US EditionCabinet approves ₹20,000 crore for NTPC, ₹7,000 crore for NLCIL - Check details
INDIA, JUL 16 – The Cabinet increased NTPC's renewable energy investment limit to Rs 20,000 crore to achieve 60 GW capacity by 2032 and allowed NLCIL Rs 7,000 crore to expand its green energy portfolio.
- On July 16, 2025, the Cabinet approved Rs 20,000 crore investment by NTPC in renewable capacity, tripling the previous Rs 7,500 crore limit.
- Under the Panchamrit goals, India aims to build 500 GW of non-fossil capacity by 2030, with NTPC targeting 60 GW of renewables by 2032 and supporting its climate commitments.
- The CCEA also approved NLC India Limited to invest Rs 7,000 crore in NLC India Renewables Limited, exempted from the 30% net worth ceiling, targeting 10.11 GW by 2030 and 32 GW by 2047.
- According to trading data, NTPC’s stock saw a marginal intraday rise to Rs 342.60 on July 16, 2025, and Shah said the approvals will make farming profitable, and markets responded positively.
- The decision suggests India’s leadership in renewable energy, with projected employment benefits and long-term goals of 60 GW by 2032 and net zero by 2070.
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23 Articles
23 Articles
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·New Delhi, India
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Renewable Energy: This time the Union Cabinet has approved an investment of 20 thousand crore rupees in NTPC.
·India
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Total News Sources23
Leaning Left2Leaning Right3Center1Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 33%
C 17%
R 50%
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