NTPC Green Energy
90.31
-0.87(-0.95%)
Market Cap₹76,098.18 Cr
PE Ratio135.42
IndustryPower
Company Performance:
1D-0.95%
1M-9.35%
6M-17.20%
1Y-36.00%
5Y-25.76%
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More news about NTPC Green Energy
07Nov 25
NTPC Green Energy Fully Utilizes Rs 10,000 Crore IPO Proceeds
NTPC Green Energy Limited (NGEL) has completely utilized its Rs 10,000 crore IPO proceeds as per the monitoring agency report by CARE Ratings Limited for Q3 2025. The funds were allocated as follows: Rs 7,500 crore invested in NTPC Renewable Energy Limited (NREL), Rs 2,455.33 crore for general corporate purposes, and Rs 44.67 crore for issue expenses. Notable utilizations include Rs 2,352.86 crore invested in ONGC-NTPC Green Private Limited for acquiring Ayana Renewable Power Private Limited. The company completed fund utilization ahead of schedule, with no deviations from stated objectives, demonstrating commitment to transparency and efficient capital allocation.
31Oct 25
NTPC Green Energy Inks MoU with CtrlS Datacenter for 2 GW Renewable Energy Projects
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with CtrlS Datacenter Limited to explore the development of renewable energy projects with a capacity of 2 GW or more. The partnership aims to supply Renewable Energy Round-the-Clock (RE RTC) power to CtrlS Datacenters across India for their captive consumption. The MoU was signed by Sh. Sarit Maheshwari, CEO of NGEL & NTPC REL, and Sh. Sridhar Pinnapureddy, Founder & Chairman of CtrlS Datacenter Ltd. This collaboration is expected to contribute to reducing the carbon footprint of data centers and support India's transition to cleaner energy sources.
29Oct 25
NTPC Green Energy Reports Robust Q2 Performance with 130% Surge in Net Profit
NTPC Green Energy Limited posted strong Q2 FY2025-26 results with a 130% year-over-year increase in consolidated net profit to ₹875.9 crore. Revenue grew by 21% to ₹612.29 crore, while EBITDA rose to ₹530.00 crore with an improved margin of 86.49%. The company's performance reflects its successful expansion in the renewable energy sector and enhanced operational efficiency.
28Oct 25
NTPC Green Energy Limited Elevated to Schedule A CPSE Status, Explores Green Hydrogen Collaboration
NTPC Green Energy Limited (NGEL) has been categorized as a Schedule A Central Public Sector Undertaking by the Government of India, effective October 28, 2025. Additionally, NGEL signed an MoU with Paradip Port Authority on October 27, 2025, to implement green hydrogen-based mobility projects and explore green hydrogen derivatives in the port area. The MoU was signed during India Maritime Week 2025 in Mumbai, witnessed by Odisha's Chief Minister.
27Oct 25
NTPC Green Energy Inks MoU with Paradip Port Authority for Green Hydrogen Initiatives
NTPC Green Energy Limited, a subsidiary of NTPC Limited, signed a Memorandum of Understanding (MoU) with Paradip Port Authority on October 27, 2025, during India Maritime Week 2025 in Mumbai. The agreement aims to explore collaborative opportunities in green hydrogen development, focusing on implementing green hydrogen-based mobility projects in the Paradip Port area. This partnership aligns with India's push towards clean energy and sustainable port operations, potentially leading to reduced carbon footprint, enhanced energy efficiency in maritime activities, and the development of a green hydrogen ecosystem in the region.
23Oct 25
NTPC Green Energy Expands Renewable Portfolio with 9.9 MW Wind Power Project in Gujarat
NTPC Green Energy Limited (NGEL) has commissioned a 9.9 MW wind power project in Bhuj, Gujarat, as part of a larger 92.4 MW project developed by Ayana Renewable Power Four Private Limited. The project became commercially operational on October 25, 2025, increasing NGEL's total installed capacity from 7,553.68 MW to 7,563.58 MW. This development aligns with NGEL's strategy to expand its renewable energy portfolio and strengthen its position in India's green energy sector.
