Net profit of NTPC Green Energy rose 17.98% to Rs 65.61 crore in the quarter ended December 2024 as against Rs 55.61 crore during the previous quarter ended December 2023. Sales rose 13.21% to Rs 505.08 crore in the quarter ended December 2024 as against Rs 446.14 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales505.08446.14 13 OPM %83.8588.55 - PBDT293.80238.84 23 PBT99.2480.18 24 NP65.6155.61 18 Powered by Capital Market - Live News

NTPC Renewable Energy (NTPC REL), a wholly owned subsidiary of NTPC Green Energy (NGEL), has emerged as a successful bidder in the e-reverse auction conducted by NHPC. The tender aimed at the �Selection of Solar Power Developers for Setting up of 1200 MW (1.2 GW) ISTS (Inter State Transmission System) Connected Solar Power Projects with 600MW/1200MWh Energy Storage Systems (ESS) on an anywhere-in-India basis under Tariff Based Competitive Bidding with Green Shoe Option.�NTPC REL secured a capacity of 300MW at a tariff of ₹3.09/kWh. In line with the Request for Selection (RFS) conditions, the project will include the establishment of an Energy Storage System (ESS) with a capacity of 150MW/300MWh, ensuring enhanced reliability and efficiency of the solar power generation. The auction was concluded on 23 January 2025, and NTPC REL is now awaiting the issuance of the Letter of Award (LOA) from NHPC.Powered by Capital Market - Live News

NTPC Green Energy will hold a meeting of the Board of Directors of the Company on 25 January 2025.Powered by Capital Market - Live News

NTPC Renewable Energy (NTPC REL), a wholly owned subsidiary of NTPC Green Energy (NGEL), has emerged as a successful bidder in the e-reverse auction conducted by Uttar Pradesh Power Corporation (UPPCL). The tender, aimed at the Selection of Solar Power Developers for Setting up 2000 MW ISTS-connected Solar PV Power Projects in India under Tariff-Based Competitive Bidding, conducted on 3 January 2025. NTPC REL secured a capacity of 1000 MW at an impressive tariff of Rs. 2.56/kWh. The Letter of Award (LOA) from UPPCL is awaited.Powered by Capital Market - Live News

NTPC Green Energy (NGEL), a subsidiary of NTPC, has signed a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during �Bihar Business Connect 2024� Global Investors` Summit held on 20 December 2024, in Patna.The MoU outlines a framework for significant investments in Bihar to establish renewable energy projects, including: Ground-mounted and floating solar installations, Battery energy storage systems, and Green hydrogen mobility initiatives etc. The Government of Bihar will facilitate the necessary permissions, registrations, approvals, and clearances from concerned departments, agencies, and authorities to support the projects.Powered by Capital Market - Live News