NTPCGREENNSENTPC Green Energy LimitedHighPositive
Announced Fri, 2 May · 14:39 IST

NTPC Green Energy Limited has informed the Exchange about commercial operation of third and last part capacity of 60 MW out of 150 MW Gujarat Solar PV Project of NTPC Renewable Energy Limited.

Greenfield CommissionedCapex & Operations View source PDF

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AI summary

NTPC Green Energy Limited has announced that the third and final 60 MW capacity of its 150 MW Gujarat Solar PV Project has begun commercial operation from 16 April 2025. The project is being developed by NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy, and was awarded under the GUVNL 500 MW Solar Phase XII tender. The first 60 MW was commissioned in July 2024 and the second 30 MW in December 2024, meaning the entire 150 MW project is now fully operational. The commissioning was certified by Gujarat Energy Development Agency (GEDA).

Likely market impact

Full commissioning of the 150 MW Gujarat solar project boosts NTPC Green Energy's operating renewable capacity and adds to its revenue-generating asset base, which is a positive operational milestone for shareholders.