18Oct 25
NTPC Green Energy Expands Solar Capacity with 37.95 MW Addition in Gujarat
NTPC Green Energy Limited (NGEL) has commenced commercial operation of an additional 37.95 MW capacity from its Khavda Solar Energy Project in Gujarat, effective October 19, 2025. This marks the fourth phase of the 300 MW project, bringing its total operational capacity to 262.08 MW. The expansion is part of a larger 450 MW Hybrid Tranche V Project. With this addition, NTPC Green Energy Limited Group's total installed capacity has increased to 7553.68 MW.
17Oct 25
NTPC Green Energy Boosts Solar Portfolio with 95.75 MW Addition in Gujarat
NTPC Green Energy Limited's subsidiary, NTPC Renewable Energy Limited, has commissioned 95.75 MW of solar capacity at its Khavda-I Solar PV Project in Gujarat. This addition, part of a larger 1,255 MW project under the CPSU scheme Phase-II Tranche-III, became commercially operational on October 18, 2025. The company's total commercial capacity has increased from 7,419.98 MW to 7,515.73 MW.
15Oct 25
NTPC Green Energy Expands Solar Footprint: 12.5 MW Added in Gujarat
NTPC Green Energy Limited (NGEL) has commenced commercial operations of 12.5 MW solar capacity from its 37.5 MW project in Bhuj, Gujarat, effective October 17, 2025. The project is operated by Ayana Renewable Power Four Private Limited, a subsidiary of ONGC NTPC Green Private Joint Venture. This addition increases NGEL Group's total installed capacity to 7,419.98 MW. The company disclosed this development under SEBI regulations to the National Stock Exchange of India Limited and BSE Limited.
10Oct 25
NTPC Green Energy Expands Renewable Portfolio with Strategic Partnerships in Japan and Gujarat
NTPC Green Energy Limited (NGEL) has signed two significant MoUs to expand its renewable energy portfolio. The first, with Japan's ENEOS Corporation, focuses on exploring green methanol and hydrogen derivative products from NGEL's Green Hydrogen Hub in Andhra Pradesh. The second, between NTPC Renewable Energy Limited and the Government of Gujarat, aims to develop 10 GW of solar and 5 GW of wind projects in the state. These partnerships align with NGEL's target of achieving a 60 GW renewable energy portfolio by 2032.
09Oct 25
NTPC Green Energy Inks Massive 15 GW Renewable Energy Deal with Gujarat Government
NTPC Green Energy Limited (NGEL), through its subsidiary NTPC Renewable Energy Limited (NTPC REL), has signed an agreement with the Gujarat Government to develop 15 GW of renewable energy projects. The plan includes 10 GW of solar and 5 GW of wind energy capacity. The Memorandum of Understanding was exchanged during the Vibrant Gujarat Regional Conference in Mehsana, Gujarat. This agreement positions NTPC Green Energy as a significant player in India's renewable energy sector and aligns with the country's sustainable power generation goals.
25Sept 25
NTPC Green Energy Expands Solar Portfolio with 25 MW Operational Capacity in Bhuj
NTPC Green Energy Limited (NGEL) has commenced commercial operation of a 25 MW solar capacity in Bhuj, Gujarat, part of a larger 37.5 MW project. This addition increases NTPC Green Energy Limited Group's total installed capacity to 7,407.48 MW. The project is developed by Ayana Renewable Power Four Private Limited, a subsidiary of a joint venture involving NTPC Green Energy Limited.
22Sept 25
NTPC Green Energy Expands Wind Portfolio in Gujarat, Total Capacity Surpasses 7,380 MW
NTPC Green Energy Limited (NGEL) has commenced commercial operations of a 9.9 MW wind capacity in Bhuj, Gujarat, part of a larger 92.4 MW project. This addition increases NGEL Group's total installed capacity to 7,382.48 MW. The project is managed by Ayana Renewable Power Four Private Limited, a subsidiary of ONGC NTPC Green Private Limited joint venture. NGEL also announced the closure of its trading window for insiders from October 1 until 48 hours after the declaration of Q2 financial results.
