NTPC Green Energy subsidiary wins 193 MW wind project in MPPMCL tender

1 min read     Updated on 01 Jul 2026, 09:49 AM
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Ayana Renewable Power Private Limited, a wholly owned subsidiary of ONGC NTPC Green Private Limited, secured 193 MW capacity in a wind power tender conducted by Madhya Pradesh Power Management Company Limited (MPPMCL) at a tariff of ₹4.17/kWh. The e-reverse auction for 800 MW, including a greenshoe option, was concluded on June 30, 2026. ONGC NTPC Green Private Limited is a 50:50 joint venture between NTPC Green Energy Limited and ONGC Green Limited.

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Ayana Renewable Power Private Limited, a wholly owned subsidiary of ONGC NTPC Green Private Limited, has secured 193 MW capacity in a wind power tender conducted by Madhya Pradesh Power Management Company Limited (MPPMCL). The successful bid was finalized at a tariff of ₹4.17/kWh. This development follows an e-reverse auction aimed at purchasing 800 MW of wind power through a competitive bidding process, which included a greenshoe option for additional capacity.

The tender, titled "Purchase of 800 MW Wind Power Through Competitive Bidding Process Followed By e-Reverse Auction from Projects Setup Anywhere in India with 'Greenshoe Option' of Additional Capacity Upto 100% (800 MW)", saw Ayana emerge as a successful bidder. The auction was concluded on June 30, 2026. The secured capacity of 193 MW will contribute to the renewable energy portfolio of the joint venture between NTPC Green Energy and ONGC Green Limited.

ONGC NTPC Green Private Limited is a 50:50 joint venture between NTPC Green Energy Limited and ONGC Green Limited. Ayana Renewable Power Private Limited operates as a wholly owned subsidiary of this joint venture entity. The disclosure regarding this award was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Details

Parameter Details
Project Capacity 193 MW
Tariff ₹4.17/kWh
Bidder Ayana Renewable Power Private Limited
Tender Authority Madhya Pradesh Power Management Company Limited
Auction Date June 30, 2026

Historical Stock Returns for NTPC Green Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-2.48%-1.91%-7.13%-1.36%-13.34%-23.82%

How will the secured tariff of ₹4.17/kWh impact Ayana's profit margins compared to recent industry benchmarks?

What is the expected timeline for the commissioning of the 193 MW wind power project?

Will the joint venture exercise the greenshoe option to secure additional capacity from this tender?

NTPC Green Energy adds 50 MW solar capacity in Rajasthan

0 min read     Updated on 13 Jun 2026, 01:23 AM
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NTPC Green Energy declared the commercial operation of a 50 MW solar capacity in Rajasthan effective June 14, 2026. This addition increases the group's total installed capacity to 10,671.40 MW. The project is part of a 300 MW solar component owned by a step-down subsidiary of ONGC NTPC Green Private Limited.

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NTPC Green Energy has declared the commercial operation of a 50 MW solar capacity in Rajasthan, effective from 00:00 hrs on June 14, 2026. This development increases the total installed capacity of the NTPC Green Energy Limited Group to 10,671.40 MW. The disclosure was made to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The newly commissioned capacity is the third part of a 300 MW solar component within a larger 200 MW Renewable Energy (RE) Round The Clock (RTC) project. The project is located in Rajasthan and is owned by Project Sixteen Renewable Power Private Limited, a step-down subsidiary of the joint venture ONGC NTPC Green Private Limited. With this latest addition, the cumulative solar capacity for this specific project component has reached 250 MW.

Capacity Details

Metric Details
New Capacity Added 50 MW
Cumulative Solar Capacity (Project) 250 MW
Total Group Installed Capacity 10,671.40 MW
Commercial Operation Date June 14, 2026

Historical Stock Returns for NTPC Green Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-2.48%-1.91%-7.13%-1.36%-13.34%-23.82%

What is the projected timeline for commissioning the remaining 50 MW to complete the 300 MW solar component?

How will the completion of the remaining capacity impact the financial performance of the ONGC-NTPC joint venture?

What are the power purchase agreement (PPA) tariffs secured for this Renewable Energy Round The Clock project?

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