NTPC Green Energy Limited has announced the commercial operation of 130.47 MW capacity from its Khavda-I Solar PV Project in Gujarat, effective from 00:00 hours on January 29, 2026. The announcement was made through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Details and Capacity Addition

The newly operational capacity represents the tenth part of the larger 1255 MW Khavda-I Solar PV Project located in Gujarat. This project operates under the CPSU scheme Phase-II Tranche-III and is managed by NTPC Renewable Energy Limited, which is a wholly owned subsidiary of NTPC Green Energy Limited.

Impact on Total Installed Capacity

The addition of this solar capacity has resulted in a significant increase in the company's overall installed capacity. The current commercial capacity of the NTPC Green Energy Limited Group stood at 8347.78 MW before this addition.

Regulatory Compliance

The announcement was made in compliance with regulatory requirements, with the company filing the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Manish Kumar, Company Secretary & Compliance Officer, and dated January 28, 2026.

This capacity addition represents another milestone in NTPC Green Energy Limited's renewable energy expansion strategy, contributing to India's growing solar power infrastructure through its subsidiary operations.

NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a strategic Memorandum of Understanding with the Government of Uttar Pradesh to develop renewable energy and green hydrogen projects in the state. The agreement was formalized on January 22, 2026, during the World Economic Forum Annual Meeting in Davos, Switzerland.

MoU Signing Details

The partnership agreement was executed through a formal signing ceremony that brought together key stakeholders from both organizations. The following table outlines the key participants and their roles:

Project Scope and Strategic Focus

The MoU encompasses the development of two critical areas of clean energy infrastructure in Uttar Pradesh:

• Renewable Energy Projects: Development of sustainable energy generation facilities
• Green Hydrogen Projects: Implementation of green hydrogen production and related infrastructure

This partnership aligns with India's broader commitment to renewable energy expansion and the government's push toward sustainable energy solutions. The collaboration leverages NTPC Green Energy Limited's expertise in renewable energy development with Uttar Pradesh's industrial and infrastructural capabilities.

Corporate Disclosure

The agreement was disclosed under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, ensuring transparency for stakeholders and investors. The disclosure was made through official communication to both the National Stock Exchange of India Limited and BSE Limited on January 22, 2026.

Strategic Significance

The partnership represents a significant step in expanding renewable energy infrastructure in one of India's largest states. Uttar Pradesh's strategic location and industrial base make it an ideal destination for large-scale renewable energy and green hydrogen projects. The collaboration between NGEL and the state government is expected to accelerate the deployment of clean energy solutions while supporting the state's economic development objectives.

The signing ceremony at the World Economic Forum in Davos underscores the international significance of this partnership and India's commitment to sustainable energy development on the global stage.