NTPC Green Energy Limited has informed the Exchange about commercial operation of first part capacity of 210 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. 00:00 hrs of 01.02.2026.
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NTPC Green Energy Limited, through its wholly owned subsidiary NTPC Renewable Energy Limited, has commenced commercial operations of the first 210 MW tranche of the 1200 MW Khavda-II Solar PV Project, effective 00:00 hrs on 1 February 2026. This means about 17.5% of the total 1200 MW project capacity is now operational and can start generating revenue. The remaining ~990 MW is expected to be commissioned in later phases. Khavda is one of India's largest solar parks, located in Gujarat, and is a flagship project for NTPC's renewable energy expansion.
Positive for shareholders — incremental revenue generation from 210 MW of new solar capacity strengthens NTPC Green Energy's earnings trajectory and demonstrates timely execution of its large project pipeline, though the impact on stock price is likely modest since commissioning of internal projects is largely anticipated.