NTPC Green Energy
New to Zerodha? Sign-up for free.
New to Zerodha? Sign-up for free.
Get instant stock alerts
- Share Price
- Financials
- Revenue mix
- Shareholdings
- Peers
- Forensics
Share Price
Coming soon
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
Financials
-
Summary
-
Profit & Loss
-
Balance sheet
-
Cashflow
This data is currently unavailable for this company.
| (In Cr.) |
|---|
| (In Cr.) | ||||
|---|---|---|---|---|
|
This data is currently unavailable for this company. |
| (In %) |
|---|
| (In Cr.) |
|---|
| Financial Year (In Cr.) |
|---|
Revenue mix
-
Product wise
-
Location wise
Revenue Mix
This data is currently unavailable for this company.
Revenue Mix
This data is currently unavailable for this company.
Forensics
Recent events
-
News
-
Corporate Actions
NTPC Renewable Energy, a wholly owned subsidiary of NTPC Green Energy, won 500 MW of contracted capacity in SECI's tender for 6,000 MWh of assured peak power from ISTS-connected renewable projects in India. The capacity was awarded at a discovered tariff of ₹6.00 per kWh after the e-reverse auction concluded on 21 August 2026. SECI's tender covered 1,500 MW of assured peak supply, equivalent to four-hour peak periods. NTPC Green Energy had 5.9 GW of consolidated operational capacity in FY25 and reported standalone revenue of ₹1,966.67 crore in FY26.
Powered by Tijori
NTPC Renewable Energy, a wholly owned subsidiary of NTPC Green Energy, won 500 MW of contracted capacity in SECI's tender for 6,000 MWh of assured peak power from ISTS-connected renewable projects in India. The capacity was awarded at a discovered tariff of ₹6.00 per kWh after the e-reverse auction concluded on 21 August 2026. SECI's tender covered 1,500 MW of assured peak supply, equivalent to four-hour peak periods. NTPC Green Energy had 5.9 GW of consolidated operational capacity in FY25 and reported standalone revenue of ₹1,966.67 crore in FY26.
Powered by Tijori
July 29 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY - JV UNIT'S THIRD PART CAPACITY OF 50 MW SOLAR CAPACITY IN RAJASTHAN DECLARED ON COMMERCIAL OPERATION
Further company coverage: NTPG.NS
(([email protected];))
July 29 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY - JV UNIT'S THIRD PART CAPACITY OF 50 MW SOLAR CAPACITY IN RAJASTHAN DECLARED ON COMMERCIAL OPERATION
Further company coverage: NTPG.NS
(([email protected];))
July 23 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY - DECLARES COMMERCIAL OPERATION OF 64.76 MW AT KHAVDA SOLAR PV PROJECT EFFECTIVE JULY 24, 2026
Source text: ID:nNSE8rd5v1
Further company coverage: NTPG.NS
(([email protected];;))
July 23 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY - DECLARES COMMERCIAL OPERATION OF 64.76 MW AT KHAVDA SOLAR PV PROJECT EFFECTIVE JULY 24, 2026
Source text: ID:nNSE8rd5v1
Further company coverage: NTPG.NS
(([email protected];;))
July 22 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD JUNE-QUARTER CONSOL NET PROFIT 3.05 BILLION RUPEES
NTPC GREEN ENERGY LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 11.07 BILLION RUPEES
NTPC GREEN ENERGY - IN-PRINCIPLE APPROVAL FOR INVESTMENT OF UP TO 2.9 MILLION RUPEES IN AP NGEL HARIT AMRIT
Source text: [ID:]
Further company coverage: NTPG.NS
(([email protected];;))
July 22 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD JUNE-QUARTER CONSOL NET PROFIT 3.05 BILLION RUPEES
NTPC GREEN ENERGY LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 11.07 BILLION RUPEES
NTPC GREEN ENERGY - IN-PRINCIPLE APPROVAL FOR INVESTMENT OF UP TO 2.9 MILLION RUPEES IN AP NGEL HARIT AMRIT
Source text: [ID:]
Further company coverage: NTPG.NS
(([email protected];;))
July 15 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY - UNIT OF JV WINS 50 MW WIND PROJECT IN SOLAR ENERGY CORPORATION OF INDIA LIMITED WIND TENDER
Source text: ID:nBSE7CrpMw
Further company coverage: NTPG.NS
(([email protected];))
July 15 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY - UNIT OF JV WINS 50 MW WIND PROJECT IN SOLAR ENERGY CORPORATION OF INDIA LIMITED WIND TENDER
Source text: ID:nBSE7CrpMw
Further company coverage: NTPG.NS
(([email protected];))
July 7 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY - TO ISSUE UNSECURED NCDS WORTH 25 BILLION RUPEES
Further company coverage: NTPG.NS
(([email protected];))
July 7 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY - TO ISSUE UNSECURED NCDS WORTH 25 BILLION RUPEES
Further company coverage: NTPG.NS
(([email protected];))
NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited, signed a power purchase agreement with PTC India Limited for the sale of 1,200 MW of solar power under a bilateral arrangement. The PPA was exchanged in New Delhi in the presence of Dr. Manoj Kumar Jhawar, MD & CEO of PTC, and Dr. J. S. Chandok, CEO of ONGPL, along with other senior officials from both sides.
