The projects comprise 212.5 MW from the 1,255 MW Khavda-I Solar PV Project of NTPC Renewable Energy, a wholly owned subsidiary of NTPC Green Energy, which was declared commercially operational effective 20 August 2025 under the CPSU Scheme Phase-II Tranche-III.
Further, 52.8 MW of wind capacity, part of a 100 MW hybrid project (92.4 MW wind and 37.5 MW solar) of Ayana Renewable Power Four—a subsidiary of Ayana Renewable Power and a wholly owned subsidiary of joint venture ONGC NTPC Green—was declared commercially operational effective 21 August 2025.
NTPC Green Energy (NGEL) is a renewable energy company that focuses on undertaking projects through organic and inorganic routes.
The company’s consolidated net profit dropped 5.46% to Rs 220.48 crore on a 9.31% rise in revenue to Rs 680.21 crore in Q1 FY26 over Q4 FY25.