NTPC Completes 23 MW Solapur Solar Project, Reports Q2 Financial Results

NTPC Limited has successfully completed its entire 23 MW Solapur Solar PV Project in Maharashtra, with the final 13 MW capacity declared commercially operational from December 25. This completion marks a significant milestone in the company's renewable energy expansion, bringing the state-owned power major's total installed capacity to 60,796 MW on a standalone basis and 85,623 MW on a group basis.

Project Completion Details

The latest commissioning represents the second and final phase of the Solapur Solar PV Project, completing the entire planned capacity. The project has been developed at NTPC Solapur in Maharashtra as part of the company's renewable energy portfolio expansion.

Parameter:	Details
Project Name:	Solapur Solar PV Project
Location:	NTPC Solapur, Maharashtra
Final Phase Capacity:	13 MW
Total Project Capacity:	23 MW (Now Fully Operational)
Commercial Operation Date:	December 25

Updated Total Capacity

With the completion of the Solapur project, NTPC's overall capacity profile reflects the company's continued growth in both conventional and renewable energy sectors.

Basis:	Total Installed and Commercial Capacity
Standalone:	60,796 MW
Group:	85,623 MW

Q2 Financial Performance

NTPC reported stable financial performance for the second quarter, demonstrating resilience in its operations. The company's profitability remained consistent with marginal growth in net profit.

Financial Metric:	Q2 Current	Q2 Previous Year	Change
Net Profit:	₹4,653.00 cr	₹4,648.00 cr	Marginal increase
Revenue:	₹39,166.00 cr	₹40,337.00 cr	Decline
EBITDA:	₹10,019.00 cr	₹9,685.90 cr	+3.40%
EBITDA Margin:	25.60%	24.00%	Expansion

Regulatory Compliance and Future Outlook

The announcement was made in compliance with SEBI regulations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This completion underscores NTPC's commitment to expanding its renewable energy portfolio and contributing to India's clean energy transition goals.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.43%	-0.37%	+7.52%	+1.98%	+17.20%	+240.81%

ACME Solar Holdings Limited announced that its subsidiary, ACME Eco Clean Energy Private Limited, has commissioned an additional 4 MW wind power capacity at its project in Gujarat. The commissioning took place at Village Titoda, Taluka Sayla, District Surendranagar, marking another milestone in the company's renewable energy expansion.

Project Development Progress

The latest commissioning represents continued progress on the company's 100 MW wind power project. The development timeline shows consistent capacity additions throughout the quarter:

Parameter:	Details
New Capacity Added:	4 MW
Total Commissioned Capacity:	56 MW
Total Project Capacity:	100 MW
Project Completion:	56%
Location:	Village Titoda, Taluka Sayla, Dist Surendranagar, Gujarat

Official Verification and Certification

The commissioning has been officially witnessed and confirmed by key regulatory authorities. Gujarat Energy Development Agency (GEDA) and Paschim Gujarat Vij Company Limited (PGVCL) officials have verified the operational status of the additional capacity. The company expects the formal certificate to be issued shortly, completing the regulatory approval process.

Sequential Capacity Additions

This announcement follows a series of previous intimations regarding the project's phased commissioning. The company had earlier reported capacity additions on October 17, November 3, November 19, December 9, and December 16, demonstrating a systematic approach to bringing the wind power project online in stages.

Strategic Location Benefits

The Gujarat location offers strategic advantages for wind power generation, with the state being a leading destination for renewable energy projects. The Surendranagar district, where the project is located, benefits from favorable wind conditions and established grid connectivity infrastructure, supporting efficient power evacuation and transmission.