Powered by Tijori
NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited, signed a power purchase agreement with PTC India Limited for the sale of 1,200 MW of solar power under a bilateral arrangement. The PPA was exchanged in New Delhi in the presence of Dr. Manoj Kumar Jhawar, MD & CEO of PTC, and Dr. J. S. Chandok, CEO of ONGPL, along with other senior officials from both sides.
Powered by Tijori
July 3 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD- NTPC RENEWABLE ENERGY LIMITED SIGNS 1,200 MW SOLAR POWER PURCHASE AGREEMENT WITH PTC INDIA
Source text: ID:nBSE7zSTyT
Further company coverage: NTPG.NS
(([email protected];))
July 3 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD- NTPC RENEWABLE ENERGY LIMITED SIGNS 1,200 MW SOLAR POWER PURCHASE AGREEMENT WITH PTC INDIA
Source text: ID:nBSE7zSTyT
Further company coverage: NTPG.NS
(([email protected];))
May 22 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY MARCH-QUARTER CONSOL NET PROFIT 1.97 BILLION RUPEES
NTPC GREEN ENERGY MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 9.13 BILLION RUPEES
NTPC GREEN ENERGY - TO RAISE FUNDS UP TO 50 BILLION RUPEES DURING FY 2026-27
Further company coverage: NTPG.NS
(([email protected];))
May 22 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY MARCH-QUARTER CONSOL NET PROFIT 1.97 BILLION RUPEES
NTPC GREEN ENERGY MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 9.13 BILLION RUPEES
NTPC GREEN ENERGY - TO RAISE FUNDS UP TO 50 BILLION RUPEES DURING FY 2026-27
Further company coverage: NTPG.NS
(([email protected];))
May 14 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - DECLARES 12.5 MW (CUMULATIVE 100 MW) OF RAJASTHAN SOLAR PROJECT OPERATIONAL FROM MAY 15, 2026
NTPC GREEN ENERGY LTD - DECLARES 50 MW (CUMULATIVE 200 MW) OF RAJASTHAN SOLAR PROJECT OPERATIONAL FROM MAY 15, 2026
Source text: ID:nBSE3W5L13
Further company coverage: NTPG.NS
(([email protected];))
May 14 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - DECLARES 12.5 MW (CUMULATIVE 100 MW) OF RAJASTHAN SOLAR PROJECT OPERATIONAL FROM MAY 15, 2026
NTPC GREEN ENERGY LTD - DECLARES 50 MW (CUMULATIVE 200 MW) OF RAJASTHAN SOLAR PROJECT OPERATIONAL FROM MAY 15, 2026
Source text: ID:nBSE3W5L13
Further company coverage: NTPG.NS
(([email protected];))
Refiles to add reporting credits
** Shares of India's NTPC Green Energy NTPG.NS jump 5.88% to 97.75 rupees
** Co signed MoU with PTC India PTCI.NS for exploring possibilities of power sale of renewable energy
** Co also declared 37.5 MW solar capacity and 13.2 MW wind capacity at Gujarat project on commercial operation on Tuesday
** Co said unit NTPC Renewable Energy executed a purchase agreement with Solar Energy Corporation of India SOLN.NS for supply of green ammonia
** Stock rated "buy" on average by 5 analysts, median PT at 115 rupees -- data compiled by LSEG
** YTD, stock down 2.36%
(Reporting by Surbhi Misra in Bengaluru)
Refiles to add reporting credits
** Shares of India's NTPC Green Energy NTPG.NS jump 5.88% to 97.75 rupees
** Co signed MoU with PTC India PTCI.NS for exploring possibilities of power sale of renewable energy
** Co also declared 37.5 MW solar capacity and 13.2 MW wind capacity at Gujarat project on commercial operation on Tuesday
** Co said unit NTPC Renewable Energy executed a purchase agreement with Solar Energy Corporation of India SOLN.NS for supply of green ammonia
** Stock rated "buy" on average by 5 analysts, median PT at 115 rupees -- data compiled by LSEG
** YTD, stock down 2.36%
(Reporting by Surbhi Misra in Bengaluru)
March 31 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - DECLARES 37.5 MW SOLAR CAPACITY AT GUJARAT PROJECT ON COMMERCIAL OPERATION FROM 02.04.2026
NTPC GREEN ENERGY LTD - DECLARES 13.2 MW WIND CAPACITY AT GUJARAT HYBRID PROJECT ON COMMERCIAL OPERATION FROM 02.04.2026
Source text: ID:nBSE8kJPC4
Further company coverage: NTPG.NS
(([email protected];))
March 31 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - DECLARES 37.5 MW SOLAR CAPACITY AT GUJARAT PROJECT ON COMMERCIAL OPERATION FROM 02.04.2026
NTPC GREEN ENERGY LTD - DECLARES 13.2 MW WIND CAPACITY AT GUJARAT HYBRID PROJECT ON COMMERCIAL OPERATION FROM 02.04.2026
Source text: ID:nBSE8kJPC4
Further company coverage: NTPG.NS
(([email protected];))
** NTPC Green Energy NTPG.NS up 2.5% to 100.37 rupees; set to rise for second straight week
** Co says unit NTPC Green Energy's fourth part capacity of 165MW out of 1200MW Khavda-II Solar PV Project in western state of Gujarat commercially operational
** Unit's total installed capacity to increase to 9,727.68MW
** Stock rated "buy" on avg; median PT is 115 rupees, per data compiled by LSEG
** YTD, NTPG up ~3.5%
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