15Sept 25
NTPC Green Energy Expands Solar Portfolio, Adds 100 MW Capacity
NTPC Green Energy Limited's joint venture project has commissioned an additional 100 MW of solar capacity, increasing its total installed capacity to 7,372.575 MW. The new capacity is part of a 500 MW solar plant operated by IRCON Renewable Power Limited (IRPL), bringing the plant's operational capacity to 400 MW. IRPL is a complex joint venture involving Ayana Renewable Power Private Limited and ONGC NTPC Green Private Limited. The 100 MW capacity was declared commercially operational from September 17, 2025.
01Sept 25
NTPC Green Energy Boosts Renewable Portfolio with 25 MW Solar Capacity Addition in Gujarat
NTPC Green Energy Limited (NGEL) has expanded its renewable energy portfolio by adding 25 MW of solar power capacity in Bhuj, Gujarat. This addition is part of a larger 150 MW solar project operated by Ayana Renewable Power Four Private Limited, a subsidiary of ONGC NTPC Green Private. The new capacity was declared commercially operational on September 3, increasing NGEL Group's total installed capacity to 7,272.58 MW. Additionally, NGEL announced the superannuation of Shri Manoj Dubey, Chief General Manager (CGM), effective August 31.
22Aug 25
NTPC Green Energy Expands Solar Portfolio: 50 MW Added in Gujarat
NTPC Green Energy Limited (NGEL) has expanded its renewable energy portfolio by adding 50 MW of solar capacity in Bhuj, Gujarat. The new facility, operated by Ayana Renewable Power Four Private Limited, became commercially operational on August 24, 2025. This addition increases NGEL Group's total installed capacity to 7,247.58 MW from the previous 7,197.58 MW. The project is part of a larger 150 MW solar initiative in the region and aligns with NTPC Green Energy's commitment to enhancing its renewable energy footprint.
22Aug 25
Government Proposes GST Cut for Renewable Energy: Potential Boost for NTPC Green Energy
The Indian government proposes reducing GST on renewable energy from 12% to 5%, potentially benefiting companies like NTPC Green Energy. NTPC Green Energy's subsidiary declared 49.13 MW of the 300 MW Khavda Solar Energy Project in Gujarat commercially operational, part of a larger 450 MW Hybrid Project. This follows earlier operational declarations of 142.20 MW and 32.80 MW capacities.
21Aug 25
NTPC Renewable Energy Expands Solar Capacity in Gujarat's Khavda Project
NTPC Renewable Energy, a subsidiary of NTPC Green Energy Limited, has commenced commercial operations of an additional 49.125 MW capacity at its 300 MW Khavda Solar Project in Gujarat. This addition, effective August 22, 2025, brings the total operational capacity at the Khavda site to 224.13 MW. The project is part of the larger 450 MW Hybrid Tranche V Project and has been implemented in phases, with previous capacities of 142.20 MW and 32.80 MW declared operational earlier in June 2025.
19Aug 25
NTPC Green Energy Activates 265.3 MW of Renewable Capacity in Gujarat
NTPC Green Energy Limited has commissioned 265.3 MW of clean energy capacity in Gujarat. This includes 212.5 MW of solar capacity from the Khavda-I Solar PV Project and 52.8 MW of wind capacity from a hybrid project. The solar project is part of a larger 1,255 MW development under the CPSU scheme, while the wind capacity is part of a 129.9 MW hybrid project operated by Ayana Renewable Power Four Private Limited, a subsidiary in NTPC Green Energy's joint venture with ONGC.
