Ntpc Green Energy Ltd

The Board of NTPC Green Energy will meet on 29 April 2025 to consider and approve borrowing (raising of funds) up to a maximum amount of Rs.5,000 crore during the financial year 2025-26, by issuing secured/unsecured, redeemable, taxable/ tax free, cumulative, non-cumulative debentures (Bonds/ NCDs) in one or more tranches.Powered by Capital Market - Live

The new company will focus on developing, operating, and maintaining renewable energy parks across India. The joint venture, formalised 8 April 2025, is structured with NGEL holding a 74% stake and MAHAPREIT owning the remaining 26%. The entity will focus on developing ultra mega renewable energy power parks (UMREPP) and other solar, wind, and hybrid projects, with or without storage, totaling up to 10 GW in capacity. The project will initially focus on Maharashtra but may expand to other states. According to a regulatory filing, the incorporation was approved by the Ministry of Power after obtaining concurrence from DIPAM and NITI Aayog. NGEL has subscribed to 74,000 equity shares at a face value of Rs 10 each. Further, the company has commissioned a 90 MW unit of Dayapar Wind Energy Project Phase I in Gujarat. The second part, with a capacity of 90 MW out of 150 MW, of the Dayapar Wind Energy Project Phase I of NTPC Renewable Energy Limited at Bhuj, under the 450 MW Hybrid Project, is declared to be on commercial operation, effective from 9 April 2025, it added. The first part, with a capacity of 50 MW, has already been declared in commercial operation, effective from 4 November 2023. NTPC Green Energy (NGEL), promoted by 'Maharatna' central public sector enterprise NTPC, is the largest renewable energy (excluding hydro) public sector enterprise in terms of operating capacity. The company reported an 18% jump in consolidated net profit to Rs 65.61 crore in Q3 FY25 as against Rs 55.61 crore posted in Q3 FY24. Revenue from operations grew by 13.2% YoY to Rs 505.08 crore in the quarter ended 31 December 2024. Shares of NTPC Green Energy shed 0.99% to Rs 95.45 on the BSE. Powered by Capital Market - Live

NTPC Green Energy announced that 'NTPC-MAHAPREIT Green Energy', has been incorporated on 08 April 2025 as 74:26 joint venture of NTPC Green Energy (NGEL) and Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT). NTPC-MAHAPREIT Green Energy will be engaged in the business of developing, operating and maintaining Renewable Energy Parks including UMREPP/ RE Projects comprising of Solar/Wind/Hybrid with or without Storage up to 10 GW capacities in Maharashtra and any other state in India. Powered by Capital Market - Live

The final 50 MW capacity was commissioned and commenced commercial operations on 13 March 2025. The first phase of the project, with a capacity of 55 MW, was activated on 29 November 2024. With this, the entire 105 MW capacity at the Shajapur Solar Park is now fully operational. NTPC Green Energy (NGEL), promoted by 'Maharatna' central public sector enterprise NTPC, is the largest renewable energy (excluding hydro) public sector enterprise in terms of operating capacity. The company reported an 18% jump in consolidated net profit to Rs 65.61 crore in Q3 FY25 as against Rs 55.61 crore posted in Q3 FY24. Revenue from operations grew by 13.2% YoY to Rs 505.08 crore in the quarter ended 31 December 2024. Shares of NTPC Green Energy rose 0.70% to Rs 98.18 on the BSE.Powered by Capital Market - Live

The key equity benchmarks continued to trade in positive territory, posting minor gains in morning trade. The Nifty traded above 22,550 mark. Media shares jumped after declining in the past two consecutive trading sessions. At 10:25 IST, the barometer index, the S&P BSE Sensex, advanced 183.55 points or 0.25% to 74,645.46. The Nifty 50 index added 19.75 points or 0.09% to 22,573.10. In the broader market, the S&P BSE Mid-Cap index fell 0.05% and the S&P BSE Small-Cap index gained 0.05%. The market breadth was positive. On the BSE, 2,007 shares rose and 1,398 shares fell. A total of 199 shares were unchanged. The stock market will be closed tomorrow, 26th February 2025, on account of Mahashivratri. Buzzing Index: The Nifty Media index advanced 1.70% to 1502.85. The index declined 2.14% in the past two trading session. he Zee Entertainment Enterprises (up 3.13%), Sun TV Network (up 2.38%), Dish TV India (up 2.06%), PVR Inox (up 1.86%) and Nazara Technologies (up 1.75%) were the top gainers. Among the other gainers were Network 18 Media & Investments (up 1.52%), Hathway Cable & Datacom (up 0.72%), Saregama India (up 0.55%), Den Networks (up 0.5%) advanced. Stocks in Spotlight: NTPC Green Energy fell 1.03% after the firm inked memorandum of understanding (MoU) with Madhya Pradesh Power Generating Company (MPPGCL). Biocon added 2.01% after the company announced that its subsidiary, Biocon Biologics (BBL), has launched YESINTEK (ustekinumab-kfce) in the United States. Gensol Engineering rose 0.01%. The company said that it has signed a non-binding term sheet for the sale of its US subsidiary Scorpius Trackers Inc. to a major renewable energy solutions provider in the US for Rs 350 crore.Powered by Capital Market - Live

