NTPC confident of meeting capacity expansion targets; eyes additional 10.5 GW by FY28

NTPC management said the company remains on track to meet its capacity addition targets, with clear visibility on project commissioning over the next three years.

In the Q2 FY26 earnings call, the management confirmed that the power major is geared up to achieve its overall capacity addition goal of 11.8 GW, which includes 4.5 GW of conventional and 11.2 GW of renewable capacity by FY2026.

For FY26, NTPC expects to add 9,844 MW of capacity, 219 MW on a standalone basis and 7,825 MW through joint ventures and subsidiaries. The company is targeting an additional 9,600 MW in FY27. By FY28, they plans to add 10,564 MW of new capacity, comprising 2,120 MW of thermal, 444 MW of hydro, and 8,000 MW of renewable energy projects.

The company said it has clear visibility on commercial operation d