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Covid-19 restricts Indian utility NTPC's expansion

Plans by Indian state-controlled utility NTPC to add more thermal power generation capacity could be restricted in the short term by a shortage of construction workers because of the Covid-19 pandemic.The company has set a target to build coal-fired power stations totalling 5.54GW of generation capacity in the 2020-21 fiscal year ending 31 March. But the company now expects to be only able to add at least 4.74GW of the target because of a shortage of workers, said its commercial director Anand Kumar Gupta after the firm released its January-March results.NTPC added a record capacity of 8.26GW in 2019-20 but this was lifted by hyower and wind assets totalling 3GW that it bought. It aims to add 6.88GW generation capacity in 2021-20.The compan.....

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