NTPC Green Energy Declares COD for 62.5 MW Solar Projects in Rajasthan; Group Capacity Rises to 10,516.40 MW
NTPC Green Energy Limited declared commercial operation for two Rajasthan solar projects totalling 62.5 MW — 12.5 MW under Project Eleven Renewable Power and 50 MW under Project Sixteen Renewable Power, both step-down subsidiaries of the ONGC NTPC Green Private Limited joint venture. The declarations bring cumulative commissioned capacities to 100 MW and 200 MW for the respective projects, lifting the NTPC Green Energy Group's total installed capacity to 10,516.40 MW from 10,453.90 MW.

*this image is generated using AI for illustrative purposes only.
NTPC Green Energy Limited has declared commercial operation (COD) for two solar power projects located in Rajasthan, with a combined capacity of 62.5 MW, effective from 00:00 hrs of 15.05.2026. The declaration was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and communicated to stock exchanges on 14.05.2026. Both projects are held through step-down subsidiaries of the company's joint venture, ONGC NTPC Green Private Limited.
Project-wise Commercial Operation Details
The two projects achieving commercial operation are part of larger ongoing solar installations in Rajasthan. The following table summarises the key details of each project:
| Parameter: | Project 1 | Project 2 |
|---|---|---|
| Entity: | Project Eleven Renewable Power Private Limited | Project Sixteen Renewable Power Private Limited |
| Parent JV: | ONGC NTPC Green Private Limited | ONGC NTPC Green Private Limited |
| Total Project Capacity: | 150 MW | 300 MW |
| Part Declared COD: | Second part — 12.5 MW | Second part — 50 MW |
| Cumulative Capacity at COD: | 100 MW | 200 MW |
| Location: | Rajasthan | Rajasthan |
| Effective Date: | 15.05.2026 (00:00 hrs) | 15.05.2026 (00:00 hrs) |
Project Eleven Renewable Power Private Limited, a step-down subsidiary under the ONGC NTPC Green Private Limited joint venture, has declared the second part capacity of 12.5 MW of its 150 MW solar project, bringing the cumulative commissioned capacity of this project to 100 MW. Simultaneously, Project Sixteen Renewable Power Private Limited, another step-down subsidiary under the same joint venture, has declared the second part capacity of 50 MW of its 300 MW solar project, taking its cumulative commissioned capacity to 200 MW.
Impact on Group Installed Capacity
The addition of 62.5 MW from these two projects results in an increase in the total installed capacity of the NTPC Green Energy Limited Group. The table below captures the capacity position before and after the declarations:
| Capacity Metric: | Details |
|---|---|
| Pre-COD Group Capacity: | 10,453.90 MW |
| Capacity Added: | 62.5 MW |
| Post-COD Group Capacity: | 10,516.40 MW |
With the commercial operation of these projects, the total installed capacity of the NTPC Green Energy Limited Group stands at 10,516.40 MW, up from the previous level of 10,453.90 MW. The disclosure was signed by Deepak C S, Company Secretary & Compliance Officer of NTPC Green Energy Limited, and submitted to both the National Stock Exchange of India Limited and BSE Limited.
Historical Stock Returns for NTPC Green Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.39% | -1.16% | +3.61% | +9.66% | +5.77% | -11.23% |
When are the remaining capacities of Project Eleven (50 MW) and Project Sixteen (100 MW) expected to achieve commercial operation, and what factors could delay their commissioning timelines?
How does the ONGC NTPC Green Private Limited joint venture plan to finance the completion of its remaining solar pipeline, and could rising interest rates or equipment costs impact project economics?
With NTPC Green Energy's group capacity now exceeding 10.5 GW, what is the company's revised target for total installed renewable capacity by 2030, and which states or technologies will drive future growth?


































