NTPC Green Energy Limited (NGEL) has announced a significant expansion of its renewable energy portfolio with the commercial operation of a 25 MW solar capacity in Bhuj, Gujarat. This development marks another step forward in the company's commitment to green energy initiatives.

Project Details

The newly operational 25 MW solar capacity is part of a larger 37.5 MW solar project located in Bhuj, Gujarat. The project is being developed by Ayana Renewable Power Four Private Limited, a subsidiary of Ayana Renewable Power Pvt. Ltd., which is a wholly-owned subsidiary of ONGC NTPC Green Private, a joint venture of NTPC Green Energy Limited.

Capacity Expansion

With this addition, NTPC Green Energy Limited Group has achieved several milestones:

• The 25 MW capacity was declared commercially operational on September 27.
• This expansion increases the NTPC Green Energy Limited Group's total installed capacity to 7,407.48 MW.
• Prior to this addition, the group's commercial capacity stood at 7,382.48 MW.

Strategic Importance

This expansion in Bhuj is significant for several reasons:

1. Renewable Energy Focus: It demonstrates NTPC Green Energy's ongoing commitment to expanding its renewable energy portfolio.
2. Geographical Diversification: The project in Gujarat helps in diversifying the company's renewable energy assets across different regions of India.
3. Joint Venture Success: The project's execution through a subsidiary of a joint venture showcases NTPC Green Energy's successful collaborations in the renewable energy sector.

Company Disclosure

In compliance with regulatory requirements, NTPC Green Energy Limited has made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed both the National Stock Exchange of India Limited and BSE Limited about this development.

This expansion aligns with India's broader goals of increasing renewable energy capacity and reducing dependence on fossil fuels. As NTPC Green Energy continues to grow its green energy portfolio, it is positioning itself as a key player in India's transition towards a more sustainable energy future.

NTPC Green Energy Limited (NGEL) has announced a significant milestone in its renewable energy portfolio expansion. The company has successfully commenced commercial operations of a 9.9 MW wind capacity, part of a larger 92.4 MW wind project located in Bhuj, Gujarat. This addition marks another step forward in NGEL's commitment to clean energy generation.

Project Details

The newly operational wind capacity is managed 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 the joint venture ONGC NTPC Green Private Limited, highlighting the collaborative efforts in India's renewable energy sector.

Capacity Expansion

The commercial operation of this wind capacity became effective from September 24. Prior to this addition, NTPC Green Energy Limited Group's commercial capacity stood at 7,372.58 MW. With the integration of the new 9.9 MW capacity, the total installed capacity of the NGEL Group has now increased to 7,382.48 MW.

Company Overview

NTPC Green Energy Limited, with its corporate office located in Greater Noida, Uttar Pradesh, and registered office in New Delhi, is at the forefront of India's green energy transition. The company bears the CIN L40100DL2022GOI396282.

Insider Trading Window Closure

In a separate announcement, NGEL has informed stakeholders about the closure of the trading window for insiders. As per the intimation:

• The trading window for dealing in the company's securities will remain closed from October 1.
• The closure will extend until 48 hours after the declaration of Financial Results for the quarter ending September 30.
• The date of the Board Meeting to consider these results will be communicated in due course.

This proactive measure aligns with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's own Code for Prevention of Insider Trading.

The expansion of NTPC Green Energy's wind capacity in Gujarat, coupled with its commitment to regulatory compliance, underscores the company's dedication to sustainable growth and transparent operations in the renewable energy sector.