NTPC Green Energy Signs Green Ammonia Pact, Reaches 10 GW

06 Apr 2026 CW Team

NTPC Renewable Energy has also reported the start of commercial operations for the final 78.02 MW of the 1,255 MW Khavda-I Solar PV Project and for 90 MW of the 1,200 MW Khavda-II Solar PV Project from midnight on March 31, 2026. With these additions NGEL’s total operational capacity rose from 9,907.68 MW to 10,075.70 MW, thereby crossing the 10 GW threshold. The company characterised the milestone as evidence of steady capacity build-out and operational scaling across its solar portfolio.

Separately NGEL signed a memorandum of understanding with Nxtra Data on March 24 to explore renewable energy opportunities for captive consumption at data centres on a pan-India basis. The filing noted that the MoU was executed by Sarit Maheshwari as chief executive officer of NGEL and by Ashish Arora as chief executive officer of Nxtra and that it aims to develop round-the-clock renewable supply arrangements. The exchange filing placed the collaboration in the context of broader corporate efforts to secure long-term renewable offtake and to support enterprise customers.

NTPC Green Energy was incorporated on April seven, 2022 as a wholly owned subsidiary of NTPC and acts as the umbrella company for its renewable initiatives. The share price of NTPC Green Energy has declined two point eight nine per cent so far this year and six point nine four per cent in the past one year. The company continues to expand its project pipeline while aligning operations with national decarbonisation objectives.

NTPC Green Energy (NGEL) and its wholly owned renewable arm NTPC Renewable Energy (NTPC REL) have signed a Green Ammonia Purchase Agreement with the Solar Energy Corporation of India (SECI) under the SIGHT scheme of the National Green Hydrogen Mission. Under the accord NGEL will supply 70,000 MTPA of green ammonia for Krishna Phoschem at Meghnagar in Madhya Pradesh. The agreement was described in a regulatory filing as a significant step in expanding NGEL's green hydrogen and green ammonia portfolio and in supporting India’s decarbonisation goals. NTPC Renewable Energy has also reported the start of commercial operations for the final 78.02 MW of the 1,255 MW Khavda-I Solar PV Project and for 90 MW of the 1,200 MW Khavda-II Solar PV Project from midnight on March 31, 2026. With these additions NGEL’s total operational capacity rose from 9,907.68 MW to 10,075.70 MW, thereby crossing the 10 GW threshold. The company characterised the milestone as evidence of steady capacity build-out and operational scaling across its solar portfolio. Separately NGEL signed a memorandum of understanding with Nxtra Data on March 24 to explore renewable energy opportunities for captive consumption at data centres on a pan-India basis. The filing noted that the MoU was executed by Sarit Maheshwari as chief executive officer of NGEL and by Ashish Arora as chief executive officer of Nxtra and that it aims to develop round-the-clock renewable supply arrangements. The exchange filing placed the collaboration in the context of broader corporate efforts to secure long-term renewable offtake and to support enterprise customers. NTPC Green Energy was incorporated on April seven, 2022 as a wholly owned subsidiary of NTPC and acts as the umbrella company for its renewable initiatives. The share price of NTPC Green Energy has declined two point eight nine per cent so far this year and six point nine four per cent in the past one year. The company continues to expand its project pipeline while aligning operations with national decarbonisation objectives.

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