NTPC Green Energy Limited has informed the Exchange about commercial operation of part capacity of 75 MW (Lot-4) (cumulative 225 MW) out of total 500 MW plant capacity of IRCON Renewable Power Limited (IRPL).
NTPCGREEN · price
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Awaiting price reaction for this filing.
NTPC Green Energy has declared part capacity of 75 MW (Lot-4) as commercially operational at the 500 MW IRCON Renewable Power Limited (IRPL) plant, effective 00:00 hrs on May 2, 2025. With this addition, the cumulative commissioned capacity at IRPL has reached 225 MW, leaving another 275 MW yet to be commissioned. IRPL is a joint venture, with Ayana Renewable Power (a wholly-owned subsidiary of ONGC NTPC Green Pvt. Ltd., itself a JV of NTPC Green) holding the stake. This is a step towards full commissioning of the 500 MW renewable energy project.
Positive for shareholders — incremental revenue-generating capacity is coming online at the JV level, though the remaining 275 MW commissioning timeline and cost details are not disclosed, which investors should track.