NTPC Green signs MoU with Assago for Green Urea plant supplies

Marquee JV announcedStrategic Transactions View source PDF Explain this filing

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

+2.0%Reaction day

₹85.30

prior close

₹88.90

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+2.9%-1.0% vs market

Power Generation peers, median of 27sector+2.4%-0.4% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Midcap 150 and 0.4 pts less 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

-2.2

10m

-2.5

15m

-2.7

30m

-3.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0+2.9-1.0+2.4-0.4

Next day

+2.8+3.5-0.8+4.9-2.1

+1.3+3.2-1.9+3.9-2.6

+1.9+3.2-1.3+2.7-0.9

+3.2+4.8-1.6+4.5-1.3

+4.8+5.2-0.4+5.0-0.2

+4.4+4.7-0.3+4.4+0.1

15d

+5.4+2.7+2.7+2.1+3.2

+0.2-1.2+1.3-3.7+3.9

+15.0-5.5+20.5-1.1+16.1

+30.7+4.3+26.5+16.8+13.9

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 signed an MoU with Assago Industries on 2 Feb 2026 to supply Green Ammonia, CO2, Renewable Energy Power and related utilities for Assago's proposed 1000 TPD Green Urea plant. The plant is being explored at NGEL's Green Hydrogen Hub at Pudimadaka near Visakhapatnam, Andhra Pradesh. MoU was signed at NTPC Bhawan, New Delhi.

Likely market impact

Positive for NGEL. Boosts its Pudimadaka green hydrogen hub, adds long-term offtake visibility, though the MoU is non-binding and execution risks remain.