NTPC Limited's subsidiary NTPC Green Energy Limited (NGEL) has successfully commissioned 168.02 MW of additional solar capacity through two renewable energy projects in Gujarat, marking continued progress in the company's green energy expansion. The commercial operation declarations were made on March 31, under SEBI Regulation 30 disclosure requirements.

Project Details and Latest Commissioning

The latest capacity additions comprise two distinct phases of solar photovoltaic projects operated by NTPC Renewable Energy Limited, a wholly owned subsidiary of NGEL:

The Khavda-I project represents the completion of the twelfth and final phase of the 1,255 MW solar installation, while the Khavda-II project marks the sixth phase of capacity addition from the larger 1,200 MW solar development, both located in Gujarat.

Enhanced Capacity Metrics

The commissioning of these projects has resulted in substantial capacity increases across the NTPC group structure:

Previous Capacity Additions

Earlier in March, NGEL had commissioned 180 MW of solar capacity through the Bhadla Solar PV Project in Rajasthan (75 MW) and an earlier phase of the Khavda-II project in Gujarat (105 MW), demonstrating consistent execution of renewable energy projects across multiple states.

Regulatory Compliance and Documentation

The commercial operation declarations were made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30. The disclosures were signed by Company Secretary and Compliance Officer Ritu Arora for NTPC Limited and Deepak C S for NTPC Green Energy Limited.

Both projects achieved commercial operation status with proper certification from relevant authorities, ensuring full regulatory compliance for the capacity additions. The phased approach to project commissioning demonstrates systematic execution of large-scale renewable energy developments.

Corporate Structure and Strategic Progress

NTPC Green Energy Limited operates as a subsidiary of NTPC Limited, with NTPC Renewable Energy Limited functioning as a step-down subsidiary through NGEL. This corporate structure enables focused development and operation of renewable energy projects while maintaining integration with the broader NTPC group operations.

The successful commissioning of these solar projects reinforces the group's commitment to expanding renewable energy capacity and contributes to India's clean energy objectives through utility-scale solar installations across Gujarat and Rajasthan.

NTPC Limited has announced a senior management change with the superannuation of Shri Arindam Sinha, who serves as Regional Executive Director. The power sector major informed stock exchanges about this cessation under regulatory compliance requirements.

Management Transition Details

The company has notified both BSE Limited and National Stock Exchange of India Limited about the senior management change pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The notification was officially communicated to the stock exchanges on 30th March 2026, one day prior to the effective date of superannuation. The document was digitally signed by Ritu Arora, Company Secretary & Compliance Officer, with membership number F5270.

Stock Exchange Communication

NTPC has fulfilled its disclosure obligations by informing both major Indian stock exchanges:

• BSE Limited: Scrip Code 532555
• National Stock Exchange: Scrip Code NTPC

The company maintains transparency in its corporate governance practices by promptly notifying stakeholders about significant management changes. This superannuation represents a natural transition as part of the organization's succession planning process.

The notification serves to keep investors and market participants informed about changes in the company's senior management structure, ensuring compliance with regulatory requirements for listed entities.