NTPC Green Energy Limited has informed the Exchange about declaration of commercial operation of fifth part capacity of 37.925 MW out of 300 MW Khavda Solar Energy Project of NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited.
NTPCGREEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NTPC Green Energy has declared commercial operation of a fifth part capacity of 37.925 MW from the 300 MW Khavda Solar Energy Project. The project is being developed by NTPC Renewable Energy Limited, a wholly owned subsidiary of the company. This is a phased commissioning, meaning the company is gradually bringing online different sections of a larger solar project. The remaining capacity of the 300 MW project is still under development or yet to be commissioned. Khavda is one of India's largest solar parks, located in Gujarat.
Positive incremental update as it adds to NTPC Green Energy's operational renewable capacity and supports revenue generation from the new asset. However, the impact is limited since this is a small part of the larger 300 MW project and is part of an ongoing phased rollout already known to investors.