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NTPC Renewable Energy Wins SECI Bid to Supply Green Ammonia to Krishana Phoschem

Written by: Team Angel OneUpdated on: 5 Aug 2025, 6:01 pm IST
NTPC Renewable Energy secures SECI auction to supply 70,000 MT/year green ammonia to Krishana Phoschem at ₹51.80/kg in Madhya Pradesh.
NTPC Renewable Energy Wins SECI Bid to Supply Green Ammonia to Krishana Phoschem
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NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Green Energy Limited, has been awarded the contract to supply 70,000 metric tonnes per year of green ammonia to Krishana Phoschem Limited. The win came through a competitive e-reverse auction conducted by the Solar Energy Corporation of India (SECI) on 4 August 2025. NTPC REL quoted a winning price of ₹51.80 per kilogram for delivery to Krishana Phoschem’s facility located in Meghnagar, Madhya Pradesh.

SECI Auction Strengthens Fertiliser Sector’s Green Shift

The award forms part of a broader SECI initiative to promote clean energy use in the fertiliser and chemical sectors. The tender aimed to allocate a total of 7.24 lakh metric tonnes of green ammonia annually across 13 locations in India. NTPC REL secured the full quantity designated for Krishana Phoschem, underlining the company’s competitiveness and commitment to supporting India’s net-zero ambitions.

About NTPC Renewable Energy 

NTPC Renewable Energy Limited operates under NTPC Green Energy Limited, which is a wholly owned subsidiary of NTPC Limited, India’s largest power generator. The company is driving India’s clean energy transition through solar, wind, and green hydrogen projects. NTPC REL’s expanding portfolio reflects its role in decarbonising core industries while aligning with national sustainability goals.

Also ReadRefex Industries Secures ₹50 Crore Order from NTPC!

NTPC Green Energy Share Price Performance 

As of August 5, 2025, at 9:22 AM, NTPC Green Energy share price is trading at ₹105.88 per share, reflecting a gain of 0.75%. Over the past month, the stock has declined by 0.98%.

Conclusion

NTPC REL’s successful bid reinforces its position as a key player in India’s green hydrogen and ammonia ecosystem. With Krishana Phoschem tapping into green fuel alternatives, this agreement not only ensures cleaner industrial output but also contributes meaningfully to India's clean energy aspirations.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 5, 2025, 10:48 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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