State-owned renewable energy firm NTPC Green Energy Ltd (NGEL) on Thursday (October 23) announced that a part capacity of 9.9 MW wind power has been declared commercially operational with effect from October 25,
2025.
The capacity is part of the total installed 92.4 MW wind project located in Bhuj, Gujarat, developed by Ayana Renewable Power Four Private Ltd. Ayana Renewable Power Four Private Ltd is a subsidiary of Ayana Renewable Power Private Ltd., which in turn is a wholly owned subsidiary of ONGC NTPC Green Private Ltd, a joint venture between ONGC and NTPC Green Energy Ltd.
Also Read: NTPC Green Energy subsidiary signs MoU with Gujarat govt to develop 15 GW renewable projects
With this addition, the current commercial capacity of NTPC Green Energy Ltd Group stands at 7553.675 MW. Following the inclusion of this newly operational 9.9 MW, the total installed capacity of the NGEL Group will increase to 7563.575 MW.
First Quarter Results
NTPC Green Energy Ltd reported a 59% year-on-year jump in its net profit for the April–June quarter of FY26. Net profit rose to ₹220 crore from ₹138 crore a year earlier. Revenue for the quarter came in at ₹680 crore, marking a 17.6% increase compared to ₹578 crore in Q1FY25.
The company’s EBITDA stood at ₹603 crore, up 17.8% from ₹512 crore in the same period last year. Despite the rise in expenses, NGEL maintained stable profitability with EBITDA margin flat at 88.6%.
Also Read: NTPC gets Cabinet nod to invest ₹20,000 crore in renewable energy arms
Shares of NTPC Green Energy Ltd ended at ₹100.80, up by ₹0.25, or 0.25%, on the BSE.
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