NTPC CEO told NDTV Profit the company is betting on battery storage and sees current power shortage as temporary, driven by peak-hour demand

Thu 8 Oct 2026

Units traded FY26

46 billion units

Growth target FY27

55 billion units

Storage mandate

3000 megawatt hour

Storage target this year

1000 megawatt hour

Heard on business television between 13:14:35 - 13:17:35 IST.

• NTPC executive said the company has trading opportunities amid rising power prices but availability in the market is tight as most capacity is tied up.
• Said NTPC has captive mines and one commercial mine under development, which has reduced coal crisis impact.
• Noted NTPC traded over 46 billion units in FY26 and targets 55 billion units in FY27.
• Said power shortage is only during peak hours and NTPC is surplus during the day, calling the issue temporary and pointing to storage as key.
• Said NTPC and group entity are targeting up to 1,000 megawatt hour of storage this year, part of a broader mandate for 3,000 megawatt hour, aided by government push and domestic manufacturing.

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