Energy
Energy security

As power demand peaks, NTPC goes back to burning coal amid its focus on green energy

As power demand peaks, NTPC goes back to burning coal amid its focus on green energy
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Solar panels at a National Thermal Power Corporation plant in Uttar Pradesh

Synopsis

In 2022, power demand in India has been growing at the fastest pace in nearly four decades. The country's largest state-owned power producer says it is giving utmost thrust to renewable energy, but there is a need for adding coal-based capacity as well. Is NTPC making the right move?

By
7 mins read, Last Updated:
The flight path of a public-sector enterprise in India, even if it is listed in the stock market, is mostly decided by the government. Considering the Centre wants renewable power to have a 50% share in the country’s energy mix by 2030, it didn’t come as a surprise when NTPC announced two years ago that it would make a serious bid to increase its green-energy footprint. In October 2020, it set up a fully owned subsidiary, NTPC Renewable Energy

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