** NTPC Green Energy NTPG.NS up 2.5% to 100.37 rupees; set to rise for second straight week
** Co says unit NTPC Green Energy's fourth part capacity of 165MW out of 1200MW Khavda-II Solar PV Project in western state of Gujarat commercially operational
** Unit's total installed capacity to increase to 9,727.68MW
** Stock rated "buy" on avg; median PT is 115 rupees, per data compiled by LSEG
** YTD, NTPG up ~3.5%
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
** NTPC Green Energy NTPG.NS rises 1.34% to 97.33 rupees
** HDFC Securities starts with "buy", PT of 121 rupees, citing strong growth visibility, execution track record
** Sees renewable capacity ramp-up from ~8GW to 60GW by FY32, driven by co's strong execution capabilities
** Expects revenue, EBITDA to grow at ~82% CAGR over FY26–FY29 on capacity additions
** Adds parent NTPC's NTPC.NS backing is key support for execution, financing; flags demand drivers such as data centres, storage, green hydrogen
** YTD, NTPG up 1.66% vs NTPC's 16.33% rise
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
** NTPC Green Energy NTPG.NS rises 1.34% to 97.33 rupees
** HDFC Securities starts with "buy", PT of 121 rupees, citing strong growth visibility, execution track record
** Sees renewable capacity ramp-up from ~8GW to 60GW by FY32, driven by co's strong execution capabilities
** Expects revenue, EBITDA to grow at ~82% CAGR over FY26–FY29 on capacity additions
** Adds parent NTPC's NTPC.NS backing is key support for execution, financing; flags demand drivers such as data centres, storage, green hydrogen
** YTD, NTPG up 1.66% vs NTPC's 16.33% rise
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
March 10 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
DECLARES COMMERCIAL OPERATION OF THIRD PART OF KHAVDA-II SOLAR PV PROJECT
Source text: ID:nNSE8593Xj
Further company coverage: NTPG.NS
(([email protected];))
March 10 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
DECLARES COMMERCIAL OPERATION OF THIRD PART OF KHAVDA-II SOLAR PV PROJECT
Source text: ID:nNSE8593Xj
Further company coverage: NTPG.NS
(([email protected];))
March 9 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
DECLARES COMMERCIAL OPERATION OF 91.6 MW SOLAR PV PROJECT IN ANDHRA PRADESH
Source text: ID:nBSEbryqgV
Further company coverage: NTPG.NS
(([email protected];;))
March 9 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
DECLARES COMMERCIAL OPERATION OF 91.6 MW SOLAR PV PROJECT IN ANDHRA PRADESH
Source text: ID:nBSEbryqgV
Further company coverage: NTPG.NS
(([email protected];;))
Feb 20 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
165 MW SECOND PART CAPACITY AT KHAVDA-II SOLAR PV PROJECT DECLARED OPERATIONAL
Source text: ID:nBSE81M2tZ
Further company coverage: NTPG.NS
(([email protected];;))
Feb 20 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
165 MW SECOND PART CAPACITY AT KHAVDA-II SOLAR PV PROJECT DECLARED OPERATIONAL
Source text: ID:nBSE81M2tZ
Further company coverage: NTPG.NS
(([email protected];;))
Feb 9 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY - 14.43 MW KHAVDA-I SOLAR PROJECT DECLARED OPERATIONAL
Source text: ID:nBSEbNgG7h
Further company coverage: NTPG.NS
(([email protected];))
Feb 9 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY - 14.43 MW KHAVDA-I SOLAR PROJECT DECLARED OPERATIONAL
Source text: ID:nBSEbNgG7h
Further company coverage: NTPG.NS
(([email protected];))
Feb 3 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - SECOND PART OF 125 MW BHADLA SOLAR PV PROJECT DECLARED ON COMMERCIAL OPERATION
Source text: ID:nBSE3MwTvl
Further company coverage: NTPG.NS
(([email protected];))
Feb 3 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - SECOND PART OF 125 MW BHADLA SOLAR PV PROJECT DECLARED ON COMMERCIAL OPERATION
Source text: ID:nBSE3MwTvl
Further company coverage: NTPG.NS
(([email protected];))
Jan 29 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
DEC-QUARTER CONSOL NET PROFIT 174.8 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 6.53 BILLION RUPEES
Further company coverage: NTPG.NS
(([email protected];))
Jan 29 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
DEC-QUARTER CONSOL NET PROFIT 174.8 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 6.53 BILLION RUPEES
Further company coverage: NTPG.NS
(([email protected];))
Jan 22 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
