NTPC Green Energy Limited has formalized a strategic partnership with PTC India Limited through a Memorandum of Understanding signed on 31st March 2026. The collaboration marks a significant development in India's renewable energy sector, focusing on expanding market opportunities for clean energy power sales.

Partnership Details

The MoU establishes a framework for exploring renewable energy power sale opportunities between the two organizations. The partnership details are outlined below:

Strategic Objectives

The collaboration aims to explore possibilities of renewable energy power sale from NTPC Green Energy Limited to PTC India Limited. The partnership will utilize:

• Bilateral arrangements for direct power trading
• Various market mechanisms to optimize renewable energy sales
• Strategic coordination between both organizations' expertise

Corporate Structure

NTPC Green Energy Limited operates as a subsidiary of NTPC Limited, positioning itself as a key player in India's renewable energy landscape. The company focuses on developing and managing renewable energy projects across various technologies and geographical locations.

Market Implications

This partnership represents a significant step in strengthening collaborative efforts within India's clean energy sector. The MoU creates opportunities for enhanced renewable energy market access and establishes a foundation for future business development between the two organizations. The collaboration leverages PTC India Limited's expertise in power trading and market operations alongside NTPC Green Energy's renewable energy generation capabilities.

NTPC Green Energy Limited has announced the commercial operation of an additional 168.02 MW solar capacity from its Khavda projects in Gujarat, marking significant progress in the company's renewable energy expansion. The declaration was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with operations commencing from 00:00 hours on March 31, 2026.

Latest Capacity Additions

The company has declared commercial operation for two separate project components. The first involves 78.02 MW capacity representing the twelfth and final part of the 1255 MW Khavda-I Solar PV Project. The second addition comprises 90 MW capacity from the sixth part of the 1200 MW Khavda-II Solar PV Project, both located in Gujarat.

Cumulative Capacity Growth

With these latest additions, NTPC Green Energy Limited Group has achieved substantial growth in its total installed capacity. The company previously had 105 MW from the fifth part of Khavda-II project that became operational on March 29, 2026, bringing the commercial capacity to 9,907.68 MW before the current additions.

Project Portfolio and Operations

The Khavda projects represent major components of NTPC Green Energy Limited's renewable energy portfolio in Gujarat. The Khavda-I project, with its total planned capacity of 1255 MW, has now reached completion with the commissioning of its final 78.02 MW segment. Meanwhile, the 1200 MW Khavda-II project continues its phased development with multiple parts already operational.

Both projects are operated by NTPC Renewable Energy Limited, which serves as a wholly owned subsidiary of NTPC Green Energy Limited. The company operates under the broader NTPC Limited corporate structure, focusing specifically on renewable energy development and operations across India.

Corporate Communication

The announcement was made through official communication dated March 30, 2026, signed by Deepak C S, Company Secretary and Compliance Officer of NTPC Green Energy Limited. The disclosure was submitted to both National Stock Exchange of India Limited (Trading Symbol: NTPCGREEN) and BSE Limited (Scrip Code: 544289) in compliance with regulatory requirements.