Sharing further details, they said that this breakthrough involved excavating 1,748 meters of tunnel from Phase 02 and 981 meters from Phase 03. With this success, 9.7 kilometres of excavation has been completed so far in the 12.1 kilometre long head race tunnel, which is about 80 per cent of the total excavation, they further said.

They claimed that braving the extremely challenging geological conditions, hard rock formations and complex underground construction conditions of the Himalayan region, the engineers and workforce, associated with the project, had demonstrated technical expertise, determination and commitment to safety and quality.

The documents were formally exchanged in the presence of top corporate leaders, including Dr. Manoj Kumar Jhawar, Managing Director and CEO of PTC India Limited, Dr. J. S. Chandok, CEO of ONGPL, along with Pankaj Goel, Executive Director and CFO of PTC, HL Choudhary, Executive Vice President of Commercial, and other senior management officials representing NTPC Renewable Energy Limited and NTPC Green Energy Limited. This strategic alliance significantly accelerates the shared decarbonization goals of both public sector giants, establishing a robust supply framework for green electricity to support the nation’s sustainable infrastructure development.

NTPC showcased a range of renewable energy and sustainability-focused innovations before the high-level delegation, highlighting opportunities for enhanced cooperation between India and Myanmar in the energy sector. The delegation toured NETRA’s advanced pilot facilities, including a 4 MW/1 MWh solar microgrid, a 3 MWh vanadium redox flow battery energy storage system, a green hydrogen hub, and an agri/municipal solid waste gasification-to-power plant. According to NTPC, the visit underscored India’s progress in renewable energy, energy storage, green hydrogen, and waste-to-energy technologies, while paving the way for greater collaboration through technology exchange, capacity building, and sustainable energy development.

Gracing the occasion, Shri Gurdeep Singh, Chairman and Managing Director, NTPC Limited, spoke about the evolving energy transition scenarios and the opportunities available for NTPC in this changing landscape. Shri Jaikumar Srinivasan, Director (Finance) made a presentation highlighting NTPC’s transformation into an integrated energy conglomerate.

Through a series of presentations, NTPC and its group entities showcased their commitment to sustainable growth aligned with the Viksit Bharat vision of the Government of India. Leading credit rating agencies, such as Moody’s, S&P Global Ratings, Fitch Ratings, and CAREdge shared their perspectives on India’s sovereign rating, the power sector, and NTPC’s credit profile.

The meet also featured an interactive question-and-answer session, during which NTPC’s management addressed queries and observations raised by participants. The event was attended by NTPC’s senior leadership team, along with CEOs and CFOs of major group companies.

The Lenders’ Meet enabled meaningful engagement between NTPC, its group companies, lenders, and credit rating agencies, reinforcing mutual trust and collaboration in support of the company’s future growth plans.

NTPC currently operates over 85 GW of installed capacity, with 32 GW under construction, and has set an ambitious target to scale up to 149 GW, including 60 GW of renewable energy capacity, by 2032, and further to 244 GW by 2037. The roadmap envisages a capital expenditure of approximately Rs 7 lakh crore, with expansion plans across energy storage systems, pumped storage projects, nuclear power, green hydrogen, and chemicals.

With a diverse portfolio of thermal, hydro, solar, and wind power plants, NTPC is dedicated to delivering reliable, affordable, and sustainable electricity to the nation. The company is committed to adopting best practices, fostering innovation, and embracing clean energy technologies for a greener future.