05Aug 25
NTPC Green's Subsidiary Secures Major Green Ammonia Supply Contract in SECI Auction
NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Green Energy Limited, has won a contract to supply 70,000 MT/Year of green ammonia at ₹51.80 per kilogram. The e-reverse auction, conducted by the Solar Energy Corporation of India (SECI) on August 4, 2025, is part of a larger tender for 7.24 lakh MT/Year of green ammonia across 13 locations in India. The green ammonia will be supplied to Krishana Phoschem Limited in Meghnagar, Madhya Pradesh.
04Aug 25
NTPC Green Energy Expands Solar Capacity: 75 MW Commissioned, Total Reaches 300 MW
NTPC Green Energy Limited (NGEL) has commissioned an additional 75 MW capacity as part of a 500 MW solar plant project. This brings the total operational capacity to 300 MW. The newly commissioned capacity is owned by IRCON Renewable Power Limited (IRPL), a joint venture subsidiary. The 75 MW capacity was declared commercially operational from August 6.
04Aug 25
NTPC Renewable Energy Secures Green Ammonia Supply Contract at Rs. 51.80 per kg
NTPC Renewable Energy Limited (NTPC REL) has won a contract to supply 70,000 metric tonnes per annum of green ammonia to Krishana Phoschem Limited in Madhya Pradesh. The contract, secured through an e-reverse auction by the Solar Energy Corporation of India (SECI), is priced at Rs. 51.80 per kg. This deal is part of SECI's larger tender for 7.24 lakh MT/Year of green ammonia across 13 locations in India. The contract signifies NTPC REL's expansion in the renewable energy sector and contributes to India's sustainable energy goals.
01Aug 25
NTPC Green Energy Reports Full Compliance in Rs. 10,000 Crore IPO Fund Utilization
NTPC Green Energy Limited (NGEL) has reported complete compliance with its IPO fund utilization for the quarter ending June 30, 2025. The company raised Rs. 10,000 crore through its IPO in November 2024. As of June 30, 2025, NGEL has utilized Rs. 6,650 crore of the total proceeds, with Rs. 3,350 crore remaining unutilized. The funds were primarily allocated for investment in NTPC Renewable Energy Limited (NREL), general corporate purposes, and issue expenses. The unutilized funds are currently parked in fixed deposits with PNB Bank and Yes Bank. CARE Ratings Limited, the monitoring agency, reported no deviations from the disclosed IPO objectives.
30Jul 25
NTPC Green Energy Expands Renewable Portfolio with 6 MW Wind Project Completion at Dayapar
NTPC Green Energy Limited (NGEL) has successfully completed a 6 MW wind project at Dayapar, Bhuj, Gujarat. This project is part of the 150 MW Dayapar Wind Energy Project (Phase-I) and a larger 450 MW Hybrid Project. The 6 MW capacity has been declared for commercial operation from 31.07.2025. This addition follows previously commissioned capacities of 50 MW and 90 MW from the same project.
28Jul 25
NTPC Green Energy Reports 58% Surge in Q1 Net Profit, Driven by Strong Revenue Growth
NTPC Green Energy Limited, a subsidiary of NTPC Limited, has reported strong Q1 financial results. The company's consolidated net profit increased by 58% to ₹2.20 billion, while revenue rose by 17.6% to ₹6.80 billion. EBITDA grew to ₹6.03 billion, with a stable margin of 88.73%. These results reflect the company's expanding operations in the renewable energy sector and its ability to maintain operational efficiency while scaling up revenue.
26Jul 25
NTPC Green Energy Inks MoU with Bihar State Power for Battery Storage and Renewable Projects
NTPC Green Energy Limited (NGEL) signed an MoU with Bihar State Power Generation Company Limited (BSPGCL) to develop Battery Energy Storage Projects and Renewable Energy Projects in Bihar. The agreement, signed on July 26, 2025, aims to support the state's green energy initiatives and decarbonization efforts. The signing ceremony was attended by high-ranking government officials, including Bihar's Minister of Energy and Minister of Industries, underscoring the importance of this collaboration in the state's energy strategy.
