New Delhi, July 16 -- Prime Minister Narendra Modi-chaired CCEA, in a meeting on Wednesday, granted enhanced autonomy to Maharatna company NTPC to make investments up to Rs 20,000 crore for renewable energy capacity addition, against the current Rs 7,500 crore, to achieve a 60 GW capacity by 2032.

The enhanced delegation given to NTPC and its subsidiary NGEL will facilitate accelerated development of renewable projects in the country.

This move will also play a vital role in strengthening power infrastructure and ensuring investment in providing reliable, round-the-clock electricity access across the nation.

Renewable energy projects will also generate direct and indirect employment opportunities to the local people at construction sta...