NTPC Green Energy unit signs 1,200 MW solar PPA with PTC India
NTPC Green Energy's wholly owned subsidiary, NTPC Renewable Energy Ltd, signed a Power Purchase Agreement with PTC India Limited on July 3, 2026, for the sale of 1,200 MW of solar power under a bilateral arrangement. The agreement aims to advance clean and sustainable energy in India.

*this image is generated using AI for illustrative purposes only.
NTPC Green Energy 's wholly owned subsidiary, NTPC Renewable Energy Ltd (NTPC REL), has signed a Power Purchase Agreement (PPA) with PTC India Limited for the sale of 1,200 MW of solar power under a bilateral arrangement. The agreement was signed on July 3, 2026, marking a significant milestone in strengthening collaboration between the two organizations to promote clean and sustainable energy in India.
Key Details of the Agreement
The PPA was executed between NTPC REL as the seller and PTC India Limited as the buyer. The following table outlines the key parameters of the agreement:
| Aspect | Details |
|---|---|
| Seller | NTPC Renewable Energy Ltd |
| Buyer | PTC India Limited |
| Capacity | 1,200 MW |
| Energy Type | Solar Power |
| Arrangement Type | Bilateral |
The agreement was exchanged in the presence of Dr. Manoj Kumar Jhawar, MD & CEO (PTC) and Dr. J. S. Chandok, CEO (ONGPL), along with other senior officials of NGEL/NTPC REL and PTC India Limited. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for NTPC Green Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.19% | -2.46% | -6.28% | +3.68% | -12.36% | -22.65% |
What is the timeline for the commissioning of the 1,200 MW solar capacity under this agreement?
How will this bilateral PPA impact NTPC Green Energy's revenue projections for the current fiscal year?
What are the tariff rates agreed upon in this PPA compared to recent solar power auctions in India?































