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India's NTPC to Appoint New Renewables Head to Speed Transition

  • New executive to take over green power unit from next month
  • Emission control equipment making coal power costly for NTPC
A smokestack of the shut coal-fired NTPC Ltd. Badarpur Thermal Power Station stands in Badarpur, India.

A smokestack of the shut coal-fired NTPC Ltd. Badarpur Thermal Power Station stands in Badarpur, India.

Photographer: Prashanth Vishwanathan/Bloomberg

State-run NTPC Ltd., India’s largest coal-fired power producer, is appointing a new head of its renewables team to speed up its expansion into clean energy, according to a company official with knowledge of the plan.

Mohit Bhargava, currently a chief general manager for corporate planning, will start in the new role next week, said the official, asking not to be named as the information is private. The New Delhi-based generator may surpass its target of 32 gigawatts of renewable power capacity by 2032, he added.