- CEO
- Sarit Maheshwari
- Full Time Employees
- 3,681
- Sector
- Utilities
- Industry
- Alternative power generation
- Address
- NTPC Bhawan, CORE-7 Noida India 110003
- IPO Date
- Nov 27, 2024
- Business
- NTPC Green Energy Ltd, a wholly owned subsidiary of NTPC Ltd incorporated in 2022 and headquartered in New Delhi, India, is an India-based green energy solutions company focused on power generation from renewable sources including solar power, wind power, floating solar power, hybrid power, energy storage, and green hydrogen; it develops onshore and offshore wind projects, solar photovoltaic installations across sites such as Rajgarh, Anantapur, Bhadla, Mandsaur, Khavda, and Ayodhya, and offers consultancy, project management, and supervision services primarily targeting state electricity boards and supporting India's energy transition with a portfolio exceeding 17,000 MW in solar and wind projects and an ambition of 60 GW by fiscal 2032. The company operates through organic project development and inorganic growth across multiple Indian states including Gujarat, Madhya Pradesh, Rajasthan, Andhra Pradesh, and Chhattisgarh, with recent expansions including the commissioning of a 100 MW solar project in September 2025 boosting group capacity to over 83 GW, a 9.9 MW wind project in Bhuj, Gujarat set for commercial operations in October 2025, and 75.5 MW partial capacity from the 1,255 MW Khavda-I solar project in November 2025. Key recent developments encompass strategic joint ventures such as ONGC NTPC Green Pvt Ltd (ONGPL) formed in November 2024 for battery storage, wind, and green chemicals; a February 2025 acquisition of Ayana Renewable Power assets totaling 4.1 GW by ONGPL; a joint venture agreement with Chhattisgarh State Power Generation Co Ltd for up to 2 GW of solar, wind, hybrid, and floating solar projects; memorandums of understanding with Paradip Port Authority and Singareni Collieries in 2025 for solar, wind, hydrogen, and other renewables; plans for a Rs 5,000 crore bond issue in 2025 to fund expansions; and a Rs 1,500 crore non-convertible debenture issuance in November 2025 at 7.01% for infrastructure development.