SIGNS MOU WITH UTTAR PRADESH GOVERNMENT FOR RE AND GREEN HYDROGEN PROJECTS
Source text: ID:nBSEbVk7m3
Further company coverage: NTPG.NS
(([email protected];))
Jan 22 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
SIGNS MOU WITH UTTAR PRADESH GOVERNMENT FOR RE AND GREEN HYDROGEN PROJECTS
Source text: ID:nBSEbVk7m3
Further company coverage: NTPG.NS
(([email protected];))
Oct 31 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - SIGNS MOU WITH CTRLS DATACENTER LIMITED FOR DEVELOPMENT OF RE PROJECTS
NTPC GREEN ENERGY LTD - SIGNS MOU WITH CTRLS DATACENTER
NTPC GREEN ENERGY LTD - MOU TARGETS 2 GW RENEWABLE ENERGY PROJECTS
Source text: ID:nBSE9HJKwF
Further company coverage: NTPG.NS
(([email protected];;))
Oct 31 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - SIGNS MOU WITH CTRLS DATACENTER LIMITED FOR DEVELOPMENT OF RE PROJECTS
NTPC GREEN ENERGY LTD - SIGNS MOU WITH CTRLS DATACENTER
NTPC GREEN ENERGY LTD - MOU TARGETS 2 GW RENEWABLE ENERGY PROJECTS
Source text: ID:nBSE9HJKwF
Further company coverage: NTPG.NS
(([email protected];;))
Oct 23 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - 9.9 MW WIND CAPACITY IN BHUJ, GUJARAT DECLARED OPERATIONAL
Source text: ID:nBSEbhXQDz
Further company coverage: NTPG.NS
(([email protected];))
Oct 23 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - 9.9 MW WIND CAPACITY IN BHUJ, GUJARAT DECLARED OPERATIONAL
Source text: ID:nBSEbhXQDz
Further company coverage: NTPG.NS
(([email protected];))
Oct 15 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - 12.5 MW SOLAR CAPACITY IN BHUJ, GUJARAT DECLARED OPERATIONAL
Source text: ID:nBSE95WnhV
Further company coverage: NTPG.NS
Oct 15 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - 12.5 MW SOLAR CAPACITY IN BHUJ, GUJARAT DECLARED OPERATIONAL
Source text: ID:nBSE95WnhV
Further company coverage: NTPG.NS
BENGALURU, Oct 14 (Reuters) - LG Electronics India LGEL.NS made a stellar stock market debut on Tuesday, listing at a premium of 50% to its issue price of 1,140 rupees per share.
This is the best listing for a billion-dollar Indian initial public offering since Eternal ETEA.NS, the parent company of food delivery and restaurant-listing platform Zomato, debuted in 2021.
Here's a look at how India's other billion-dollar IPOs have done this decade:
SBI CARDS AND PAYMENT SERVICES (MARCH 2020)
The credit card arm SBIC.NS of India's largest lender, State Bank of India SBI.NS, slid about 13% in market debut, as the COVID-19 pandemic worries dampened enthusiasm for one of the country's largest public listings.
ETERNAL, FORMERLY KNOWN AS ZOMATO (JULY 2021)
The food and grocery delivery platform listed at a premium of 51.3% to its issue price, giving the startup a valuation of about $13 billion and setting the stage for other domestic startups waiting in the wings with listing plans of their own.
ONE97 COMMUNICATIONS (NOVEMBER 2021)
The parent of digital payments start-up, Paytm PAYT.NS, made one of the worst major Indian stock market debuts as its shares listed at a 9% discount and closed the first day 27% below its offer price due to concerns over profitability and lofty enterprise value.
LIFE INSURANCE CORPORATION OF INDIA (MAY 2022)
Shares of India's biggest insurer LIFI.NS slid nearly 9% in market debut amid broader market volatility and concerns over its market share loss to rivals.
HYUNDAI MOTOR INDIA (OCTOBER 2024)
The automaker's shares HYUN.NS fell 1.5% on listing after retail investors gave a lukewarm reception to the country's biggest-ever IPO amid concerns about a lofty valuation and an auto industry slowdown.
SWIGGY (NOVEMBER 2024)
The SoftBank-backed food and grocery delivery platform SWIG.NS listed at a 5.6% premium and extended gains through the day, signaling growing investor confidence in the segment.
NTPC GREEN ENERGY (NOVEMBER 2024)
The renewable energy firm's shares NTPG.NS jumped as much as 14% on their debut, as investors bet on the country's growing clean energy needs and the company's diversified portfolio.
HDB FINANCIAL SERVICES (JULY 2025)
Non-banking financial lending arm HDBF.NS of the country's largest private lender HDFC Bank HDBK.NS jumped about 13% on listing, notching a valuation of $8.2 billion, as investors bet on long-term growth prospects in the world's most populous country.
TATA CAPITAL (OCTOBER 2025)
India's third-largest non-bank lender TATC.NS made a muted debut, listing slightly higher than its issue price at a $15.78 billion valuation, with investors seemingly not that keen on the Tata Group's first IPO in two years due to a crowded IPO market and lack of valuation discount to listed peers.
