NTPC Green Energy Limited has informed the Exchange about declaration of commercial operation of first part capacity of 110.25 MW out of 1255 MW Khavda-I Solar PV Project of NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited.
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NTPC Green Energy Limited has declared commercial operation of the first part capacity of 110.25 MW out of the total 1255 MW Khavda-I Solar PV Project, effective from 00:00 hours on 06.06.2025. The project is being developed by NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited. This is the initial phase of a much larger solar project, with only about 8.8% of the total planned 1255 MW capacity being commissioned so far. The remaining capacity is expected to be commissioned in subsequent phases. NTPC Green Energy is the renewable energy arm of state-owned power major NTPC, and Khavda in Gujarat is one of the world's largest solar park developments.
Positive for shareholders as it marks the start of revenue generation from a large-scale solar project, though the first phase (110.25 MW) is a small fraction of the total 1255 MW, so the immediate financial impact is limited. Progress on the remaining capacity will be a key monitorable for future earnings visibility.