NTPC Advances Energy Storage and Renewable Projects with New Capacity Goals
NTPC Limited is enhancing its energy storage capabilities, targeting a total of 60 GW of renewable energy capacity by 2032. The company is constructing 5 GWh of BESS and nearly 18 GW of pumped storage projects to facilitate renewable integration and grid stability.
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NTPC Limited is expanding its energy storage and renewable energy initiatives, with current projects including 5 GWh of battery energy storage systems (BESS) at thermal power stations. The company is executing 1,320 MW of battery storage projects, consisting of 320 MW standalone and 1,000 MW co-located with solar assets.
Additionally, NTPC is developing a pumped storage hydro pipeline totaling nearly 18 GW in collaboration with subsidiaries. As of FY26, NTPC Group's renewable capacity reached 12,060 MW, with NGL contributing significantly.
The firm aims for 8 GW annual additions, with projections of 8,237 MW in FY27 and 8,135 MW in FY28, while considering inorganic acquisitions to expedite growth. Transmission connectivity remains a challenge, with only 57% secured for FY27 projects.
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