NTPC approves ₹5,821.9 crore battery storage project
pre-market1 source ↓written by the desknot a recommendation
- investment
- ₹5,821.90 crore
- equity
- ₹3,173.67 crore
NTPC Limited's Board approved a ₹5,821.90 crore investment for a 4.70 GWh Battery Energy Storage System to enhance grid stability and renewable energy integration. This project is crucial for peak demand management and reliable power supply as India transitions to cleaner energy sources. Additionally, the board sanctioned ₹3,173.67 crore equity in the Meja joint venture.
Not investment advice. For informational purposes only.