NTPC Announces Senior Management Changes with Executive Director's Superannuation

NTPC Limited has notified stock exchanges regarding significant changes in its senior management structure, with key personnel cessations effective 30th April 2026. The announcement comes as part of the company's regulatory compliance obligations under SEBI guidelines.

Senior Management Transitions

The power generation major has reported the cessation of two senior management positions through an official communication to BSE Limited and National Stock Exchange of India Limited. The changes involve leadership positions at the executive and general management levels.

Position	Name	Type of Change
Executive Director	Shri Kariveda Narasimha Reddy	Cessation - Superannuating on 30th April 2026
Chief General Manager	Shri Anuj Kush	Cessation

Regulatory Compliance

The notification has been filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to disclose material events and information that could impact investor decisions, including changes in senior management positions.

The formal communication was signed by Company Secretary and Compliance Officer Ritu Arora, bearing membership number F5270. The document was digitally signed and dated 30th April 2026, ensuring proper authentication and compliance with corporate governance standards.

Corporate Communication

NTPC's corporate communication was addressed to both major Indian stock exchanges where the company's shares are listed. The company trades under scrip code 532555 on BSE and symbol NTPC on NSE, with ISIN code INE733E01010. As a Government of India enterprise, NTPC maintains strict adherence to disclosure requirements and transparency standards expected from public sector undertakings.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.54%	-1.54%	+6.26%	+14.86%	+11.82%	+287.34%

NTPC has announced the declaration of Commercial Operation Date (COD) for the seventh part capacity of 90 MW from its 1200 MW Khavda-II Solar PV Project located in Gujarat. The project is operated by NTPC Renewable Energy Limited, a stepdown subsidiary of NTPC Limited through NTPC Green Energy Limited (NGEL).

Commercial Operations Commence

The 90 MW capacity of the Khavda-II Solar PV Project has been declared commercially operational effective from 00:00 hrs of April 25, 2026. This represents the seventh part capacity of the larger 1200 MW solar project being developed in phases in Gujarat.

Updated Capacity Figures

Following this development, NTPC's capacity metrics have been updated across different operational levels. The addition of this solar capacity has strengthened the company's renewable energy portfolio and overall power generation capabilities.

Parameter	Capacity (MW)
New Solar Capacity Added	90
NTPC Group Total Installed Capacity	89,705
NTPC Group Commercial Capacity	88,625
NGEL Group Commercial Capacity	10,363.90
NGEL Group Total Installed Capacity	10,453.90

Project Structure and Subsidiaries

The Khavda-II Solar PV Project is being executed through NTPC's subsidiary structure, with NTPC Renewable Energy Limited serving as the project implementation entity. NTPC Renewable Energy Limited operates as a wholly owned subsidiary of NTPC Green Energy Limited, which in turn is a subsidiary of NTPC Limited.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both NTPC Limited and NTPC Green Energy Limited have filed the necessary disclosures with stock exchanges regarding this operational milestone.

The successful commissioning of this 90 MW capacity demonstrates NTPC's continued progress in implementing large-scale renewable energy projects and expanding its clean energy footprint across India.