Performance of India's billion dollar IPOs https://reut.rs/47tRYYb
Listing performance of India's billion-dollar IPOs since 2020 https://reut.rs/4n3A9Vy
(Reporting by Vivek Kumar M; Editing by Rashmi Aich)
BENGALURU, Oct 14 (Reuters) - LG Electronics India LGEL.NS made a stellar stock market debut on Tuesday, listing at a premium of 50% to its issue price of 1,140 rupees per share.
This is the best listing for a billion-dollar Indian initial public offering since Eternal ETEA.NS, the parent company of food delivery and restaurant-listing platform Zomato, debuted in 2021.
Here's a look at how India's other billion-dollar IPOs have done this decade:
SBI CARDS AND PAYMENT SERVICES (MARCH 2020)
The credit card arm SBIC.NS of India's largest lender, State Bank of India SBI.NS, slid about 13% in market debut, as the COVID-19 pandemic worries dampened enthusiasm for one of the country's largest public listings.
ETERNAL, FORMERLY KNOWN AS ZOMATO (JULY 2021)
The food and grocery delivery platform listed at a premium of 51.3% to its issue price, giving the startup a valuation of about $13 billion and setting the stage for other domestic startups waiting in the wings with listing plans of their own.
ONE97 COMMUNICATIONS (NOVEMBER 2021)
The parent of digital payments start-up, Paytm PAYT.NS, made one of the worst major Indian stock market debuts as its shares listed at a 9% discount and closed the first day 27% below its offer price due to concerns over profitability and lofty enterprise value.
LIFE INSURANCE CORPORATION OF INDIA (MAY 2022)
Shares of India's biggest insurer LIFI.NS slid nearly 9% in market debut amid broader market volatility and concerns over its market share loss to rivals.
HYUNDAI MOTOR INDIA (OCTOBER 2024)
The automaker's shares HYUN.NS fell 1.5% on listing after retail investors gave a lukewarm reception to the country's biggest-ever IPO amid concerns about a lofty valuation and an auto industry slowdown.
SWIGGY (NOVEMBER 2024)
The SoftBank-backed food and grocery delivery platform SWIG.NS listed at a 5.6% premium and extended gains through the day, signaling growing investor confidence in the segment.
NTPC GREEN ENERGY (NOVEMBER 2024)
The renewable energy firm's shares NTPG.NS jumped as much as 14% on their debut, as investors bet on the country's growing clean energy needs and the company's diversified portfolio.
HDB FINANCIAL SERVICES (JULY 2025)
Non-banking financial lending arm HDBF.NS of the country's largest private lender HDFC Bank HDBK.NS jumped about 13% on listing, notching a valuation of $8.2 billion, as investors bet on long-term growth prospects in the world's most populous country.
TATA CAPITAL (OCTOBER 2025)
India's third-largest non-bank lender TATC.NS made a muted debut, listing slightly higher than its issue price at a $15.78 billion valuation, with investors seemingly not that keen on the Tata Group's first IPO in two years due to a crowded IPO market and lack of valuation discount to listed peers.
Performance of India's billion dollar IPOs https://reut.rs/47tRYYb
Listing performance of India's billion-dollar IPOs since 2020 https://reut.rs/4n3A9Vy
(Reporting by Vivek Kumar M; Editing by Rashmi Aich)
Oct 10 (Reuters) - NTPC Green Energy NTPG.NS:
INKS MOU WITH ENEOS CORPORATION
Source text: ID:nBSE9jYJMp
Further company coverage: NTPG.NS
(([email protected];))
Oct 10 (Reuters) - NTPC Green Energy NTPG.NS:
INKS MOU WITH ENEOS CORPORATION
Source text: ID:nBSE9jYJMp
Further company coverage: NTPG.NS
(([email protected];))
NEW DELHI, Oct 1 (Reuters) - India's northeastern state of Assam has withdrawn its flagship clean energy policy announced in February, according to a document reviewed by Reuters and sources with direct knowledge of the matter, clouding millions of dollars of planned investments.
Earlier this year, Assam, the largest state in India's northeast, sought to attract investments to a region that has lagged in renewable energy adoption by offering financial incentives and waivers.
The February policy offered subsidies on power transmission and eased bank guarantee requirements to support clean energy projects in the state.
An internal memo dated July 18, reviewed by Reuters, said the integrated clean energy policy was withdrawn following a cabinet decision, without specifying the reason for its reversal.
Assam's power department did not respond to a Reuters email seeking comment on the policy withdrawal.
The Assam government has not issued an official withdrawal of the clean energy policy, industry sources said.
Energy companies including NTPC Green NTPG.NS, Larsen & Toubro LART.NS, Singapore-listed Sembcorp SCIL.SI, and Abu Dhabi-based Ocior have bid for green hydrogen projects in Assam, the sources and bid documents reviewed by Reuters said.
Inconsistent policies from state governments pose challenges to planned investments, said a senior NTPC official, who did not want to be identified due to the sensitive nature of the matter.
