NTPC tempers growth in coal-fired capacities, meets under 25% of FY19 goal

In 2018-19, the PSU major signalled intentions of abandoning coal-based projects amounting to 9.3 Gw in Andhra Pradesh, West Bengal and Odisha

The country's sagging growth in new capacity additions in coal-fired power seemed to have rubbed on state controlled NTPC Ltd, the largest power generator.

Between 2012-13 and 2015-16, the country had added as much as 20 Gw of coal-fired power each year. The growth has subsided over the past three years, with last fiscal adding a net capacity of only 1.2 Gw.

According to a study by US-based research organisation, Institute for Energy Economics & Financial Analysis (IEEFA), NTPC too has jumped on the bandwagon of tepid additions in coal-based power. In 2018-19, NTPC signalled intentions of abandoning coal-based projects amounting to