NTPC Green Energy Limited has informed the Exchange about signing of PPA for 1000 MW UPPCL's Solar PV Power Project.

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

NTPCGREEN · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.1%Reaction day

₹107.93

prior close

₹110.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.7%+0.5% vs market

Power Generation peers, median of 27sector-0.1%+1.2% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Midcap 150 and 1.2 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

-0.1

15m

+0.0

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1+0.7+0.5-0.1+1.2

Next day

+0.7+1.7-1.0+1.0-0.3

+4.5+2.7+1.8+2.4+2.0

+4.2+2.7+1.5+3.0+1.2

+3.8+2.4+1.4+3.7+0.1

+0.8+0.8-0.0+1.6-0.8

+0.3+1.2-0.9+1.0-0.7

15d

-1.2+2.0-3.1+0.2-1.4

-0.9+2.7-3.6+0.2-1.1

-2.2-0.2-2.0+0.0-2.2

-3.5-0.8-2.8-2.8-0.7

UpDownMarket · Nifty Midcap 150Sector · Power Generation peers, median of 27Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NTPC Green Energy Limited has announced that NTPC Renewable Energy Limited (a group entity under NTPC Limited) has signed a Power Purchase Agreement (PPA) with UPPCL for a 1000 MW Solar PV Power Project. The PPA was signed on June 4, 2025, following the company's win in UPPCL's auction earlier in January 2025. The discovered tariff is ₹2.56 per kWh, which is competitive for large-scale solar projects in India. This is a significant capacity addition that will contribute meaningfully to NTPC Green Energy's renewable energy portfolio.

Likely market impact

Positive for shareholders — a 1000 MW solar PPA with a state utility provides long-term revenue visibility (typically 25 years) and strengthens the order book. At an estimated 25% capacity utilization, this project could generate ~₹5,600 crore in annual revenue, making it a material order relative to the company's size. Expected to support stock sentiment and future earnings growth.