26Jul 25
NTPC Green Energy Inks MoU with Bihar State Power for Battery Storage and Renewable Projects
NTPC Green Energy Limited (NGEL) signed an MoU with Bihar State Power Generation Company Limited (BSPGCL) to develop Battery Energy Storage Projects and Renewable Energy Projects in Bihar. The agreement aims to enhance renewable energy capacity, improve grid stability, reduce carbon emissions, and support the transition to cleaner energy sources. High-ranking government officials, including Bihar's Minister of Energy and Minister of Industries, attended the signing ceremony, highlighting the initiative's importance to the state's energy strategy and industrial development plans.
18Jul 25
NTPC Green Energy Inks Deal for 300+ MW Renewable Projects in Goa
NTPC Green Energy's subsidiary has signed an agreement with the Goa Energy Development Agency to develop at least 300 MW of renewable energy capacity in Goa. This collaboration aims to expand the state's clean energy infrastructure, aligning with India's broader goals for increasing renewable energy share and reducing carbon emissions. The deal strengthens NTPC's position in India's renewable energy sector and contributes to Goa's sustainable development objectives.
16Jul 25
NTPC Green Poised for Expansion as CCEA Considers Approval for Renewable Energy Investments
The Cabinet Committee on Economic Affairs (CCEA) is anticipated to approve additional investments by NTPC in renewable energy projects. This move aligns with India's focus on expanding its green energy portfolio. NTPC Green Energy, a subsidiary of NTPC, is poised to increase its commitment to renewable energy, potentially boosting the country's renewable capacity and influencing market dynamics in the energy sector. The approval would support NTPC's transition from primarily thermal power generation to a more diversified energy company with a significant green portfolio.
01Jul 25
NTPC Green Energy Boosts Khavda Solar Project with 32.8 MW Capacity Addition
NTPC Green Energy has commenced commercial operations for an additional 32.8 MW capacity at its Khavda Solar Project in India. This expansion enhances the project's operational capacity, contributing to the company's strategy of increasing its renewable energy portfolio. The development aligns with India's goals to boost clean energy production and reduce carbon emissions.
30Jun 25
NTPC Green Energy Expands Solar Portfolio with 64.7 MW Capacity Addition
NTPC Green Energy, a subsidiary of NTPC Limited, has commenced commercial operations for an additional 64.7 megawatts of solar power capacity. This expansion aligns with NTPC's strategy to diversify its energy mix and reduce carbon footprint, contributing to India's renewable energy targets. The new capacity strengthens NTPC Green Energy's position in the renewable market and demonstrates the company's commitment to sustainable development.
29Jun 25
NTPC Green Energy Achieves Full Capacity at 220 MW Shajapur Solar Project
NTPC Green Energy has fully commissioned the 220 MW Shajapur Solar Project (Unit-II) in Madhya Pradesh, adding the final 120 MW capacity. The project, part of a larger 450 MW solar installation, now has a total operational capacity of 325 MW. This milestone demonstrates NTPC Green Energy's commitment to expanding its renewable energy portfolio and contributing to India's clean energy goals.
06Jun 25
NTPC Green Energy Commissions 110.25 MW of Khavda-I Solar Project
NTPC Renewable Energy, a subsidiary of NTPC Limited, has inaugurated 110.25 MW capacity of the 1255 MW Khavda-I Solar PV Project. This milestone marks significant progress in NTPC's renewable energy initiatives and contributes to India's clean energy goals. The project's scale demonstrates NTPC's ambition in the renewable sector and its role in the country's transition to sustainable power sources.
05Jun 25
NTPC Green Secures 1000 MW Power Purchase Agreement at ₹2.56/kWh
NTPC Green Energy Limited, a subsidiary of NTPC Limited, has signed a Power Purchase Agreement (PPA) for 1000 MW of power capacity at a tariff of ₹2.56 per kilowatt-hour (kWh). This agreement marks a significant expansion of NTPC Green's renewable energy portfolio and reflects the competitive rates in India's renewable energy market. The deal is expected to boost India's renewable energy capacity and contribute to the country's clean energy transition goals.
