India's biggest electricity generating company NTPC was required by the government to award contracts for four more coal-fired power projects over the next three years. These four projects will add 4.8 GW of electricity generation capacity to the country.
All these four projects will be expansion projects wherein additional units will be added to the existing thermal power plants.
The expansion plan comes at a time when the Central Electricity Authority (CEA) has stated that India expects its annual power demand to grow at an average of 7.2% over five years ending March 2027.
This nearly doubles the growth rate of over 4% seen during the last five years till March 2022.
(Writing by Rebecca Liu Editing by Tammy Yang)
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