NTPC Green Energy Eyes Massive 60 GW Renewable Leap by 2032
NTPC Green Energy aims to hit 60 GW renewable capacity by 2032 and explore nuclear power to reach a total 149 GW installed base.
In a bold move to redefine India's power landscape, NTPC Green Energy Limited has announced an ambitious roadmap to scale its renewable energy capacity to 60 gigawatts (GW) by the year 2032. Currently operating at 12 GW, this aggressive expansion is a cornerstone of the parent company NTPC Limited's overarching goal to reach a total installed base of 149 GW.
A Diversified Energy Strategy
The push toward 60 GW of renewables is not the only pillar of the company's growth. Speaking at the Bharat Renewable Energy Summit and Expo 2026, P. Rahul, Deputy General Manager (Business Development - Green Hydrogen) at NTPC Green Energy Limited, revealed that the company is pursuing a multi-pronged approach to power generation.
Beyond renewables, the strategy includes:
- Thermal Expansion: Focusing primarily on brownfield projects to boost existing capacity.
- Nuclear Energy: A strategic entry into nuclear generation to diversify the energy mix.
Regarding the nuclear venture, Rahul clarified that the company is currently conducting pan-India feasibility studies. While specific sites have not yet been finalized, assessments are underway across various domestic regions to determine the most viable locations.
The Green Hydrogen Ambition
One of the most exciting highlights of the company's current portfolio is the development of a massive green hydrogen hub. This project, which has already seen its foundation stone laid by Prime Minister Modi, is now moving into the execution phase on the ground.
Production and Export Goals
The green hydrogen hub is designed to produce 2.5 million tons of green chemicals, targeting high-demand import markets such as Europe, Singapore, and Japan. The production breakdown includes:
- Green Ammonia: 1.5 million tons
- Methanol: 0.5 million tons
- Urea and ESAF: 0.5 million tons (combined)
To power this industrial giant, the company estimates a requirement of approximately 15 to 16 GW of renewable energy. The hub, located in Visakhapatnam, has already received in-principle state clearance for Special Economic Zone (SEZ) status, ensuring the project remains competitive for exports across the Asia-Pacific and European corridors.
Innovation in Storage and Domestic Reach
NTPC is also venturing into cutting-edge storage technology to solve the intermittency of renewable energy. At the expo, the company showcased an innovative CO2 battery. Unlike traditional energy storage, this system does not rely on the critical minerals typically found in lithium-ion batteries, offering a more sustainable alternative.
While the Visakhapatnam hub targets the global market, NTPC is simultaneously strengthening its domestic green hydrogen footprint. Projects are already expanding across diverse Indian terrains, including:
- Leh Ladakh
- Greater Noida
- Surat Kawas
- Madhya Pradesh
With a combination of massive renewable targets, nuclear exploration, and a leap into green chemicals, NTPC is positioning itself as a central player in India's transition toward a cleaner, more sustainable energy future.