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Incorporated in April 2022, NTPC Green Energy Limited is a wholly owned subsidiary of NTPC Limited. NTPC Green is a renewable energy company that focuses on undertaking projects through organic and inorganic routes.
NGEL is tasked with expanding NTPC's renewable energy capacity, focusing on solar, wind, and hybrid projects. This is part of NTPC's larger commitment to reduce its reliance on coal-based power and increase its renewable energy capacity. NTPC aims to achieve 60 GW of renewable energy capacity by 2032, and NGEL plays a central role in realizing this
target.
NTPC intends to continue to grow its project pipeline through prudent bidding and strategic joint ventures with PSUs and private corporates. They have signed a JV Agreement with MAHAPREIT to implement Renewable Energy Park projects including solar, wind and hybrid energy.
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