NTPCNSENTPC Limited· PowerHighPositive
Announced Tue, 10 Mar · 17:47 IST

NTPC Limited has informed the Exchange regarding 'Declaration of COD of third partcapacity of 270 MW out of 1200 MW Khavda-II Solar PV Project located in Gujarat of NTPCRenewable Energy Limited'.

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Price reaction · full curve

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AI summary

NTPC has informed the exchange that its step-down subsidiary NTPC Renewable Energy Limited has declared Commercial Operation Date (COD) for 270 MW out of the 1200 MW Khavda-II Solar PV Project in Gujarat, effective 11th March 2026. With this addition, the total installed capacity of the NTPC group rises to 88,544 MW and commercial capacity to 87,464 MW. The commercial capacity of the NTPC Green Energy Limited (NGEL) group increases from 9,292.68 MW to 9,562.68 MW.

Likely market impact

This is a positive development for NTPC shareholders as it expands the company's renewable energy footprint, adds to revenue-generating capacity, and supports the group's clean energy growth targets.