NTPC ties up with Africa50 to develop power projects across Africa
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NTPC ties up with Africa50 to develop power projects across Africa
The two organisations signed a cooperation agreement on October 15 to identify, assess and develop commercially
- NTPC partnered with Africa50 for African power projects.
- Partnership aims to boost cross-border <a href="https://absafricatv.com/ntpc-partners-with-africa50-to-develop-power-projects-explore-electricity-trade-across-africa/” title=”NTPC partners with Africa50 to develop power projects, explore electricity trade across Africa”>electricity trade.
- NTPC plans to expand its total capacity to 149 GW by 2032.
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NTPC Ltd, India’s largest power utility, has partnered with African infrastructure investor Africa50 to identify and develop power-generation projects and cross-border electricity trading opportunities across the continent as the state-run company looks to expand its international footprint.
The two organisations signed a cooperation agreement on October 15 to identify, assess and develop commerciallyrtise in engineering, project development, construction and operations with Africa50’s project financing capabilities and network of government relationships to take identified opportunities towards implementation
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Under the agreement, NTPC will assess project feasibility and develop technical solutions, while Africa50 will identify priority projects, structure them for investment and support their development. The partnership will also explore opportunities for cross-border electricity trade between African countries.
However, the agreement does not specify the countries where projects will be developed, the investment envisaged or the implementation timeline. The two organisations said projects would be taken up in mutually agreed countries.
“Combining NTPC’s technical and operational experience with Africa50’s project development capabilities and relationships across the continent creates a strong foundation for supporting reliable power supply and regional electricity trade,” NTPC Chairman and Managing Director Gurdeep Singh said.
Africa50 Group Chief Executive Officer Alain Ebobisse said the partnership would seek to translate public-sector ambitions into investment-ready power projects, supporting industrial growth, regional trade and job creation.
NTPC has an installed capacity of more than 91.5 GW across conventional and renewable energyncluding 60 GW of renewable energy. The company is also expanding its presence across the power value chain, including energy storage, power trading and consultancy
Africa50, which invests in infrastructure projects across Africa, has 39 shareholders, including 34 African countries, the African Development Bank and other financial institutions.
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first published: Oct 15, 2026 07:00 pm
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