NTPC plans to add 58 gigawatts (GW) of installed power generation capacity by 2032, taking its total capacity to 149 GW, Chairman Gurdeep Singh said at the KPMG ENRich 2026 event on Tuesday. The expansion will include multiple energy sources, including renewables and nuclear power.
Singh said NTPC currently has 91 GW of installed generation capacity. The proposed addition would increase the company’s capacity by nearly two-thirds over the next six years, strengthening the role of India’s largest power generation company in meeting rising electricity demand.
The company is also accelerating its plans for nuclear capacity. Singh said NTPC has a long-term target of developing about 30 GW of nuclear capacity as part of a broader 250 GW capacity plan for 2037. “We have very clear direction…now going fast in nuclear capacity addition,” he said.
NTPC has completed feasibility studies for proposed nuclear projects in Madhya Pradesh, Bihar and Odisha, according to information cited in the report. The company is expected to identify additional locations in other states as it develops its nuclear expansion plans. The announcement does not specify project costs, construction timelines, individual plant capacities or the regulatory approvals required for the proposed facilities.
The planned expansion comes as electricity demand continues to rise. Singh said power demand increased by 21 per cent in October and has been increasing every month. He also said India had not experienced the scale of energy-price surge seen in other parts of the world despite continuing global turmoil.
NTPC, which operates under the Ministry of Power, supplies about one-fourth of India’s energy demand, according to the company’s chairman. Its proposed capacity increase therefore extends beyond a corporate growth plan: it is linked to the country’s ability to provide reliable electricity to homes, businesses, industry and expanding urban areas.
The mix of technologies will determine how the expansion affects India’s electricity system. Renewable generation can add capacity without the same direct emissions profile as fossil-fuel generation, while nuclear power is intended to provide steady electricity supply. However, the source report does not provide a detailed technology-wise split for the 58 GW planned by 2032.
NTPC’s next steps include advancing nuclear plans in the three states where feasibility studies have been completed and scouting for further locations. Details on project approvals, financing, construction schedules and the final capacity mix remain to be announced.
