About NTPC Green Energy Limited 

 

NTPC Green Energy Limited (NGEL) serves as NTPC Limited’s renewable energy business unit which delivers sustainable green power for India’s energy transformation. The organization operates solar power facilities together with wind energy facilities and hybrid power systems and energy storage solutions and green hydrogen production and delivers project management consultancy services when needed to NTPC subsidiaries or joint ventures. . The company’s establishment received its major boost from the July 08, 2022 agreements which transferred 15 renewable energy assets along with 100 percent of NTPC Renewable Energy Limited (NREL) share ownership from NTPC to NGEL.

 

The operational capacity of NTPC Green Energy Limited (NGEL) reached 2,901 MW for standalone operations and 5,902 MW across its entire group as of March 31, 2025. The generation totals reached 5.88 billion units in standalone operations and 6.90 billion units across the entire group. The group’s average Capacity Utilisation Factor improved to 24.07 Per cent in 2024–25. The company operates its facilities across six Indian states with facilities located in Rajasthan and Madhya Pradesh and Uttar Pradesh and Andhra Pradesh and Tamil Nadu and Gujarat while NREL hosts its additional operational assets. .

 

NGEL’s equity shares made their NSE and BSE stock exchange debut on November 27, 2024 after an Initial Public Offering that attracted numerous investors. The company achieved its year by expanding its operational capacity through new installations and establishing additional projects with its subsidiaries and joint ventures. The first stone for constructing a green hydrogen facility at Pudimadaka in Andhra Pradesh was placed in January 2025 and NGEL maintains a 33-year lease to use 1,200 acres for this facility . The company maintained five subsidiaries together with four joint ventures during the year ending March 31, 2025. .

 

Key milestones achieved include:

– The acquisition of substantial renewable energy assets together with NREL by NGEL took place on July 08, 2022..

– The company achieved public listing through the successful completion of its IPO which began on November 27, 2024.

– The company achieved group capacity expansion to 5,902 MW through new installations and joint ventures activities.

 

Key Management of NTPC Green Energy Limited 

– Gurdeep Singh, Chairman & Managing Director.

– Jaikumar Srinivasan, Director (Finance).

– Shanmugha Sundaram Kothandapani, Director (Projects).

– Sarit Maheshwari, Chief Executive Officer.

– Neeraj Sharma, Chief Finance Officer.

– Manish Kumar, Company Secretary and Compliance Officer.

 

Latest Updates of NTPC Green Energy Limited 

– The IPO led to a successful stock exchange listing for NGEL on November 27, 2024 when the company received more than 20 lakh applications and the shares were subscribed 2.4 times.

– Capacity and operations: The company achieved 2,901 MW in standalone capacity along with 5,902 MW in group capacity and produced 6.90 billion units at group level while CUF reached 24.07 Per cent..

– A green hydrogen facility foundation stone ceremony took place in Andhra Pradesh for Pudimadaka while NGEL possesses a 33-year lease agreement for 1,200 acres to construct the project.

– Strategic acquisition via JV: ONGC NTPC Green Private Limited secured Ayana Renewable Power Private Limited for Rs 6,248.50 crore through a joint venture partnership. NGEL provided equity support worth Rs 3,152 crore for this transaction. The company operates 2,123 MW of renewable energy projects in solar and wind sectors from its acquired portfolio .

– The company received credit ratings of CRISIL AAA/Stable and A1+ (May 06, 2024) and India Ratings AAA/Stable and A1+ (May 31, 2024) before receiving additional confirmations for multiple instruments on June 18, 2025.