Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
According to a top corporate executive, NTPC Ltd, India's largest power generator, plans to go public with its green energy unit in the fiscal year ending March 2025.
The state utility also intends to add 3 GW of coal-fired power capacity and 4 to 5 GW of renewable electricity during the same period, according to the executive, who asked not to be named since the information has not yet been made public.
According to an official at the India Energy Week conference in Goa, NTPC plans to invest ₹300 billion ($3.61 billion) in FY2024/2025, with ₹220 billion coming from loans and green bonds.
Also Read : Scindia will inaugurate Jindal Stainless's 1st green hydrogen place on Feb 27 Türkiye Advances $6.5-Billion Expansion of Its Multi-Layered “Steel Dome” Air Defence Network