Latest news with #NTPCRenewableEnergy
Time of India
2 days ago
- Business
- Time of India
NTPC Group installed capacity stands at 80,265 MW post commissioning of 110.25 MW solar supply
Power giant NTPC on Friday said its group installed generation capacity stood at 80,265 MW after its step-down arm NTPC Renewable Energy began 110.25 MW commercial supply from 1255 MW Khavda solar project . In a regulatory filing, the company said consequent upon successful commissioning, first part capacity of 110.25 MW out of 1255 MW Khavda-I Solar PV Project of NTPC Renewable Energy Ltd , a wholly-owned subsidiary of NTPC Green Energy , is declared on Commercial Operation "w.e.f. 00:00 Hrs. of June 6, 2025". NTPC Green Energy is a subsidiary of NTPC Ltd. With this, the total installed and commercial capacity of the NTPC group stood at 80,265 MW, the filing said.
&w=3840&q=100)
Business Standard
2 days ago
- Business
- Business Standard
NTPC hits 80,265 MW capacity after commissioning 110 MW Khavda project
In a regulatory filing, the company said consequent upon successful commissioning, first part capacity of 110.25 MW out of 1255 MW Khavda-I Solar PV Project Power giant NTPC on Friday said its group installed generation capacity stood at 80,265 MW after its step-down arm NTPC Renewable Energy began 110.25 MW commercial supply from 1255 MW Khavda solar project. In a regulatory filing, the company said consequent upon successful commissioning, first part capacity of 110.25 MW out of 1255 MW Khavda-I Solar PV Project of NTPC Renewable Energy Ltd, a wholly-owned subsidiary of NTPC Green Energy, is declared on Commercial Operation "w.e.f. 00:00 Hrs. of June 6, 2025". NTPC Green Energy is a subsidiary of NTPC Ltd. With this, the total installed and commercial capacity of the NTPC group stood at 80,265 MW, the filing said.
&w=3840&q=100)
Business Standard
3 days ago
- Business
- Business Standard
NTPC Green shares climb 4% after arm inks 1000 MW PPA with UP Power Corp
NTPC Green Energy shares gained 3.5 per cent in trade on Thursday, June 5, 2025, logging a day's high at ₹111.8 per share on BSE. The stock was in demand after the company arm NTPC Renewable Energy signed a power purchase agreement (PPA) for the 1000 MW capacity in UPPCL's Solar PV Power Project. The move comes after NTPC Renewable Energy in January 2025 won 1000 MW in Uttar Pradesh Power Corporation Limited's (UPPCL's) Solar PV Power Project Auction. At 9:32 AM, NTPC Green share price was trading 1.62 per cent higher at ₹109.7 per share on the BSE. In comparison, the BSE Sensex was up 0.54 per cent at 81,434.94. The market capitalisation of the company stood at ₹92,352.57 crore. The 52-week high of the stock was at ₹155.30 per share and the 52-week low of the stock was at ₹84.6 per share. NTPC Green order On January 4, 2025, NTPC Green Energy informed that its subsidiary NTPC Renewable Energy emerged as a successful bidder in the e-reverse auction conducted by UPPCL. The tender, aimed at the "Selection of Solar Power Developers for Setting up 2000 MW ISTS-connected Solar PV Power Projects in India under Tariff-Based Competitive Bidding," conducted on January 3, 2025. NTPC REL secured a capacity of 1000 MW at an impressive tariff of ₹2.56/kWh. NTPC Green shares made a quiet debut on the stock exchanges in November 2025. The company's stock was listed at ₹111.6 apiece on the BSE, and ₹111.50 on the NSE, reflecting a premium of ₹3.33 and 3.24 per cent, respectively, over its issue price of ₹108. ALSO READ | About NTPC Green NTPC Green Energy is part of NTPC's green energy transition strategy. The company focuses on both organic and inorganic growth to achieve its target of 60 GW of renewable energy capacity by FY32. NGEL participates in competitive bidding, tenders, and Ultra Mega Renewable Energy Power Parks (UMREPP), with plans to strengthen its position in the green energy sector in India and internationally.
Mint
4 days ago
- Business
- Mint
NTPC Green Energy share price gains over 3% on signing of 1000 MW power purchase deal
NTPC Green Energy share price in focus: Shares of NTPC Green Energy, a wholly owned subsidiary of NTPC Limited that recently debuted on Dalal Street, soared 3.8% in early trade on Thursday, June 04, to reach ₹ 112. The rally followed an exchange filing by the company on Wednesday, in which it announced that NTPC Renewable Energy, a wholly owned subsidiary of Green Energy, had signed a Power Purchase Agreement (PPA) for a 1,000 MW capacity at a discovered tariff of ₹ 2.56 per kWh. NTPC Renewable Energy had won the 1,000 MW project in the Uttar Pradesh Power Corporation Ltd. (UPPCL) solar PV power project through an e-reverse auction held on January 4. The tender was part of the 'Selection of Solar Power Developers for Setting up 2000 MW ISTS-connected Solar PV Power Projects in India under Tariff-Based Competitive Bidding.' NTPC REL secured a capacity of 1,000 MW under this process. The shares have been buzzing on Dalal Street lately, driven by multiple renewable energy order wins and a strong performance in the March quarter. On May 22, the company also announced that it had successfully emerged as the winning bidder in the e-reverse auction conducted by NHPC Limited on May 21, 2025, securing a cumulative capacity of 80 MW/320 MWh under the competitive bidding process. For the March ending quarter, the company reported a net profit of ₹ 233.21 crore, a 255% YoY jump, while its consolidated revenue from operations rose 22.4% year-on-year to ₹ 622.27 crore. For the full year, NTPC Green's net profit rose 39% to ₹ 475.5 crore in FY25, from ₹ 342.8 crore in FY24. Revenue from operations grew 12.5%, reaching ₹ 2,209.6 crore in FY25 compared to ₹ 1,962.6 crore in the previous fiscal year. The company shares over the last four months have jumped from ₹ 87 apiece to the current level of ₹ 109, resulting in a healthy gain of 25.3%. The company's shares debuted on Dalal Street on November 27 at ₹ 121.70, compared to the IPO price of ₹ 108. The stock initially maintained its upward momentum, reaching an all-time high of ₹ 155.35 apiece. At current levels, the stock is trading at a modest 10.4% discount to its listing price of ₹ 121.70 but trades near to the IPO price. Despite recent volatility, analysts remain bullish on the stock, citing NTPC Green Energy's strong fundamentals and strategic positioning in India's renewable energy sector. NTPC Green is the largest renewable energy public sector enterprise (excluding hydro) in terms of operating capacity. Its portfolio includes both solar and wind assets across more than six states, helping mitigate the risks associated with location-specific generation variability. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Time of India
02-05-2025
- Business
- Time of India
NTPC Renewable Energy's 150 MW Gujarat Solar PV project fully operational
New Delhi: NTPC Green Energy on Friday said its arm NTPC Renewable Energy 's 150 MW Gujarat Solar PV project is now fully operational commercially. The first part capacity of 60 MW and second part capacity of 30 MW had started commercial operations from July 29, 2024, and December 11, 2024, respectively, according to a regulatory filing. Based on a certificate issued on April 30, 2025 issued by Gujarat Energy Development Agency (GEDA), the third and last part capacity of 60 MW out of 150 MW Gujarat Solar PV Project of NTPC Renewable Energy Ltd, was declared fully operational commercially from April 16, 2025.
