NTPC Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding Declaration of COD of third and last part capacity of 60 MW out of 150 MW Gujarat Solar PV Project of NTPC Renewable Energy Limited (NTPC REL),a stepdown subsidiary of NTPC Limited through its subsidiary NTPC Green Energy Limited.
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NTPC Limited announced that the third and final 60 MW portion of the 150 MW Gujarat Solar PV Project, executed by its stepdown subsidiary NTPC Renewable Energy Limited (NTPC REL), has been declared commercially operational effective April 16, 2025. This completes the full 150 MW project, awarded under the GUVNL/500 MW/Solar (Phase XII) tender. The first 60 MW and second 30 MW tranches were commissioned in July 2024 and December 2024 respectively. With this, the total installed and commercial capacity of the NTPC Group rises to 80,155 MW.
This is a positive operational milestone for NTPC's renewable energy arm, contributing incremental solar capacity and revenue to the group. For shareholders, it signals steady execution of NTPC's green energy expansion roadmap, though the 60 MW addition is small relative to NTPC's overall 80,000+ MW portfolio and is unlikely to move the stock price materially.