElon MuskKanpur Aircraft Crash


NTPC working to reach 244-GW capacity by 2037

NEW DELHI: NTPC chairman and managing director Gurdeep Singh on Thursday said the company was working to increase its operating capacity to 244 GW and incur capital expenditure of nearly Rs 17 lakh crore by 2037 to expand across the entire energy value chain.Speaking at company’s annual general meeting, Singh said the next decade will be one of the most significant periods of growth in NTPC’s history, with rising electricity demand requiring a combination of scale, flexibility and reliability.NTPC’s revised plan envisages cumulative capex of around Rs 16.9 lakh crore up to FY37 across thermal, hydro and pumped storage, renewables, battery storage, mining and nuclear. The company is targeting 149 GW of capacity by 2032, including 60 GW of renewable energy, and 244 GW by 2037, excluding storage.“India’s electricity requirement will continue to rise as the economy expands and living standards improve,” Singh said, adding that storage, hydro, pumped storage, flexible thermal generation and digital technologies would provide the flexibility needed as the power mix changes.

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