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NTPC Green Energy’s arm signs MoU with Govt of Gujarat

10 Oct 2025 Evaluate

NTPC Green Energy’s wholly owned subsidiary -- NTPC Renewable Energy (NTPC REL) has signed a Memorandum of Understanding (MoU) with Govt of Gujarat for development of Solar Parks and Projects with a cumulative capacity of 10 GW and Wind Projects of 5 GW in the state.

Earlier, the company had signed a MoU with V.O. Chidambaranar Port Authority (VOCPA) on September 05, 2025, in Tuticorin, Tamilnadu. 

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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