In June, Reuters reported that Assam had put its flagship green hydrogen policy on hold, surprising investors.
(Reporting by Sethuraman N R; Editing by Mayank Bhardwaj and Ronojoy Mazumdar)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
NEW DELHI, Oct 1 (Reuters) - India's northeastern state of Assam has withdrawn its flagship clean energy policy announced in February, according to a document reviewed by Reuters and sources with direct knowledge of the matter, clouding millions of dollars of planned investments.
Earlier this year, Assam, the largest state in India's northeast, sought to attract investments to a region that has lagged in renewable energy adoption by offering financial incentives and waivers.
The February policy offered subsidies on power transmission and eased bank guarantee requirements to support clean energy projects in the state.
An internal memo dated July 18, reviewed by Reuters, said the integrated clean energy policy was withdrawn following a cabinet decision, without specifying the reason for its reversal.
Assam's power department did not respond to a Reuters email seeking comment on the policy withdrawal.
The Assam government has not issued an official withdrawal of the clean energy policy, industry sources said.
Energy companies including NTPC Green NTPG.NS, Larsen & Toubro LART.NS, Singapore-listed Sembcorp SCIL.SI, and Abu Dhabi-based Ocior have bid for green hydrogen projects in Assam, the sources and bid documents reviewed by Reuters said.
Inconsistent policies from state governments pose challenges to planned investments, said a senior NTPC official, who did not want to be identified due to the sensitive nature of the matter.
In June, Reuters reported that Assam had put its flagship green hydrogen policy on hold, surprising investors.
(Reporting by Sethuraman N R; Editing by Mayank Bhardwaj and Ronojoy Mazumdar)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
Projects stranded equal over 25% of current green capacity
Transmission, legal, and regulatory delays cause bottlenecks
Government says stranded capacity at 44 GW
Updates Aug 1 story with details on power ministry data on stranded capacity, in paragraphs 9-10
By Sudarshan Varadhan
SINGAPORE, Aug 1 (Reuters) - India's stranded renewable power capacity - projects awarded but unable to come online - more than doubled over nine months, due to unfinished transmission lines, and legal and regulatory delays, letters from an industry group to the government showed.
The South Asian nation aims to more than double its non-fossil fuel power capacity to 500 gigawatts by 2030, but the acceleration has left projects without firm agreements to supply power.
Renewable projects that won tenders to generate power but are yet to sign power purchase agreements with buyers have surged to over 50 gigawatts, India's Sustainable Projects Developers Association said in a letter to the Ministry of New and Renewable Energy on June 27.
That compared with stranded projects of over 20 GW, another letter sent by the SPDA on October 4 showed. Both letters were reviewed by Reuters.
Tendered projects cumulatively worth billions of dollars awarded to companies including JSW, NTPC NTPC.NS, NTPG.NS, Adani Green ADNA.NS, ACME Solar ACMO.NS, Renew RNW.O and Sembcorp SEMB.NS are stranded, two industry officials familiar with the matter said.
"Energy transition is not just about building solar and wind capacity, it is also about ensuring that clean power reaches in a most optimum cost and timely manner," the SPDA said in its June 27 letter to the renewable energy ministry.
The stranded solar and wind capacity without buyers of over 50 GW reported by the SPDA is about a quarter the size of India's current installed renewable capacity of 184.6 GW.
The companies did not respond to Reuters requests seeking comment.
A spokesperson for India's power ministry told Reuters on Saturday renewable projects of about 44 GW had been awarded generation licences by federal agencies - which account for most tenders - but did not have supply agreements.
He did not elaborate on the scale of the increase in stranded projects, the duration of delay or companies affected.
Delays in critical transmission infrastructure - especially in sun-drenched states such as Rajasthan and Gujarat - have forced many solar plants to miss commissioning deadlines, the SPDA said in the June letter.
Interstate transmission lines connecting renewable energy projects to the grid are being fast-tracked, and compensation for landowners allowing power cables on their property has been increased to facilitate construction, the ministry spokesperson said.
India plans to connect 230 GW of renewable energy projects to the grid through interstate transmission lines, of which 20% have been completed, 70% are under construction and the remainder is being bid out, he said, without specifying a timeline for completion.
Renewable projects are also stuck due to prolonged legal disputes over land and environmental permissions, SPDA said, adding that several developers have paused operations over unresolved court cases.
(Reporting by Sudarshan Varadhan; Editing by Frances Kerry, Louise Heavens and Alison Williams)
(([email protected]; +65 91164984;))
Projects stranded equal over 25% of current green capacity
Transmission, legal, and regulatory delays cause bottlenecks
Government says stranded capacity at 44 GW
Updates Aug 1 story with details on power ministry data on stranded capacity, in paragraphs 9-10
By Sudarshan Varadhan
SINGAPORE, Aug 1 (Reuters) - India's stranded renewable power capacity - projects awarded but unable to come online - more than doubled over nine months, due to unfinished transmission lines, and legal and regulatory delays, letters from an industry group to the government showed.
The South Asian nation aims to more than double its non-fossil fuel power capacity to 500 gigawatts by 2030, but the acceleration has left projects without firm agreements to supply power.
