NTPC Green Energy shares rise 3% as 25 MW Gujarat project starts commercial operation

With the addition of this capacity, the total installed capacity of the NGEL Group will increase to 7,272.575 MW.

Shares of NTPC Green Energy (NGEL) gained 5.01% to touch an intraday high of ₹108.75 apiece on the National Stock Exchange (NSE). At 10:27 AM, shares of NTPC Green Energy were trading 2.69% higher at ₹106.35 apiece on the NSE.

The counter opened at ₹104.95, up from the previous close of ₹103.56. Over the last five days, shares of NGEL have advanced 2.78%. The stock also moved upwards 5.56% in the last month. On a six-monthly basis, the shares have zoomed 10.70%, while the year-to-date drop stands at 16.53%.

The company’s market capitalisation currently stands at ₹89,656.15 crore.

"...part capacity of 25 MW solar out of the total installed capacity of 150 MW Solar Project located in Bhuj, Gujarat of Ayana Renewable Power Four Private Ltd is declared on commercial operation w.e.f. 03.09.2025," NGEL said in an exchange filing.

Ayana Renewable Power Four Pvt Ltd is a subsidiary of Ayana Renewable Power Pvt Ltd, a wholly owned subsidiary of joint venture ONGC NTPC Green Pvt Ltd.

Earlier this month, NTPC Green Energy Ltd (NGEL) signed an MoU with V.O. Chidambaranar Port Authority (VOCPA) to promote green energy solutions. Under this plan, NGEL will set up a green hydrogen fuelling station at VOC Port and introduce hydrogen-based internal combustion engine trucks for port operations.

The NGEL stock touched its 52 week high of ₹155.35 on December 4, 2024, and touched its 52 week low of ₹84.55 on March 3, 2025.

NTPC Green Energy Q1 results:

NTPC Green Energy, the renewable power generation company, reported consolidated net profit of ₹220 crore in the first quarter of the current financial year marking an increase of 58% from ₹139 crore in the same period last year.

The company's revenue from operations advanced 18% to ₹680 crore in April-June period from ₹578 crore in the year-ago period.

NTPC Green reported stable performance in June quarter as its operating profit also known as earnings before interest, taxes, depreciation and amortisation (EBITDA) climbed 18% to ₹604 crore compared with ₹513 crore in the year-ago period.

The company's total expenses rose 16% to ₹493 crore.