NTPC, Coal India and ONGC Plan ₹85,000 Crore Green Transition Outlay

State-owned energy powerhouses NTPC, Coal India, and ONGC have formally committed an ₹85,000 crore capital expenditure program over the next three years to fast-track renewable energy deployment.

The tripartite initiatives encompass 10 gigawatts of hybrid solar-wind installations, offshore wind exploration along the eastern seaboard, and pilot green hydrogen blending plants.

This concerted public sector transition aligns with India's national commitment to achieve 500 gigawatts of non-fossil fuel capacity by 2030, enhancing energy security while decarbonizing the power grid.