NTPC Green Energy Expands Wind Capacity, Reports Strong Q1 Results

NTPC Green Energy Ltd, a key player in India's renewable energy sector, has announced significant operational and financial developments, showcasing its commitment to sustainable power generation and robust financial performance.

Operational Update

NTPC Green Energy Ltd has successfully commissioned 9.9 MW of wind power capacity at its Bhuj, Gujarat project. This addition brings the group's total commercial capacity to 7,553.675 MW. The newly commissioned wind project is part of a larger 92.4 MW facility, which is being developed through the company's subsidiary, Ayana Renewable Power Four Private Ltd.

Financial Performance

The company has reported strong financial results for the quarter, demonstrating substantial growth across key metrics:

Financial Metric	Q1 (Current Year)	Q1 (Previous Year)	Growth
Net Profit	₹220.00 crore	₹138.00 crore	59.0%
Revenue	₹680.00 crore	₹578.00 crore	17.6%
EBITDA	₹603.00 crore	₹512.00 crore	17.8%
EBITDA Margin	88.60%	88.60%	-

The company's financial performance highlights a significant improvement in profitability, with net profit surging by 59% compared to the same quarter in the previous year. Revenue and EBITDA also showed robust growth of 17.6% and 17.8% respectively. Notably, NTPC Green Energy Ltd maintained a high EBITDA margin of 88.60%, indicating strong operational efficiency.

Market Response

The market responded positively to these developments, with NTPC Green Energy Ltd's shares closing at ₹100.80 on the BSE, marking a 0.25% increase.

These results underscore NTPC Green Energy Ltd's growing presence in the renewable energy sector and its ability to deliver strong financial performance while expanding its green energy portfolio.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.19%	+0.34%	-0.10%	-5.81%	-16.08%	+297.28%

NTPC Green Energy Limited, a subsidiary of the NTPC Group, has made significant strides in expanding its solar energy capacity in Gujarat. The company recently announced the commercial operation of an additional 37.95 MW from its 300 MW Khavda Solar Energy Project, marking a notable advancement in India's renewable energy sector.

Project Milestones

The latest commissioning represents the fourth phase of the Khavda Solar Energy Project, which is part of a larger 450 MW Hybrid Tranche V Project. Here's a breakdown of the project's progress:

Phase	Capacity (MW)	Status
1	142.20	Operational
2	32.80	Operational
3	49.13	Operational
4	37.95	Newly Commissioned
Total	262.08	Operational

With this latest addition, the total commissioned capacity of the Khavda Solar Energy Project has reached 262.08 MW, showcasing NTPC Green Energy's commitment to expanding its renewable energy portfolio.

Impact on NTPC Group's Capacity

The commissioning of this new solar capacity has had a positive impact on both NTPC Green Energy Limited and the broader NTPC Group:

Entity	Metric	Capacity (MW)
NTPC Green Energy Limited	Commercial Capacity	7,515.73
NTPC Green Energy Limited	Total Installed Capacity	7,553.68
NTPC Group	Total Installed and Commercial Capacity	84,039.00

This development underscores NTPC's ongoing efforts to diversify its energy mix and increase its focus on renewable sources. The expansion of solar capacity aligns with India's broader goals of enhancing its clean energy infrastructure and reducing carbon emissions.

As NTPC Green Energy Limited continues to make progress on its renewable energy projects, it contributes significantly to the NTPC Group's overall capacity and strengthens its position in the evolving energy landscape of India.