NTPC Green Energy Limited (NGEL) has announced a significant milestone in its renewable energy portfolio expansion. The company declared that 12.5 MW of solar capacity from its 37.5 MW project in Bhuj, Gujarat, has commenced commercial operations, effective October 17, 2025. This addition marks a notable step in NGEL's commitment to green energy initiatives.

Project Details

The solar project, operated by Ayana Renewable Power Four Private Limited, showcases the intricate structure of NGEL's renewable energy ventures:

• Project Location: Bhuj, Gujarat
• Total Project Capacity: 37.5 MW
• Newly Operational Capacity: 12.5 MW
• Operator: Ayana Renewable Power Four Private Limited
  • Subsidiary of Ayana Renewable Power Pvt. Ltd.
  • Ayana Renewable Power Pvt. Ltd. is a wholly-owned subsidiary of ONGC NTPC Green Private (Joint Venture)

Capacity Milestone

This latest addition has propelled NTPC Green Energy Limited Group's total installed capacity to new heights:

The expansion aligns with India's push towards increasing its renewable energy capacity and reducing carbon footprint. NTPC Green Energy Limited continues to contribute significantly to this national objective.

Corporate Governance and Transparency

In adherence to regulatory requirements, NTPC Green Energy Limited promptly disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's commitment to timely and transparent communication with its stakeholders is evident from the official announcement made to both the National Stock Exchange of India Limited and BSE Limited.

As the renewable energy sector in India continues to evolve, developments like these underscore the dynamic nature of the market and the ongoing efforts of major players to expand their green energy portfolios. Investors and industry observers will likely keep a close watch on NTPC Green Energy Limited's future projects and their potential impact on the company's market position in the renewable energy space.

NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has made significant strides in expanding its renewable energy portfolio through strategic partnerships both internationally and domestically. The company has recently signed two important Memorandums of Understanding (MoUs), showcasing its commitment to India's green energy transition and global decarbonization efforts.

International Collaboration with ENEOS Corporation

NGEL signed an MoU with Japan's ENEOS Corporation at the World Expo 2025 in Osaka, Japan. This partnership aims to explore the delivery of Green Methanol and Green Hydrogen derivative products to ENEOS.

Key aspects of the ENEOS partnership include:

• Focus on NGEL's Green Hydrogen Hub at Pudimadaka, Andhra Pradesh
• The hub spans 1200 acres and is being developed as an integrated center for green chemicals production and export
• Combines ENEOS's demand for hydrogen derivative products with NGEL's renewable energy initiatives

Domestic Expansion in Gujarat

In a separate development, NTPC Renewable Energy Limited (NTPC REL), a wholly-owned subsidiary of NGEL, signed an MoU with the Government of Gujarat. This agreement focuses on the development of renewable energy projects within the state.

Details of the Gujarat MoU:

The MoU was exchanged during the Vibrant Gujarat Regional Conference held at Mehsana, Gujarat, underlining the state's commitment to renewable energy development.

NGEL's Ambitious Targets

These partnerships align with NGEL's ambitious target of achieving a 60 GW renewable energy portfolio by 2032. The company's initiatives underscore its dedication to:

1. India's green energy transition
2. The global movement toward net-zero emissions
3. Expanding its footprint in both domestic and international markets

As NGEL continues to forge strategic partnerships and expand its renewable energy capacity, it is positioning itself as a key player in the global shift towards sustainable energy solutions. These recent developments demonstrate the company's proactive approach in addressing the growing demand for green energy and its commitment to contributing to India's renewable energy goals.