NTPC Limited has informed the Exchange about declaration of COD of ninth part capacity of 13.98 MW out of 1255 MW Khavda-I Solar PV Project of NTPC Renewable Energy Limited
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NTPC, through its subsidiary NTPC Green Energy Limited and step-down subsidiary NTPC Renewable Energy Limited, has declared Commercial Operation Date (COD) for the ninth part capacity of 13.98 MW out of the 1255 MW Khavda-I Solar PV Project in Gujarat under the CPSU scheme Phase-II Tranche-III, effective from 00:00 hrs on 30.12.2025. With this addition, NTPC Green Energy Group's commercial capacity rises from 7,996.30 MW to 8,010.28 MW. The total installed and commercial capacity of the NTPC group now stands at 85,637 MW. The remaining capacity of the 1255 MW project is still under development and will be commissioned in future parts.
Incremental positive for NTPC and its renewable arm NTPC Green Energy as it adds a small but steady chunk of operational solar capacity, contributing to revenue and reinforcing the company's renewable energy expansion plans. Likely a neutral-to-mildly-positive impact on the stock given the small size of this tranche relative to the overall project and group capacity.