NTPCGREENNSENTPC Green Energy LimitedHighPositive
Announced Tue, 10 Mar · 17:02 IST

NTPC Green Energy Limited has informed the Exchange about declaration of commercial operation of third part capacity of 270 MW out of 1200 MW Khavda-II Solar PV Project of NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited w.e.f. 11.03.2026.

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AI summary

NTPC Green Energy Limited has begun commercial operations of the third tranche of 270 MW from its 1,200 MW Khavda-II Solar PV Project in Gujarat. This capacity is owned by NTPC Renewable Energy Limited, a wholly owned subsidiary of NGEL, and became operational from midnight on 11 March 2026. With this addition, the group's total commercial capacity rises from 9,292.68 MW to 9,562.68 MW. The remaining 930 MW of the Khavda-II project is yet to be commissioned. The project is part of the broader Khavda renewable energy park in Gujarat, one of India's largest solar installations.

Likely market impact

This is a positive development as it adds incremental revenue-generating solar capacity (~2.9% increase in group capacity) and reflects steady execution of the company's renewable energy expansion plans. Investors should note that the full 1,200 MW project is still incomplete, so future commissioning updates will further shape capacity growth.