04Jun 25
NTPC Green Energy Secures 1,000 MW Solar Project, Reports Tripled Q4 Profit
NTPC Green Energy won a 1,000 MW solar project from UPPCL at ₹2.56/kWh. The company partnered with Honeywell to explore Sustainable Aviation Fuel production. Q4 financial results show net profit tripled to ₹233.00 crore and revenue increased by 22.5% to ₹622.30 crore. NTPC aims for 60 GW renewable energy capacity by FY2032.
04Jun 25
NTPC Green Secures 1000 MW Power Purchase Agreement at ₹2.56 per KWh
NTPC Green, a subsidiary of India's largest power generation company, has finalized a Power Purchase Agreement (PPA) for 1000 megawatts of electricity at a rate of ₹2.56 per kilowatt-hour. This agreement marks a significant development in India's renewable energy sector, demonstrating the increasing cost-effectiveness of green energy solutions. The deal strengthens NTPC Green's position in the renewable energy market and aligns with its parent company's strategy to diversify its energy portfolio.
26May 25
NTPC Green Energy Shines with Robust Q4 Performance, Driving Target Price Upgrade
NTPC Green Energy's Q4 results show impressive growth with revenue up 22% YoY to Rs 6.20 billion, EBITDA increasing 28% YoY to Rs 5.60 billion, and an EBITDA margin of 90.00%. Generation rose 20% YoY to 6.80 Billion Units, with a plant load factor of 24.10%. The company added 0.90 GW of organic capacity during the fiscal year. ICICI Securities maintains an 'Add' rating and has raised its target price for the stock.
22May 25
NTPC Green Energy Secures Two Battery Storage Projects in Kerala
NTPC Green Energy Ltd., a subsidiary of NTPC, has won bids for two battery energy storage projects in Kerala with a combined capacity of 80 MW / 320 MWh. The projects are located at Pothencode and Sreekantapuram substations, with competitive tariffs of ₹4.57 lakh and ₹4.34 lakh per MW per month respectively. The company is awaiting the official Letter of Award from NHPC to proceed with implementation. These projects aim to enhance grid stability, integrate renewable energy, and support Kerala's growing energy demands.
22May 25
NTPC Green Energy Ltd. Reports Stellar Q4 Results, Stock Soars 11%
NTPC Green Energy Ltd. posted impressive Q4 financial results with revenue up 22.50% to ₹622.27 crore, EBITDA rising 28.40% to ₹560.27 crore, and net profit soaring 188.00% to ₹233.22 crore year-over-year. The company's stock price surged nearly 11% following the announcement, reflecting strong investor confidence in its growth trajectory in the renewable energy sector.
21May 25
NTPC Green Energy: Q4 Profit Triples on Higher Non-Core Income
NTPC Green Energy Ltd. posted impressive Q4 results with a 188% increase in consolidated profit to ₹233.22 crore, driven by higher other income. Revenue grew by 22.5% to ₹622.27 crore, and the EBITDA margin expanded to 90%. For the full fiscal year, profit rose by 39% to ₹475.50 crore.
10May 25
NTPC Green Energy Appoints Power Sector Veteran as New CEO
NTPC Green Energy announces Sarit Maheshwari as its new CEO, effective May 10, 2025. Maheshwari, with 35 years of power sector experience, will replace Rajiv Gupta. Previously Head of Project Korba at NTPC, Maheshwari's appointment signifies the company's commitment to experienced leadership in pursuing sustainable energy goals.
02May 25
NTPC Green Energy Achieves Full Capacity at 150 MW Gujarat Solar Project
NTPC Green Energy Limited (NGEL) has completed its 150 MW solar project in Gujarat. The final 60 MW capacity became operational on April 16, 2025, following earlier phases of 60 MW and 30 MW. The project, awarded under a GUVNL tender, received commercial operation certification from GEDA on April 30, 2025. This completion marks a significant expansion of NTPC's renewable energy portfolio.
