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NTPC Green Energy Ltd

NSE: NTPCGREEN BSE: 544289

105.80

(0.40%)

Wed, 27 May 2026, 05:53 pm

Company History

2021

  • The Ministry of Finance issued National Monetisation Pipeline (“NMP”) on August 23, 2021.

2022

  • Our Company was incorporated on April 7, 2022 for the reorganisation of NTPC Limited’s renewable energy business.
  • NTPC Limited transferred 100% of its equity shareholding held in NTPC Renewable Energy Limited (“NREL”) to our Company through a share purchase agreement dated July 8, 2022.
  • The Renewable Energy (“RE”) assets of NTPC Limited were transferred to our Company at book value, through a business transfer agreement dated July 8, 2022.

2023

  • Our Company acquired 15 renewable assets with a combined capacity of 2,861 MW, as well as equity shareholding in NTPC Renewable Energy Limited, from our Corporate Promoter, NTPC Limited.
  • Our Company and Indian Oil Corporation Limited incorporated a joint venture company “Indianoil NTPC Green Energy Private Limited” (INGEL) for the purpose of developing grid connected and/or off-grid renewable energy-based power projects.
  • Our wholly owned Subsidiary, NTPC Renewable Energy Limited launched its first wind project, with a capacity of 50 MW, in Dayapar, Bhuj, Gujarat.
  • The transfer of the RE assets and 100% equity shareholding in NREL, were completed on February 28, 2023.

2024

  • Our Company commissioned a 40 MW solar photovoltaic project in Ayodhya.
  • Our wholly owned Subsidiary, NTPC Renewable Energy Limited launched its first solar project in Chhattargarh, Rajasthan with a capacity of 150 MW.
  • Our operational capacity exceeded 3 GW on a consolidated level.
  • 50 MW capacity of the total 220 MW Shajapur Solar Project, owned by our material subsidiary, NTPC Renewable Energy Limited, was declared commercially operational.