Overview

• The Prime Minister-chaired Cabinet Committee on Economic Affairs lifted NTPC’s green arm investment cap from ₹7,500 crore to ₹20,000 crore to drive 60 GW of renewable capacity by 2032.
• NLC India won a special exemption from Navratna CPSE rules to pump ₹7,000 crore into NLC India Renewables without prior approvals or the 30% net worth limit.
• These approvals underpin India’s COP26 Panchamrit pledges to reach 500 GW of non-fossil energy by 2030 and achieve net-zero emissions by 2070.
• NTPC Green Energy’s existing 32 GW portfolio—6 GW operational, 17 GW awarded and 9 GW in the pipeline—will be channelled through NTPC Renewable Energy and joint ventures for faster rollout.
• Officials say the measures will speed renewable project development, bolster round-the-clock power access and create local jobs during construction and operations.