1. NTPC has ambitious plans to increase its power generation capacity to 128 GW by 2032 through both standalone projects and subsidiaries/joint ventures. 2. Major challenges in executing power projects on time include delays in obtaining power purchase agreements, land acquisition, environmental clearances, water linkage approvals, and coal linkages. 3. Delays in project execution lead to increased interest during construction costs, loss of return on equity, and disallowance of capital costs by regulators if projects are not completed on time. This negatively impacts NTPC's profits and cash flows.