Market Performance
NTPC Green Energy’s share price surged 3.8% in early trading on June 4, reaching ₹112 per share. The stock has gained 25.3% in the last four months, rising from ₹87 to ₹109.
Despite trading at a 10.4% discount to its listing price of ₹121.70, the stock remains close to its initial public offering price of ₹108, reflecting strong investor confidence.
Key Development: 1000 MW Solar Power Agreement
NTPC Renewable Energy (a subsidiary of NTPC Green Energy) signed a Power Purchase Agreement for 1,000 MW at a tariff of ₹2.56 per kWh.
Project Highlights:
- Won through an e-reverse auction by Uttar Pradesh Power Corporation Ltd (UPPCL) on January 4.
- Part of India’s 2,000 MW solar photovoltaic (PV) power project is being awarded through competitive bidding.
- Strengthens NTPC Green’s position as a leading player in the renewable energy sector.
This follows another recent win:
- 80 MW/320 MWh project was secured from NHPC Limited on May 21.
Financial Performance (FY25)
Quarterly Results (March 2025)
- Net Profit: ₹233.21 Crore (+ 255% YoY)
- Revenue: ₹622.27 Crore (+ 22.4% YoY)
Annual Results (FY25 vs. FY24)
- Net Profit: ₹475.5 Crore (+ 39%)
- Revenue: ₹2,209.6 Crore (+ 12.5%)
Company Overview
- Parent Company: NTPC Limited (India’s largest power utility).
- Business Focus: Solar and wind energy projects across 6+ states.
- Market Position: Largest renewable energy PSU (excluding hydro) in India.
Summary
NTPC Green Energy’s share price rally is driven by:
- 1,000 MW solar power deal at ₹2.56/kWh.
- Strong quarterly & annual financial growth.
- Expanding renewable energy portfolio with new project wins.
With a solid foothold in India’s green energy transition.
