The project has been developed by Ayana Renewable Power Four, a subsidiary of Ayana Renewable Power, which in turn is a wholly owned subsidiary of ONGC NTPC Green—a joint venture between ONGC and NTPC Green Energy.
NTPC Green Energy (NGEL) was incorporated as a fully owned subsidiary of NTPC on 7 April 2022 for developing RE parks and projects. It had been established as the renewable energy (RE) arm of NTPC, with all the operational and under-construction projects transferred to NGEL.
The company’s consolidated net profit jumped 59.1% to Rs 220.48 crore on a 17.6% increase in net sales to Rs 680.21 crore in Q1 FY26 over Q1 FY25.
NTPC Green Energy rose 0.07% to Rs 100.85 on the BSE.