NTPC Limited has informed the Exchange about Disclosures dated 30.06.2025 made By Our Subsidiary NTPC Green Energy Limited reg. Declaration of COD of the second part capacity of 32.80 MW out of 300 MW Khavda Solar Energy Project and the third part capacity of 64.7 MW out of 1255 MW Khavda-I Solar PV Project of NTPC RenewableEnergy Limited (NTPC REL)
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Awaiting price reaction for this filing.
NTPC has informed the exchange about COD declarations made by its subsidiary NTPC Green Energy Limited (NGEL). On June 30, 2025, an additional 32.80 MW out of the 300 MW Khavda Solar Energy Project (under 450 MW Hybrid Tranche-V) was declared commercially operational. On the same day, an additional 64.7 MW out of the 1,255 MW Khavda-I Solar PV Project (under CPSU Scheme Phase-II Tranche-III) was also declared commercially operational. Both projects are in Gujarat and operated by NTPC Renewable Energy Limited (NTPC REL), a step-down subsidiary of NTPC. Earlier parts of these projects (142.2 MW from Khavda, and 110.25 MW + 146.7 MW from Khavda-I) were already commissioned in June 2025. In total, about 97.5 MW of fresh solar capacity started commercial operations on this single day.
Positive for NTPC and NTPC Green Energy — this reflects steady execution of the renewable energy pipeline and adds to revenue-generating capacity from solar projects. Such COD announcements support the long-term growth story in the green energy vertical but are routine in nature and unlikely to cause sharp stock movement on their own.