NTPC Green Energy Limited (NGEL) has announced a significant expansion of its renewable energy portfolio with the addition of 50 MW solar capacity in Bhuj, Gujarat. The new capacity, which became commercially operational on August 24, 2025, is part of a larger 150 MW solar project in the region.

Project Details

The 50 MW solar facility is operated by Ayana Renewable Power Four Private Limited, a subsidiary of Ayana Renewable Power Pvt. Ltd. Notably, Ayana Renewable Power Pvt. Ltd. is a wholly-owned subsidiary of ONGC NTPC Green Private, a joint venture company.

Capacity Milestone

This latest addition marks a notable milestone for NTPC Green Energy Limited Group:

Strategic Importance

The expansion aligns with NTPC Green Energy's commitment to enhancing its renewable energy footprint. This move is particularly significant as it contributes to India's growing focus on clean energy sources and sustainable power generation.

Corporate Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, NTPC Green Energy Limited officially disclosed this development to the National Stock Exchange of India Limited and BSE Limited on August 22, 2025.

Company Profile

NTPC Green Energy Limited, with its corporate office in Greater Noida, Uttar Pradesh, and registered office in New Delhi, is at the forefront of India's green energy transition. The company continues to expand its renewable energy portfolio, contributing to the nation's sustainable energy goals.

This latest development underscores NTPC Green Energy's ongoing efforts to bolster its position in the renewable energy sector, particularly in solar power generation. As the company continues to expand its green energy portfolio, it is likely to play an increasingly significant role in India's transition towards cleaner energy sources.

The Indian government has put forward a proposal to reduce the Goods and Services Tax (GST) rate for the renewable energy sector from the current 12% to 5%. This move could potentially have significant implications for companies operating in the green energy space, including NTPC Green Energy .

Proposed GST Reduction

The government's suggestion to slash the GST rate for renewable energy by more than half is seen as a potential catalyst for the sector. If implemented, this reduction could lead to lower costs for renewable energy projects and potentially accelerate the adoption of clean energy solutions across the country.

Implications for NTPC Green Energy

NTPC Green Energy, a key player in India's renewable energy landscape, could stand to benefit from this proposed tax cut. The company, which focuses on developing and operating renewable energy projects, may see improved project economics and potentially enhanced competitiveness in the market if the GST reduction comes into effect.

Recent Developments at NTPC Green Energy

While the GST reduction proposal is still under consideration, NTPC Green Energy continues to make strides in its operational expansion. According to a recent disclosure by the company:

• The third part capacity of 49.13 MW out of the 300 MW Khavda Solar Energy Project in Khavda, Bhuj, Gujarat has been declared commercially operational.
• This project is being developed by NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy, under the 450 MW Hybrid Tranche V Project.
• The first part capacity of 142.20 MW and second part capacity of 32.80 MW of this project were previously declared commercially operational.

Sector Outlook

The proposed GST reduction, if implemented, could provide a significant boost to the entire renewable energy sector. For companies like NTPC Green Energy, this could translate into:

1. Reduced project costs
2. Improved profit margins
3. Enhanced ability to offer competitive pricing for renewable energy
4. Potential acceleration of ongoing and planned projects

As the renewable energy sector awaits further details on the proposed GST reduction, companies like NTPC Green Energy continue to expand their operational capacities, contributing to India's growing green energy infrastructure.

Investors and industry observers will be keenly watching for any official announcements regarding the GST rate change and its potential impact on the renewable energy landscape in India.