Announced Fri, 3 Jul · 18:04 IST
NTPC REL signs 1,200 MW solar PPA with PTC India
Business Updates View source PDF
NTPCGREEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹95.49
prior close
₹95.61
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.6-0.7-0.6-3.0-3.0-2.4-1.4-0.9-2.6-1.9———
Up moveDown movePending
AI summary
NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited, has signed a Power Purchase Agreement with PTC India Limited to sell 1,200 MW of solar power under a bilateral arrangement. The PPA was exchanged in the presence of senior officials from both organizations. The agreement aims to strengthen collaboration and promote clean and sustainable energy in India.
Likely market impact
Positive: adds 1,200 MW solar capacity under a long-term PPA, supporting revenue visibility and renewable energy portfolio growth.