See total ranking


NTPC Ltd is a diversified energy company headquartered in India. It is publicly listed, with 51.02% held by the government of India. In 2019, its revenue was US$13.42 billion and installed capacity was 62.11 GW. NTPC is India's largest electric power generation company. Its plans to expand its renewable capacity are undermined by its intention to expand coal generation.

Ranking position
#39 /50
Total score
4.3 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-50)


0.0 /4 #33

Material Investment

1.2 /7 #40

Intangible Investment

0.0 /2 #19


0.9 /4 #31

Policy Engagement

0.8 /1 #3

Business Model

1.4 /2 #22

Leading practice

Risks and opportunities


NTPC is awarded a trend score of =. If the company were reassessed in the near future, its score would likely stay the same. NTPC’s emissions intensity is expected to increase from 2018 to 2023, and its locked-in emissions from current and planned assets mean it is expected to strongly exceed its carbon budget between 2018 and 2033. This is primarily due to the locked-in emissions from current and planned coal assets. NTPC has set a target to expand its low-carbon generation to 30% of total capacity by 2032, which could have a significant impact on its overall emissions intensity. The company is taking steps to achieve this expansion by announcing a renewable joint venture with Oil and Natural Gas Corp. focused on offshore wind. This demonstrates some shift in NTPC’s business model.

Progress towards the Paris Agreement

See results for

  1. 2021
  2. 2023

More about the company

New Delhi, India
Ownership structure
Publicly listed, with 51.02% held by the government of India
Group revenue
US$13.42 billion (2019)
Installed capacity
62.11 GW (2019)