NTPCNSENTPC Limited· PowerMediumPositive
Announced Wed, 24 Dec · 17:50 IST

NTPC Limited has informed the Exchange about declaration of COD of eighth part capacity of 69.04 MW out of 1255 MW Khavda-I Solar PV Project under CPSU scheme Phase-II Tranche-III in Gujarat of NTPC Renewable Energy Limited

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NTPC has declared the Commercial Operation Date (COD) for the eighth part capacity of 69.04 MW out of the total 1,255 MW Khavda-I Solar PV Project in Gujarat. The project is being developed by NTPC Renewable Energy Limited, a subsidiary of NTPC, under the CPSU (Central Public Sector Undertaking) scheme Phase-II Tranche-III. This marks another operational milestone as the company progressively commissions its large-scale solar capacity. The remaining parts of the 1,255 MW project are expected to be commissioned in phases going forward.

Likely market impact

This is a routine operational update reflecting incremental progress in NTPC's renewable energy capacity build-out. While positive for long-term revenue generation, this small 69.04 MW slice is unlikely to move the stock materially as it represents roughly 5.5% of the larger project's total capacity.