NTPC Adds 50 MW Solar Power in Gujarat, Total Capacity Surges to 83,341 MW

New Delhi, 24 August 2025 – NTPC Limited, India’s largest power producer, has announced that its subsidiary NTPC Green Energy Limited (NGEL) has successfully declared the Commercial Operation Date (COD) of a 50 MW solar project at Bhuj, Gujarat, effective 24th August 2025.

This marks another milestone in NTPC’s renewable energy journey and pushes its total installed and commercial capacity to 83,341 MW.

📌 Key Disclosure Highlights

Capacity Declared on COD: 50 MW (Solar)
Project Location: Bhuj, Gujarat
Project Developer: Ayana Renewable Power Four Pvt. Ltd. (subsidiary of Ayana Renewable Power Pvt. Ltd.)
Parent Ownership: Ayana Renewable Power Pvt. Ltd. is a wholly owned subsidiary of ONGC NTPC Green Pvt. Ltd.
Effective Date of COD: 24th August 2025
NGEL Capacity Update:
- Before COD – 7,197.575 MW
- After COD – 7,247.575 MW
NTPC Group Capacity: Now 83,341 MW

📊 What This Means for NTPC & Investors

Steady Renewable Growth: Though 50 MW is small compared to NTPC’s massive portfolio, every addition showcases progress toward its 60 GW renewables target by 2032.
Strengthening Green Subsidiary (NGEL): With this, NGEL continues to expand as a key growth driver for NTPC, enhancing its visibility among ESG-focused investors.
Investor Sentiment:
- Short Term: Limited impact on NTPC’s stock price due to the modest scale.
- Long Term: Reinforces NTPC’s transition to renewables, supporting sustained valuation re-rating.
Strategic Advantage: Project execution in Gujarat adds to India’s solar-rich geography utilization, ensuring low-cost clean energy supply.

🔮 Future Outlook

NTPC is expected to accelerate solar and wind additions in the next 2–3 years, leveraging joint ventures like ONGC NTPC Green Pvt. Ltd.
With India pushing for 500 GW non-fossil capacity by 2030, NTPC’s growing renewable portfolio makes it a core beneficiary of policy support.
Retail investors looking for long-term green growth plays can see NTPC as a balanced bet – with stable cash flow from thermal assets and growth from green projects.

📢 Conclusion

The commissioning of 50 MW solar power in Bhuj may appear small in scale, but it is yet another step in NTPC’s green transition roadmap. As the company gradually tilts toward renewables, investors can expect a sustainable growth trajectory backed by strong government support and global ESG capital inflows.