NTPC Green Energy Reports Strong Q3 Growth

04 Feb 2025 CW Team

However, the Earnings Per Share (EPS) showed a slight decline, falling from ?0.12 ($0.0014) in Q3 FY24 to ?0.08 ($0.00092) in the current quarter.

For the first nine months (9M) of FY25, NTPC Green's total income increased by 15%, totaling ?17.14 billion ($197.87 million). The company’s EBITDA for 9M FY25 was ?14.83 billion ($171.21 million), marking an 11% growth, while net profit fell 8% to ?2.41 billion ($27.82 million). EPS for 9M FY25 stood at ?0.37 ($0.0043), compared to ?0.55 (~$0.0063) in the same period of FY24.

In terms of renewable energy expansion, NTPC Green added 550 MW of commercial capacity during the first nine months of FY25, bringing its total commercial renewable energy capacity to 3,475 MW by December 31, 2024, up from 2,761 MW a year earlier. The company also added 135 MW of capacity in Q4 FY25 to date. Looking ahead, NTPC Green’s management anticipates adding 3.08 GW of capacity in FY25, with targets of 5 GW for FY26 and 8 GW for FY27.

Power generation in 9M FY25 saw a 13% YoY increase, with NTPC Green producing 4,742 million units compared to 4,199 million units in the same period last year. However, the company’s capacity utilization factor declined slightly to 22.99% from 23.37% in FY24 due to factors like lower global horizontal irradiance and an extended monsoon season.

NTPC Green also made strides in securing new projects, winning 2,200 MW through tariff-based competitive bidding in FY25. Its total contracted and awarded capacity grew by 63% YoY, from 8,550 MW as of December 31, 2023, to 13,921 MW by December 31, 2024.

The company made its debut on stock exchanges on November 27, 2024, following an oversubscribed initial public offering (IPO) that raised ?100 billion (~$1.19 billion).

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

NTPC Green Energy has posted impressive growth in the third quarter (Q3) of FY25, with total income reaching ?5.81 billion ($67.06 million), reflecting a 25% year-over-year (YoY) increase. The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for Q3 rose by 22% YoY, amounting to ?5 billion ($57.71 million). Net profit grew 18% YoY to ?656.1 million (~$7.57 million), signaling continued strength in its financial performance. However, the Earnings Per Share (EPS) showed a slight decline, falling from ?0.12 ($0.0014) in Q3 FY24 to ?0.08 ($0.00092) in the current quarter. For the first nine months (9M) of FY25, NTPC Green's total income increased by 15%, totaling ?17.14 billion ($197.87 million). The company’s EBITDA for 9M FY25 was ?14.83 billion ($171.21 million), marking an 11% growth, while net profit fell 8% to ?2.41 billion ($27.82 million). EPS for 9M FY25 stood at ?0.37 ($0.0043), compared to ?0.55 (~$0.0063) in the same period of FY24. In terms of renewable energy expansion, NTPC Green added 550 MW of commercial capacity during the first nine months of FY25, bringing its total commercial renewable energy capacity to 3,475 MW by December 31, 2024, up from 2,761 MW a year earlier. The company also added 135 MW of capacity in Q4 FY25 to date. Looking ahead, NTPC Green’s management anticipates adding 3.08 GW of capacity in FY25, with targets of 5 GW for FY26 and 8 GW for FY27. Power generation in 9M FY25 saw a 13% YoY increase, with NTPC Green producing 4,742 million units compared to 4,199 million units in the same period last year. However, the company’s capacity utilization factor declined slightly to 22.99% from 23.37% in FY24 due to factors like lower global horizontal irradiance and an extended monsoon season. NTPC Green also made strides in securing new projects, winning 2,200 MW through tariff-based competitive bidding in FY25. Its total contracted and awarded capacity grew by 63% YoY, from 8,550 MW as of December 31, 2023, to 13,921 MW by December 31, 2024. The company made its debut on stock exchanges on November 27, 2024, following an oversubscribed initial public offering (IPO) that raised ?100 billion (~$1.19 billion).

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Infrastructure Transport

05 Sep 2025

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Infrastructure Transport

05 Sep 2025

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..