NTPC Green Shares Broke Their 5-Day Losing Streak: Gained 1%

On March 3, 2025, NTPC Green shares broke their 5-day losing streak by gaining ~1%, reaching a day high of ₹89.15 at 11:23 AM, after opening at ₹88.81 on BSE. After a cumulative fall of ~20%, NTPC Green shares came into positive territory. The shares of NTPC Green are currently trading near their 52-week low of ₹84.60.

New Capacity Addition to Bikaner Project

On March 3, 2025, the company announced the successful commissioning of the fourth and final segment, with a capacity of 18.32 MW, of the 300 MW Shambu ki Burj-2 (Kolayat) Solar PV Project in Bikaner, Rajasthan. The first segment, with a capacity of 150 MW, the second segment with 98.78 MW, and the third segment with 32.90 MW have already been declared commercially operational.

Signing of MoU with MP Government

To support the development of Renewable Energy Parks/Projects and assist the Government of India’s energy transition efforts, a Memorandum of Understanding (MoU) has been signed between NTPC Green Energy Limited (NGEL) and Madhya Pradesh Power Generating Company Limited (MPPGCL).

The MoU outlines collaboration in the renewable energy sector, with plans to establish projects that include Solar, Wind, and Hybrid systems, with or without storage, totalling up to 20 GW or more in Madhya Pradesh. MPPGCL and NGEL will work together to form a Joint Venture Company (JVC) aimed at fulfilling the Renewable Generation Obligation (RGO) of Madhya Pradesh Generating Company and the Renewable Purchase Obligation (RPO) of Madhya Pradesh DISCOMs.

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