NTPC Green Energy (NGEL) and Bharat Light and Power (BLP) signed a Memorandum of Understanding (MoU) on 19 February 2025, to address the need for pacing green energy objectives and the GoI's efforts towards carbon neutral economy. The MOU is to jointly explore the off-take of green hydrogen and its derivatives from NGEL and its affiliates to third parties. Opportunities for selling captured carbon or biogenic carbon from NGEL will also be in scope. NGEL/or through its Affiliates shall set up infrastructure required for functioning of the green hydrogen project including RE projects and regular operation under B-O-O mode, as a part of it's Net Zero commitments. Powered by Capital Market - Live

Revenue from operations grew by 13.2% YoY to Rs 505.08 crore in the quarter ended 31 December 2024. As compared to Q2 FY25, the company's net profit surged by 72.4%, while revenue increased marginally by 0.24% in Q3 FY25. Profit before tax stood at Rs 99.24 crore in the quarter ended 31 December 2024, up 23.8% as against Rs 80.18 crore recorded in Q3 FY24. The company's total expenses increased 25.8% YoY to Rs 482.22 crore during the quarter. Finance costs stood at Rs 206.10 crore (up 18.8% YoY) and employee benefit expenses stood at Rs 18.92 crore (up 111.2% YoY) during the period under review. On nine-month basis, the company's net profit fell 7.5% to Rs 242.26 crore on 9.1% increase in revenue to Rs 1,587.37 crore in 9M FY25 over 9M FY24. NTPC Green Energy (NGEL), promoted by 'Maharatna' central public sector enterprise NTPC, is the largest renewable energy (excluding hydro) public sector enterprise in terms of operating capacity. NTPC Green Energy listed on the bourses on 27 November 2024. The scrip was listed at Rs 111.60, exhibiting a premium of 3.33% to the issue price. The scrip slipped 3.57% to Rs 108.15 on the BSE. Powered by Capital Market - Live

Net profit of NTPC Green Energy rose 17.98% to Rs 65.61 crore in the quarter ended December 2024 as against Rs 55.61 crore during the previous quarter ended December 2023. Sales rose 13.21% to Rs 505.08 crore in the quarter ended December 2024 as against Rs 446.14 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales505.08446.14 13 OPM %83.8588.55 - PBDT293.80238.84 23 PBT99.2480.18 24 NP65.6155.61 18 Powered by Capital Market - Live

NTPC Renewable Energy (NTPC REL), a wholly owned subsidiary of NTPC Green Energy (NGEL), has emerged as a successful bidder in the e-reverse auction conducted by NHPC. The tender aimed at the 'Selection of Solar Power Developers for Setting up of 1200 MW (1.2 GW) ISTS (Inter State Transmission System) Connected Solar Power Projects with 600MW/1200MWh Energy Storage Systems (ESS) on an anywhere-in-India basis under Tariff Based Competitive Bidding with Green Shoe Option.' NTPC REL secured a capacity of 300MW at a tariff of ₹3.09/kWh. In line with the Request for Selection (RFS) conditions, the project will include the establishment of an Energy Storage System (ESS) with a capacity of 150MW/300MWh, ensuring enhanced reliability and efficiency of the solar power generation. The auction was concluded on 23 January 2025, and NTPC REL is now awaiting the issuance of the Letter of Award (LOA) from NHPC.Powered by Capital Market - Live

NTPC Green Energy will hold a meeting of the Board of Directors of the Company on 25 January 2025.Powered by Capital Market - Live