01May 25
NTPC Green Energy's Renewable Portfolio Expands: 75 MW Power Plant Now Operational
NTPC Green Energy Limited has successfully commissioned and operationalized a 75 MW capacity of IRCON Renewable Power Plant. This capacity, known as Lot-4, is part of a larger 500 MW plant being developed by IRCON Renewable Power Limited, a joint venture involving NTPC Green Energy. The newly operational capacity became commercially active on May 2, 2025, bringing the total operational capacity of the project to 225 MW. This development marks significant progress in NTPC Green Energy's renewable energy initiatives and aligns with India's clean energy goals.
29Apr 25
NTPC Green Energy Secures Board Approval for ₹5,000 Crore Borrowing in FY 2025-26
NTPC Green Energy Limited's Board of Directors has approved borrowing up to ₹5,000 crore for the fiscal year 2025-26. The funds will be raised through the issuance of debentures, which can be secured or unsecured, redeemable, taxable or tax-free, and cumulative or non-cumulative. This move aims to support the company's expansion in India's renewable energy sector, potentially funding new projects, portfolio expansion, and strategic acquisitions.
28Apr 25
NTPC Green Energy Partners with Honeywell UOP for Sustainable Aviation Fuel Production
NTPC Green Energy, a subsidiary of NTPC Limited, has signed an MoU with Honeywell UOP to explore the production of sustainable aviation fuel (SAF). This collaboration aims to reduce the carbon footprint of India's aviation industry by developing environmentally friendly fuel options. The partnership could lead to reduced carbon emissions, enhanced energy security, technological advancements, and new economic opportunities in India's energy and aviation sectors.
25Apr 25
NTPC Green Energy Partners with Honeywell UOP for Sustainable Aviation Fuel Production
NTPC Green Energy Limited (NGEL) signed an MoU with Honeywell UOP India to explore sustainable aviation fuel (SAF) production. The project will use Honeywell's eFining technology, CO2 from NTPC's power plants, and green hydrogen. This initiative is part of NTPC's Green Hydrogen Hub in Andhra Pradesh, aiming to export 2.5 million tons of green chemicals annually and contribute to India's 500 GW non-fossil energy target by 2030. NTPC aims to achieve a 60 GW renewable energy portfolio by 2032.
24Apr 25
NTPC Green Energy to Consider ₹5,000 Crore Borrowing Plan for FY26
NTPC Green Energy Limited's board will meet on April 29, 2025, to discuss and potentially approve borrowing up to ₹5,000 crore for FY 2025-26. The funds may be raised through secured or unsecured, redeemable, taxable or tax-free, cumulative or non-cumulative bonds or non-convertible debentures, issued in one or more tranches. This follows NTPC Green Energy's recent joint venture with MAHAPREIT to develop renewable energy parks across India.
26Mar 25
NTPC Green Energy Achieves Full Capacity at 320 MW Bhainsara Solar Project
NTPC Green Energy Limited (NGEL) has announced the commercial operation of the final 100 MW capacity at its Bhainsara Solar PV Project in Jaisalmer, Rajasthan, completing the entire 320 MW project. The project was commissioned in three phases: 160 MW on August 28, 2024, 60 MW on January 7, 2025, and the final 100 MW on March 20, 2025. This achievement significantly expands NGEL's renewable energy portfolio and supports India's clean energy goals.
25Mar 25
NTPC Green Energy Achieves Full Commercial Operation of 320 MW Bhainsara Solar Project
NTPC Green Energy Limited (NGEL) has declared commercial operation of the final 100 MW capacity of its Bhainsara Solar PV Project in Jaisalmer, Rajasthan. This marks the completion of the entire 320 MW installation, which was commissioned in three phases: 160 MW on August 28, 2024, 60 MW on January 7, 2025, and the final 100 MW on March 20, 2025. The project, awarded under the SECI Raj-Tranche-III tender, received its operational certificate on March 25, 2025, from the Rajasthan Renewable Energy Corporation Limited.
