NTPC Limited has informed the Exchange regarding 'Declaration of COD of first part capacity of 300MW out of 500MW Bhadla Solar PV Project in Rajasthan of NTPC Renewable Energy Limited.'.
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NTPC has informed the exchange that the first part of its 500 MW Bhadla Solar PV Project in Rajasthan has begun commercial operations. Of the total 500 MW capacity, 300 MW has been declared commercially operational under NTPC Renewable Energy Limited (a subsidiary of NTPC). The remaining 200 MW is expected to be commissioned in a subsequent phase. This adds to NTPC's growing renewable energy portfolio and supports the company's clean energy capacity expansion plans.
Positive for shareholders — 300 MW of solar capacity is now revenue-generating, boosting NTPC's renewable energy earnings and aligning with India's green energy targets. The remaining 200 MW COD in a later phase could provide additional upside.