NTPC Green Energy (NGEL) and Indus Towers (ITL) today signed a Memorandum of Understanding (MoU), to address the need for pacing green energy objectives and the GOI`s efforts towards carbon neutral economy. The MoU is to explore a joint development of grid connected Renewable Energy based Power Projects including Solar, Wind, Energy storage etc. and/or solutions thereof. Indus Towers aims to expand its renewable energy portfolio in a phased manner to Giga Watt scale capacity, for its business operations spread across the country, as a part of its Net Zero commitmentsPowered by Capital Market - Live News

NTPC has decided to issue unsecured non-convertible debentures of Rs.1,500 crore on 21 March 2024, through private placement at a coupon of 7.48% p.a. for a tenor of 2 years, maturing on 21 March 2026.The proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes.The debentures are proposed to be listed on BSE. Powered by Capital Market - Live News

NTPC has completed the trial operation of Unit-2 of 660 MW capacity of North Karanpura Super Thermal Power Project (3 x 660 MW) and consequently included in the installed capacity of NTPC. With this, the total installed capacity of NTPC on standalone and group basis has become 59298 MW and 75418 MW respectively.Powered by Capital Market - Live News

NTPC Green Energy (NGEL), a wholly owned subsidiary of NTPC, has signed a Joint Venture Agreement with Maharashtra State Power Generation Company (MAHAGENCO), for development of Renewable Energy Parks in the state of Maharashtra. The company to be set up under the joint venture will develop GW-scale renewable energy parks and undertake projects of this scale in a phased manner. The agreement aligns with the green energy objectives of NTPC and is another step in the Government of India`s efforts towards energy transition.Powered by Capital Market - Live News

NTPC announced that consequent upon successful commissioning and due approvals, first part capacity of 70 MW out of 150 MW Chhattargarh Solar PV Project in Bikaner, Rajasthan of NTPC REL, a stepdown subsidiary of NTPC through its wholly owned subsidiary NTPC Green Energy, is declared on Commercial Operation w.e.f. 21 February 2024.With this, installed and commercial capacity of NTPC Group has become 73958 MW.Powered by Capital Market - Live News