India’s Largest Utility Provider Sets Ambitious Renewable Energy Goal

NTPC Limited, the biggest utility in India which generates much of the power from coal, is almost doubling its target for installed renewables capacity by 2032, the company said at a conference call this weekend. NTPC aims to have as much as 60 gigawatts (GW) of installed renewable energy capacity by 2032, up from a previous target of 32 GW, finance director A.K. Gautam said on the call, as carried by Bloomberg. The largest Indian utility, however, is still reviewing how the new ambitious renewable energy goal would change its previous plans for…