Cabinet Approves up to INR 20,000 Crore for NTPC To Invest in Renewable Energy Capacity and Other Joint Ventures

By Ians

Cabinet Approves up to INR 20,000 Crore for NTPC To Invest in Renewable Energy Capacity and Other Joint Ventures

As India achieves 50 per cent of its installed electricity capacity from non-fossil fuel sources, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved enhanced delegation of power to NTPC Ltd for investing in NTPC Renewable Energy Ltd. and its other joint ventures/subsidiaries to set up renewable energy capacity with an outlay of up to Rs 20,000 crore.

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