ET reported that country's largest power generator NTPC has chalked out ambitious plans to take its capacity to over 128,000 MW by 2032.

Mr Arup Roy Choudhury CMD of NTPC while addressing the company's employees at a meeting said that "NTPC is currently working on many new projects for rapid capacity addition and plans to become a 128,000 MW plus company by 2032.”

The total installed capacity of NTPC is 34,854 MW, with 15 coal based, seven gas-based power stations and six joint-venture power projects located across India.

It is currently working on projects with a cumulative capacity of 40,000 MW, of which 14,000 MW is in various stages of implementation.

An official statement said that these plants generated 220.54 billion units of electricity during 2010-11, contributing more than 27% of total electricity generated in India with about 18% share of country’s total installed capacity.

The company also recently tied up a syndicated loan worth INR 2,341 crore from a consortium of Indian banks for its 390 MW Muzaffarpur thermal power project in Bihar.

(Sourced from ET)