NTPC Limited has announced the upcoming retirement of one of its senior executives as part of mandatory regulatory disclosures. The power sector giant informed stock exchanges about a significant change in its senior management structure scheduled for the end of February 2026.

Executive Leadership Transition

The company has formally notified that Executive Director Shri Balaji Bhagwatrao Narare will cease his position due to superannuation on February 28, 2026. This announcement was made in strict compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates disclosure of material changes in senior management.

Regulatory Compliance

The formal intimation was signed by Company Secretary and Compliance Officer Ritu Arora on February 27, 2026. The disclosure letter was simultaneously sent to both major Indian stock exchanges where NTPC shares are listed - BSE Limited and National Stock Exchange of India Limited.

Stock Exchange Communication

NTPC's communication to the exchanges included comprehensive details about the management change. The company maintains transparency in its corporate governance practices by ensuring timely disclosure of all material information that could impact stakeholder interests.

This retirement represents a natural transition in NTPC's leadership structure as the executive reaches the standard superannuation age. The company continues to maintain its commitment to regulatory compliance and transparent communication with all stakeholders through proper disclosure mechanisms.

NTPC Green Energy Limited has officially declared the commercial operation of the first part capacity of 50 MW from the 200 MW Dayapar Wind Energy Project Phase-II, effective February 26, 2026. The project, located in Gujarat, is operated by NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited.

Project Specifications and Commercial Declaration

The Dayapar Wind Energy Project Phase-II represents a significant addition to NTPC's renewable energy portfolio. The project details are outlined below:

Capacity Enhancement Impact

The commercial operation of this 50 MW wind energy capacity has enhanced both NTPC Green Energy Limited Group and the overall NTPC Group capacity. The capacity metrics are presented below:

Regulatory Compliance and Disclosure

The declaration was made through official regulatory disclosures under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. NTPC Green Energy Limited, being a subsidiary of NTPC Limited, submitted the disclosure on February 25, 2026, with the commercial operation effective from February 26, 2026.

Strategic Development

This milestone represents the first phase of the larger 200 MW Dayapar Wind Energy Project Phase-II, indicating NTPC's phased approach to renewable energy project development. The successful commissioning demonstrates the company's execution capabilities in wind energy projects and contributes to India's renewable energy capacity expansion.