Renewable projects that won tenders to generate power but are yet to sign power purchase agreements with buyers have surged to over 50 gigawatts, India's Sustainable Projects Developers Association said in a letter to the Ministry of New and Renewable Energy on June 27.
That compared with stranded projects of over 20 GW, another letter sent by the SPDA on October 4 showed. Both letters were reviewed by Reuters.
Tendered projects cumulatively worth billions of dollars awarded to companies including JSW, NTPC NTPC.NS, NTPG.NS, Adani Green ADNA.NS, ACME Solar ACMO.NS, Renew RNW.O and Sembcorp SEMB.NS are stranded, two industry officials familiar with the matter said.
"Energy transition is not just about building solar and wind capacity, it is also about ensuring that clean power reaches in a most optimum cost and timely manner," the SPDA said in its June 27 letter to the renewable energy ministry.
The stranded solar and wind capacity without buyers of over 50 GW reported by the SPDA is about a quarter the size of India's current installed renewable capacity of 184.6 GW.
The companies did not respond to Reuters requests seeking comment.
A spokesperson for India's power ministry told Reuters on Saturday renewable projects of about 44 GW had been awarded generation licences by federal agencies - which account for most tenders - but did not have supply agreements.
He did not elaborate on the scale of the increase in stranded projects, the duration of delay or companies affected.
Delays in critical transmission infrastructure - especially in sun-drenched states such as Rajasthan and Gujarat - have forced many solar plants to miss commissioning deadlines, the SPDA said in the June letter.
Interstate transmission lines connecting renewable energy projects to the grid are being fast-tracked, and compensation for landowners allowing power cables on their property has been increased to facilitate construction, the ministry spokesperson said.
India plans to connect 230 GW of renewable energy projects to the grid through interstate transmission lines, of which 20% have been completed, 70% are under construction and the remainder is being bid out, he said, without specifying a timeline for completion.
Renewable projects are also stuck due to prolonged legal disputes over land and environmental permissions, SPDA said, adding that several developers have paused operations over unresolved court cases.
(Reporting by Sudarshan Varadhan; Editing by Frances Kerry, Louise Heavens and Alison Williams)
(([email protected]; +65 91164984;))
By Sudarshan Varadhan
SINGAPORE, Aug 1 (Reuters) - India's stranded renewable power capacity - projects awarded but unable to come online - more than doubled over nine months, due to unfinished transmission lines, and legal and regulatory delays, letters from an industry group to the government showed.
Renewable projects that won tenders to generate power but are yet to sign power purchase agreements with buyers have surged to over 50 gigawatts (GW), India's Sustainable Projects Developers Association (SPDA) said in a letter to the Ministry of New and Renewable Energy on June 27.
That compared with stranded projects of over 20 GW, another letter sent by the SPDA on October 4 showed. Both letters were reviewed by Reuters.
The stranded solar and wind capacity without buyers of over 50 GW reported by the SPDA is about quarter the size of India's current installed renewable capacity of 184.6 GW.
"India's energy transition is not just about building solar and wind capacity, it is also about ensuring that clean power reaches in a most optimum cost and timely manner," the SPDA said in the June 27 letter to the renewable energy ministry.
The ministry did not immediately respond to a request seeking comment.
India has been ramping up renewables as it pushes to more than double its non-fossil fuel power capacity to 500 GW by 2030. A record 22 GW of solar and wind capacity came online in the six months ended June, government data showed.
However, tendered projects cumulatively worth billions of dollars awarded to companies including JSW, NTPC NTPC.NS, NTPG.NS, Adani Green ADNA.NS, ACME Solar ACMO.NS, Renew RNW.O and Sembcorp SEMB.NS are stranded, two industry officials familiar with the matter said.
The companies did not respond to Reuters requests seeking comment.
The SPDA includes leaders of some of India's largest renewable energy producers Renew Power, ACME Group and Avaada Group as members of its core committee.
Delays in critical transmission infrastructure - especially in sun-drenched states such as Rajasthan and Gujarat - have forced many solar plants to miss commissioning deadlines, risking financial penalties and potential loss of government incentives, the SPDA said in the June letter.
The SPDA urged the government in the same letter to recognise delays in approvals and transmission construction as force majeure events to help protect developers from financial penalties, and to expedite regulatory permissions.
Renewable projects are also stuck due to prolonged legal disputes over land and environmental permissions, it said, adding that several developers have paused operations over unresolved court cases.
(Reporting by Sudarshan Varadhan
Editing by Frances Kerry)
(([email protected]; +65 91164984;))
By Sudarshan Varadhan
SINGAPORE, Aug 1 (Reuters) - India's stranded renewable power capacity - projects awarded but unable to come online - more than doubled over nine months, due to unfinished transmission lines, and legal and regulatory delays, letters from an industry group to the government showed.
Renewable projects that won tenders to generate power but are yet to sign power purchase agreements with buyers have surged to over 50 gigawatts (GW), India's Sustainable Projects Developers Association (SPDA) said in a letter to the Ministry of New and Renewable Energy on June 27.
