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NTPC Green Energy’s arm signs PPA for 1000 MW solar PV power project

05 Jun 2025 Evaluate

NTPC Green Energy’s subsidiary -- NTPC Renewable Energy has signed the power purchase agreement (PPA) for 1000 MW capacity at a discovered tariff of Rs 2.56 per kWh. Earlier, NTPC Renewable Energy had won 1000 MW in Uttar Pradesh Power Corporation's (UPPCL’s) Solar PV Power Project auction conducted on January 03, 2025.

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).

Peers
Company Name CMP
NTPC 333.30
Tata Power 365.00
Adani Power 209.85
Power Grid Corpn. 269.10
Adani Energy Solut. 1373.75
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