NTPC bullish on power demand, to add 24 GW at Rs 1.6 lakh cr

Amid global economic uncertainty, state-owned remains sanguine about domestic electricity demand and has planned a total capacity addition of 24 GW entailing an investment of Rs 1.6 lakh crore.

“Various projects of the company having an aggregate capacity of around 24 GW are under implementation at 23 locations across the country,” CMD Gurdeep Singh said while addressing the company AGM today.

Singh said, “This (24 GW) includes 4,050 MW being undertaken by joint venture and subsidiary companies. This translates into a capex of about Rs 1,60,000 crore.”

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