That compared with stranded projects of over 20 GW, another letter sent by the SPDA on October 4 showed. Both letters were reviewed by Reuters.
The stranded solar and wind capacity without buyers of over 50 GW reported by the SPDA is about quarter the size of India's current installed renewable capacity of 184.6 GW.
"India's energy transition is not just about building solar and wind capacity, it is also about ensuring that clean power reaches in a most optimum cost and timely manner," the SPDA said in the June 27 letter to the renewable energy ministry.
The ministry did not immediately respond to a request seeking comment.
India has been ramping up renewables as it pushes to more than double its non-fossil fuel power capacity to 500 GW by 2030. A record 22 GW of solar and wind capacity came online in the six months ended June, government data showed.
However, tendered projects cumulatively worth billions of dollars awarded to companies including JSW, NTPC NTPC.NS, NTPG.NS, Adani Green ADNA.NS, ACME Solar ACMO.NS, Renew RNW.O and Sembcorp SEMB.NS are stranded, two industry officials familiar with the matter said.
The companies did not respond to Reuters requests seeking comment.
The SPDA includes leaders of some of India's largest renewable energy producers Renew Power, ACME Group and Avaada Group as members of its core committee.
Delays in critical transmission infrastructure - especially in sun-drenched states such as Rajasthan and Gujarat - have forced many solar plants to miss commissioning deadlines, risking financial penalties and potential loss of government incentives, the SPDA said in the June letter.
The SPDA urged the government in the same letter to recognise delays in approvals and transmission construction as force majeure events to help protect developers from financial penalties, and to expedite regulatory permissions.
Renewable projects are also stuck due to prolonged legal disputes over land and environmental permissions, it said, adding that several developers have paused operations over unresolved court cases.
(Reporting by Sudarshan Varadhan
Editing by Frances Kerry)
(([email protected]; +65 91164984;))
July 30 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - 6 MW OF DAYAPAR WIND PROJECT DECLARED OPERATIONAL
Source text: ID:nBSE8vx82q
Further company coverage: NTPG.NS
(([email protected];))
July 30 (Reuters) - NTPC Green Energy Ltd NTPG.NS:
NTPC GREEN ENERGY LTD - 6 MW OF DAYAPAR WIND PROJECT DECLARED OPERATIONAL
Source text: ID:nBSE8vx82q
Further company coverage: NTPG.NS
(([email protected];))
More Mid Cap Ideas
See similar 'Mid' cap companies with recent activity
Promoter Buying
Companies where the promoters are bullish
Capex
Companies investing on expansion
Superstar Investor
Companies where well known investors have invested
Popular questions
- Business
- Financials
- Share Price
- Shareholdings
What does NTPC Green Energy do?
NTPC Green Energy is a wholly owned subsidiary of NTPC, a ‘Maharatna’ central public sector enterprise. The company is mainly engaged in the activity of developing, building, owning, operating and maintaining utility scale grid connected solar and wind power projects (through O&M operations and in-house engineering).
Who are the competitors of NTPC Green Energy?
NTPC Green Energy major competitors are Adani Green Energy, JSW Energy, Tata Power, Inox Wind -Amalgamat, NHPC, Torrent Power, NLC India. Market Cap of NTPC Green Energy is ₹73,225 Crs. While the median market cap of its peers are ₹76,644 Crs.
Is NTPC Green Energy financially stable compared to its competitors?
NTPC Green Energy seems to be less financially stable compared to its competitors. Altman Z score of NTPC Green Energy is 1.35 and is ranked 5 out of its 8 competitors.
Does NTPC Green Energy pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. NTPC Green Energy latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has NTPC Green Energy allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is NTPC Green Energy balance sheet?
NTPC Green Energy balance sheet is weak and might have solvency issues
Is the profitablity of NTPC Green Energy improving?
Yes, profit is increasing. The profit of NTPC Green Energy is ₹575 Crs for TTM, ₹523 Crs for Mar 2026 and ₹475 Crs for Mar 2025.
Is the debt of NTPC Green Energy increasing or decreasing?
Yes, The net debt of NTPC Green Energy is increasing. Latest net debt of NTPC Green Energy is ₹28,023 Crs as of Mar-26. This is greater than Mar-25 when it was ₹10,937 Crs.
Is NTPC Green Energy stock expensive?
NTPC Green Energy is not expensive. Latest PE of NTPC Green Energy is 120, while 3 year average PE is 189. Also latest EV/EBITDA of NTPC Green Energy is 35.61 while 3yr average is 47.49.
Has the share price of NTPC Green Energy grown faster than its competition?
NTPC Green Energy has given lower returns compared to its competitors. NTPC Green Energy has grown at ~-11.39% over the last 1yrs while peers have grown at a median rate of 0.63%
Is the promoter bullish about NTPC Green Energy?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in NTPC Green Energy is 89.01% and last quarter promoter holding is 89.01%.
Are mutual funds buying/selling NTPC Green Energy?
The mutual fund holding of NTPC Green Energy is increasing. The current mutual fund holding in NTPC Green Energy is 3.96% while previous quarter holding is 3.81%.