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Economic Times
05-08-2025
- Business
- Economic Times
NTPC Green Energy shares in focus following Green Ammonia bid win, project commissioning update
The shares of NTPC Green Energy are expected to be in the spotlight on Tuesday after two key regulatory disclosures were made by its subsidiaries. The company has emerged as the successful bidder in a significant green ammonia auction, and a part capacity of a renewable project has been declared commercially operational. ADVERTISEMENT he first update relates to NTPC Renewable Energy Limited (NTPC REL), which won a major green ammonia supply bid floated by SECI. The second involves the commissioning of a 75 MW capacity (Lot-5) of a 500 MW solar project managed by IRCON Renewable Power Limited (IRPL), a joint venture partly owned by NTPC's green energy arm. NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has emerged as the successful bidder in a reverse auction conducted by the Solar Energy Corporation of India (SECI) on August 4, auction was for the full capacity of 70,000 metric tonnes per annum (MT/Year) of green ammonia bidding was part of SECI's larger tender for 7.24 lakh MT/Year of green ammonia, which is spread across 13 locations across India. ADVERTISEMENT NTPC REL has been allocated the entire capacity for supply to Krishna Phoschem Limited at Meghnagar, Madhya Pradesh, at a winning bid price of Rs 51.80 per kg. ADVERTISEMENT In a separate development, NTPC Green Energy has announced that 75 MW (Lot-5) of the 500 MW plant capacity of IRCON Renewable Power Limited (IRPL) has been declared as commercially is a joint venture of Ayana Renewable Power and a wholly owned subsidiary of NTPC Green Energy's joint venture with ONGC, named ONGC NTPC Green Pvt Ltd. ADVERTISEMENT The said capacity has achieved commercial operation effective August 6, 2025. This commissioning raises the cumulative operational capacity of the project to 300 MW, marking a steady ramp-up of one of the group's key renewable energy Monday, the shares of NTPC Green closed flat at Rs 105.10 on the BSE. Also read: Tata Investment announces first-ever stock split in 1:10 ratio; check details on record date (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
05-08-2025
- Business
- Time of India
NTPC Green Energy shares in focus following Green Ammonia bid win, project commissioning update
The shares of NTPC Green Energy are expected to be in the spotlight on Tuesday after two key regulatory disclosures were made by its subsidiaries. The company has emerged as the successful bidder in a significant green ammonia auction, and a part capacity of a renewable project has been declared commercially operational. he first update relates to NTPC Renewable Energy Limited (NTPC REL), which won a major green ammonia supply bid floated by SECI. The second involves the commissioning of a 75 MW capacity (Lot-5) of a 500 MW solar project managed by IRCON Renewable Power Limited (IRPL), a joint venture partly owned by NTPC's green energy arm. Here are the details: NTPC REL wins SECI green ammonia bid at Rs 51.80/kg NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has emerged as the successful bidder in a reverse auction conducted by the Solar Energy Corporation of India (SECI) on August 4, 2025. The auction was for the full capacity of 70,000 metric tonnes per annum (MT/Year) of green ammonia supply. The bidding was part of SECI's larger tender for 7.24 lakh MT/Year of green ammonia, which is spread across 13 locations across India. NTPC REL has been allocated the entire capacity for supply to Krishna Phoschem Limited at Meghnagar, Madhya Pradesh, at a winning bid price of Rs 51.80 per kg. 75 MW capacity of IRCON Renewable project commissioned In a separate development, NTPC Green Energy has announced that 75 MW (Lot-5) of the 500 MW plant capacity of IRCON Renewable Power Limited (IRPL) has been declared as commercially operational. IRPL is a joint venture of Ayana Renewable Power and a wholly owned subsidiary of NTPC Green Energy's joint venture with ONGC, named ONGC NTPC Green Pvt Ltd. The said capacity has achieved commercial operation effective August 6, 2025. This commissioning raises the cumulative operational capacity of the project to 300 MW, marking a steady ramp-up of one of the group's key renewable energy ventures. On Monday, the shares of NTPC Green closed flat at Rs 105.10 on the BSE. Also read: Tata Investment announces first-ever stock split in 1:10 ratio; check details on record date ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
20-07-2025
- Business
- Time of India
NTPC REL inks pact with Goa govt to develop 300 MW renewable projects
NTPC Renewable Energy Limited ( NTPC REL ) has signed an agreement with the Goa government to develop 300 MW of renewable projects in the state. NTPC REL has signed a memorandum of understanding (MoU) with the Goa Energy Development Agency (GEDA) for the development of 300 MW or more renewable energy projects with/without energy storage in the state. The MoU was exchanged on July 18 between Gauresh Ashok Pilgaonkar , Managing Director (GEDA) and Pushpendra Tyagi , CFO (NTPC REL), in the presence of Goa Chief Minister Pramod Sawant and other senior officials. GEDA is a State Nodal Agency for the implementation of the Rooftop Solar Subsidy scheme in Goa.
News18
19-07-2025
- Business
- News18
NTPC REL inks pact with Goa govt to develop 300 MW renewable projects
New Delhi, Jul 19 (PTI) NTPC Renewable Energy Limited (NTPC REL) has signed an agreement with the Goa government to develop 300 MW of renewable projects in the state. NTPC REL has signed a memorandum of understanding (MoU) with the Goa Energy Development Agency (GEDA) for the development of 300 MW or more renewable energy projects with/without energy storage in the state. The MoU was exchanged on July 18 between Gauresh Ashok Pilgaonkar, Managing Director (GEDA) and Pushpendra Tyagi, CFO (NTPC REL), in the presence of Goa Chief Minister Pramod Sawant and other senior officials. GEDA is a State Nodal Agency for the implementation of the Rooftop Solar Subsidy scheme in Goa. PTI ABI ABI BAL BAL Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
01-07-2025
- Business
- Time of India
NTPC REL adds 97.5 MW capacity at Khavda solar projects in Gujarat
New Delhi: NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited , has declared commercial operation of a total of 97.5 MW additional solar capacity across two projects in Khavda, Gujarat, from 00:00 hours on June 30, 2025. According to an official release, a 32.8 MW capacity (Second Part) of the 300 MW Khavda Solar Energy Project under the 450 MW Hybrid Tranche-V scheme was declared commercially operational. The First Part of this project, comprising 142.2 MW, was made operational on June 28, 2025. Simultaneously, NTPC REL commissioned 64.7 MW capacity (Third Part) of the 1255 MW Khavda-I Solar PV Project, being developed under the CPSU Scheme Phase-II, Tranche-III. The First and Second Parts of 110.25 MW and 146.7 MW, respectively, were declared commercially operational earlier on June 6 and June 28, 2025. The projects are part of NTPC REL's solar development portfolio at Khavda, Bhuj, in Gujarat. The company is executing large-scale solar projects as part of India's national renewable energy expansion programmes. NTPC REL is undertaking solar installations under government schemes including the CPSU and Hybrid initiatives aimed at boosting domestic renewable capacity.
