NTPC plans to take green energy arm public in 2024-25

India's largest power producer NTPC Ltd expects its green energy arm to go public in the fiscal year ending in March 2025, a senior company executive said on Tuesday.

The state utility also plans to add 4-5 gigawatts (GW) of renewable power and 3 GW of coal-fired power capacity during the same period, said the executive, who declined to be identified as the information has not been made public yet.

NTPC's capital expenditures in FY25 are expected to reach Rs 30,000 crore ($3.61 billion), of which Rs 22,000 crore will be raised through loans and green bonds, the official said on the sidelines of the India Energy Week conference in Goa.