NTPC enters electric vehicle charging business

State-owned energy and power firm - NTPC (National Thermal Power Corporation) has forayed into the electric vehicle charging system. The company has installed its first set of EV chargers at its offices in Delhi and Noida.

In addition to the company offices, the firm is planning to set up similar charging stations across various locations in Delhi NCR in the near future. NTPC is further looking ahead to introduce this venture in other cities as well, once demand for electric vehicle chargers increases.

NTPC is one of the major power suppliers of the country, with an installed power generation capacity of 51,410 MW. It amounts to 15% of the country's total power generation. In its attempt to switch to unconventional power resources, NTPC is targeting to generate 30% of its total power from non-fossil fuel based resources by the year 2032.

Source: ET Auto