Ntpc green energy limited: NTPC Renewable Energy NTPC Renewable Energy

NTPC Renewable Energy NTPC Renewable Energy Ltd . (NTPCREL), a subsidiary of NTPC Green Energy Limited (NGEL), was established on October 7, 2020, to drive NTPC ’s renewable energy growth and support India’s transition toward a sustainable future. Business Profile [1] NTPC Green Energy Limited (NGEL) is a renewable energy subsidiary of NTPC Limited , a central public sector enterprise. As of September 30, 2024, NGEL is the largest renewable energy public sector enterprise in India (excluding hydro). Their business model centers on development, construction, and operation of renewable energy projects (solar and wind), supported by long-term Power Purchase Agreements (PPAs). Summary NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited , is poised for substantial growth, driven by India's aggressive renewable energy (RE) targets. With a current RE portfolio of 3,618 MW and an additional 9,214 MW under construction, NGEL is targeting 60 GW of RE capacity by FY32. NGEL is strategically aligned with India’s push for green hydrogen, solar parks, and hybrid projects. NGEL benefits from government initiatives such as viability gap funding, PLI, and a growing ... State-owned NTPC Green Energy Ltd (NGEL) on Wednesday (October 29) reported a 131.6% year-on-year increase in net profit at ₹88 crore for the quarter ended September 30, 2025, compared to ₹38 crore in the same quarter last year.