NTPC subsidiary THDC declares COD of 11 MWac Floating Solar Plant at Khurja STPP

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Reviewed by
Suketu GScanX News Team
Key Highlights

THDC India Limited, a subsidiary of NTPC, announced the commercial operation declaration of an 11 MWac Floating Solar Plant located at the Raw Water Reservoir of Khurja STPP effective July 17, 2026. Consequently, THDC's total installed and commercial capacity has risen to 3,918 MW, contributing to the NTPC Group's overall installed capacity of 90,965 MW and commercial capacity of 89,885 MW.

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THDC India Limited , a subsidiary of NTPC, declared the commercial operation of an 11 MWac Floating Solar Plant at the Raw Water Reservoir of Khurja Super Thermal Power Project (STPP) on July 17, 2026. The declaration follows successful commissioning and the receipt of due approvals, marking a further expansion in the company's renewable energy portfolio. This addition elevates the total installed and commercial capacity of THDC India Limited to 3,918 MW.

Capacity Expansion

With the commissioning of this solar facility, the NTPC Group's overall power generation capacity has increased. The group's total installed capacity now stands at 90,965 MW, while the commercial capacity has reached 89,885 MW. The project contributes to the growing share of renewable energy within the group's total energy mix.

Project Details

The Floating Solar Plant is situated on the Raw Water Reservoir of the Khurja STPP. The unit utilizes floating solar technology to generate electricity, optimizing land and water resource usage. The following table summarizes the capacity details across entities following this commissioning:

Entity Capacity (MW) Type
THDC India Limited 3,918 Total Installed & Commercial
NTPC Group 90,965 Total Installed
NTPC Group 89,885 Total Commercial
Khurja STPP Project 11 Floating Solar (MWac)

Historical Stock Returns for NTPC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.15%-0.15%-2.60%-9.58%+0.21%+199.38%

What are THDC India Limited's future targets for floating solar capacity within the NTPC Group?

How will the integration of floating solar technology at Khurja STPP impact the plant's overall operational efficiency?

What financial benefits or cost savings does the NTPC Group anticipate from optimizing land and water resources with floating solar?

NTPC Board Approves Plan to Raise ₹12,000 Crore Through NCDs, Awaiting Shareholder Approval

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Reviewed by
Jubin VScanX News Team
Key Highlights

NTPC's board has approved a plan to raise ₹12,000 crore through Non-Convertible Debentures (NCDs). The proposal is subject to shareholder approval before it can be implemented. The fundraising represents NTPC's intent to tap debt capital markets, with the shareholder vote serving as the next key milestone in the process.

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NTPC has announced that its board of directors has approved a proposal to raise ₹12,000 crore through the issuance of Non-Convertible Debentures (NCDs). The fundraising initiative, however, remains contingent on receiving the requisite approval from the company's shareholders before it can be formally executed.

Fundraising Details

The board's approval marks a significant step in NTPC's capital-raising strategy via the debt markets. The key parameters of the proposed fundraise are outlined below:

Parameter: Details
Instrument: Non-Convertible Debentures (NCDs)
Proposed Amount: ₹12,000 crore
Board Approval Status: Approved
Shareholder Approval: Pending

Next Steps

The proposed NCD issuance will proceed to a shareholder vote, which represents the final regulatory and governance hurdle before the fundraising can be operationalised. The outcome of the shareholder approval process will determine the timeline for the actual issuance of the NCDs.

Historical Stock Returns for NTPC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.15%-0.15%-2.60%-9.58%+0.21%+199.38%

What specific projects or capital expenditures does NTPC intend to fund with the proceeds from this ₹12,000 crore issuance?

How will this additional debt impact NTPC's credit ratings and overall interest expense burden in the coming fiscal years?

What is the expected coupon rate for these NCDs given the current interest rate environment and the company's risk profile?

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1 Year Returns:+0.21%