NTPC Targets 149 GW Capacity by 2032: Massive Push for Nuclear and Green Energy
NTPC plans to add 58 GW to its current capacity by 2032, with a massive push toward nuclear and renewable energy to meet India's rising power demand.
India's state-owned power giant, NTPC Limited, is gearing up for a massive scale-up of its operations to keep pace with the nation's skyrocketing electricity needs. The company aims to boost its installed power generation capacity to 149 gigawatts (GW) by the year 2032, representing a significant leap from its current standing of 91 GW.
This ambitious roadmap, which involves adding approximately 58 GW of new capacity, was detailed by NTPC Chairman and Managing Director Gurdeep Singh during the KPMG ENRich 2026 event held in New Delhi. The expansion is designed to diversify the company's portfolio, integrating a mix of renewable energy and other sustainable sources to ensure a stable power supply for the country.
The Nuclear Leap: A Vision for 2037
While the 2032 target is the immediate milestone, NTPC is looking even further ahead. The company has set an even more aggressive target of 250 GW of total capacity by 2037. A pivotal part of this long-term strategy is the acceleration of nuclear power generation.
According to Gurdeep Singh, NTPC is targeting approximately 30 GW of nuclear power capacity as part of its 2037 roadmap. To turn this vision into reality, the company has already taken concrete steps:
- Feasibility Studies: NTPC has successfully completed feasibility studies for proposed nuclear power projects in Odisha, Bihar, and Madhya Pradesh.
- Site Scouting: The company is actively exploring additional locations across other states to further develop its nuclear footprint.
Meeting the Surge in Electricity Demand
The drive for expansion comes at a critical time when India is witnessing a sharp spike in power consumption. Singh pointed out that electricity demand in October alone saw a 21 per cent increase, with a consistent month-on-month upward trend.
As the country grows, the need to diversify the energy mix—moving away from heavy reliance on fossil fuels toward non-fossil and renewable sources—has become a priority to ensure energy security and sustainability.
Stability Amidst Global Turmoil
Despite the volatile geopolitical and economic climate worldwide, which has seen energy prices skyrocket in many regions, India has remained remarkably resilient. Singh highlighted that India has managed to avoid the drastic price surges experienced in other parts of the world.
"Despite all kind of turmoils across the globe, in India we have not seen surge in energy prices. I think in India we have not seen that type of surge like we have noticed in other parts of the world," Singh stated.
By aggressively expanding its capacity and embracing a diversified energy strategy, NTPC aims to solidify its role as the backbone of India's power sector, ensuring that the nation's growth is fueled by a reliable and sustainable energy grid.