13Mar 25
NTPC Green Energy's Shajapur Solar Project Achieves Full Commercial Operation
NTPC Green Energy Limited (NGEL) has fully commissioned its 105 MW Shajapur Solar Project in Madhya Pradesh. The final 50 MW phase became operational on March 13, 2025, following the first 55 MW phase which began commercial operations on November 29, 2024. This milestone marks the complete activation of the project developed by NTPC Renewable Energy Limited, a subsidiary of NGEL, at the Shajapur Solar Park.
12Mar 25
NTPC Green Energy's Shajapur Solar Project Achieves Full Commercial Operation
NTPC Green Energy Limited (NGEL) has fully operationalized its 105 MW Shajapur Solar Project in Madhya Pradesh. The second and final 50 MW phase was declared commercially operational on March 13, 2025, following the 55 MW first phase commissioned on November 29, 2024. This milestone marks a significant step in NGEL's renewable energy expansion and contributes to India's clean energy goals.
11Mar 25
NTPC Green Energy Ltd Forms Strategic Joint Venture with Chhattisgarh Power Company for 2 GW Renewable Energy Projects
NTPC Green Energy Limited (NGEL) signed a Joint Venture Agreement with Chhattisgarh State Power Generation Company Limited (CSPGCL) to develop up to 2 GW of renewable energy projects. NGEL will hold 74% stake in the new company, which aims to develop solar, wind, and hybrid projects. The JV will have an initial capital of ₹10 lakh and plans to supply power to various entities including state DISCOMs and C&I customers nationwide.
27Feb 25
NTPC Green Energy Shares Tumble 9.5% as Lock-in Period Expires
NTPC Green Energy's stock price dropped 9.5% to a 52-week low of Rs 95.50 following the expiration of a 3-month lock-in period on February 24. The end of the lock-in released approximately 183 million shares, representing 2% of total outstanding shares, into the market for free trading. This increase in tradable shares is believed to be the primary cause of the sharp decline in stock price.
25Feb 25
NTPC Green Energy Inks Landmark MoU with Madhya Pradesh Power Generating Co for Massive 20 GW Renewable Energy Projects
NTPC Green Energy Limited (NGEL) has signed an MoU with Madhya Pradesh Power Generating Company Limited (MPPGCL) to develop renewable energy projects with a capacity of up to 20 GW or more in Madhya Pradesh. The collaboration focuses on solar, wind, and hybrid systems, aiming to form a Joint Venture Company. The agreement was signed during the Global Investors Summit 2025 in Bhopal, addressing the state's Renewable Generation Obligation and Renewable Purchase Obligation.
24Feb 25
NTPC Green Energy Expands Renewable Projects and Faces Increased Trading as Lock-in Period Expires
NTPC Green Energy signed an MoU with Madhya Pradesh Power Generating Co to develop up to 20 GW of renewable energy projects. Simultaneously, the company faces a potential increase in trading activity as its three-month shareholder lock-in period ends on February 24, making 18.33 crore shares (2% of equity) eligible for trading. The stock has been trading below its IPO price of ₹108 since February 11, closing at ₹105.5 on Friday, down 33% from its post-listing high.
21Feb 25
NTPC Green Energy Forges Partnership with Bharat Light and Power for Sustainable Energy Solutions
NTPC Green Energy Limited (NGEL) signed an MoU with Bharat Light and Power Private Limited (BLP) on February 19, 2025, to explore opportunities in green hydrogen off-take and carbon sales. The partnership aims to supply green hydrogen and its derivatives to third parties, sell captured or biogenic carbon, and develop necessary infrastructure for green hydrogen projects. This collaboration aligns with India's carbon neutrality goals and sustainable energy development targets.
NTPC Green Energy
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