NTPCGREENNSENTPC Green Energy LimitedHighPositive
Announced Sat, 18 Oct · 23:45 IST

NTPC Green Energy Limited has informed the Exchange about declaration of commercial operation of fourth part capacity of 37.95 MW out of 300 MW Khavda Solar Energy Project at Khavda, Bhuj, Gujarat of NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited, under 450 MW Hybrid Tranche V Project w.e.f. 00:00 Hrs of 19.10.2025.

Greenfield CommissionedCapex & Operations View source PDF

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AI summary

NTPC Green Energy has announced the commercial operation of an additional 37.95 MW solar capacity, which is the fourth part of its 300 MW Khavda Solar Energy Project in Bhuj, Gujarat. This capacity is part of the broader 450 MW Hybrid Tranche V Project being developed through its wholly owned subsidiary, NTPC Renewable Energy Limited. The new capacity has been declared commercially operational with effect from 00:00 hrs on 19 October 2025. This is a step-wise commissioning, with further parts of the 300 MW solar project likely to follow in subsequent announcements.

Likely market impact

Incremental capacity addition strengthens NTPC Green Energy's operational renewable energy portfolio, supporting future revenue growth. Such phased commissioning of solar capacity is a routine positive operational update and typically has a modest positive sentiment for the stock.