NTPC Green Energy's Ayana Wins 140 MW Renewable Project for ₹4.35/kWh in REMC Tender

Ayana Renewable Power Pvt. Ltd. has secured 140 MW of round-the-clock renewable capacity through an auction run by REMC Limited. The tariff for this supply has been set at ₹4.35/kWh, as finalised in an e-reverse auction held on November 21, 2025, as per the exchange filings.  

Part of a 1,000 MW Requirement 

The bidding came under a plan to source 1,000 MW of RTC renewable power from grid-connected projects. The tender allowed the use of renewable sources with the option of adding storage. The objective was to contract electricity from projects that can supply power throughout the day rather than delivering only when sun or wind is available.  

Company Linkage 

Ayana Renewable Power is fully owned by ONGC NTPC Green Pvt Ltd This parent entity is a 50:50 joint venture between NTPC Green Energy Ltd and ONGC Green Ltd. The ownership makes Ayana part of a renewable development platform formed jointly by two public sector organisations in India’s energy sector.  

RTC Supply Requirement 

Projects under the tender are required to supply electricity on a continuous basis. To meet this condition, developers may combine sources such as wind and solar with storage systems. The tender’s terms, issued through the Request for Selection (RFS), did not restrict the technology mix as long as the contracted supply could be delivered round the clock.  

NTPC Green Energy Ltd. issued a disclosure to NSE and BSE under Regulation 30 of SEBI Listing Regulations, 2015. The filing included the press release about Ayana’s winning bid and was issued by the company secretary on the same date as the auction outcome.  

NTPC Green Energy Share Price Performance  

As of November 24, 2025, 11:15 am, NTPC Green Energy share price is trading at ₹95.49, a 1.69% decline from the previous closing price. 

Read More: Axis Bank to Raise ₹5,000 Crore Via Private Placement of Debt Securities! 

Conclusion 

With the allocation of 140 MW at a fixed tariff, the RTC tender contributes to long-term sourcing of renewable power. Such contracts continue to expand the requirement for renewable generation backed by systems that can deliver consistent output. 

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