NTPC Green Energy has signed a Joint Venture Agreement (JVA) with Chhattisgarh State Power Generation Company (CSPGCL) on March 10, 2025. The company has signed JVA to form Joint Venture Company (JVC). The objective of the proposed JVC will be to develop, operate and maintain Renewable Energy Park including UMREPP and Project(s) in State of Chhattisgarh or any other identified locations comprising of Solar/Wind/Hybrid upto 2 GW capacities and identification of reservoirs for Development of Floating Solar Projects.
The shareholding pattern of the proposed JVC will be 74% by the company and 26% by CSPGCL.
NTPC Green Energy is a wholly owned subsidiary of NTPC, a ‘Maharatna’ central public sector enterprise. The company is mainly engaged in the activity of developing, building, owning, operating and maintaining utility scale grid connected solar and wind power projects (through O&M operations and in-house engineering).
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
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