NTPC Green Energy Launches 87.5 MW Solar Project in Rajasthan
NTPC Green Energy commissions 87.5 MW solar capacity in Rajasthan
Business Standard
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NTPC Green Energy has launched an 87.5 MW solar power capacity in Rajasthan as part of its 150 MW Project Eleven Renewable Power. This expansion increases the company's total commercial capacity to 10,276.40 MW. Despite a significant drop in net profit, shares rose by 0.93%.
- 01NTPC Green Energy has commissioned 87.5 MW of solar capacity.
- 02The project is part of a larger 150 MW initiative in Rajasthan.
- 03Total commercial capacity now stands at 10,276.40 MW.
- 04The company's net profit fell 73.6% to ₹17.32 crore.
- 05Shares increased by 0.93% to ₹112.60.
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NTPC Green Energy has successfully commissioned 87.5 MW of solar capacity in Rajasthan, contributing to its 150 MW Project Eleven Renewable Power. This new capacity brings NTPC Green Energy's total commercial capacity to 10,276.40 MW. The company reported a 73.6% decline in consolidated net profit, which fell to ₹17.32 crore, despite a 29.3% increase in revenue to ₹653.29 crore for the third quarter of FY26 compared to the same period last year. Following the announcement, NTPC Green Energy's shares rose by 0.93% to ₹112.60 on the Bombay Stock Exchange (BSE). The company continues to focus on expanding its renewable energy footprint through various projects.
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The commissioning of this solar project contributes to renewable energy availability in Rajasthan, potentially leading to lower energy costs and increased job opportunities in the renewable sector.
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