New Delhi, Nov. 19 -- India's biggest power generation utility is eyeing a jump in investments in the green energy space to Rs.5 trillion by 2030, according to two people with knowledge of the development. The earlier plan was to invest about Rs.1 trillion by FY27.

The investments would be made under state-owned NTPC Ltd's renewable energy arm, NTPC Green Energy Ltd (NGEL), which is set to launch its Rs.10,000 crore initial public offering (IPO) on Tuesday.

The monies would go toward building capacities in renewable power generation (solar and wind), green hydrogen, green ammonia, green methanol, ethanol, sustainable aviation fuel, green urea and energy storage capacities, including both battery storage and pump storage projects (PSPs)....