NTPC Green Energy Ltd, a fully-owned subsidiary of NTPC Ltd, announced that Unit II of the Shajapur Solar Project in Madhya Pradesh is now fully operational. This update was shared through a stock exchange filing on Sunday, June 29, 2025.
Earlier in March, the company had completed Unit I with a capacity of 105 MW. With Unit II adding 120 MW, the total installed capacity has reached 325 MW.
This solar project is part of a 450 MW solar park planned in the Shajapur district. The project will have three units in total:
Incorporated in April 2022, NTPC Green Energy is a renewable energy company that develops projects through both organic growth and acquisitions. NTPC Green Energy Limited (NGEL) is a subsidiary of NTPC Limited, which is a central public sector company. As of September 30, 2024, NGEL is India’s largest public sector renewable energy company (not counting hydro power).
On Friday, June 27, NTPC Green share price closed lower at ₹105.99, down ₹0.76 or 0.71%. Over the last month, the stock has dropped by ₹6.84 or 6.06%. The company’s 52-week high is ₹155.35.
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The completion of Unit II marks another milestone for NTPC Green in expanding India’s solar capacity. The final 125 MW unit will further boost renewable energy output once commissioned. Investors are watching closely as the company progresses with this large-scale project.
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Published on: Jun 30, 2025, 9:15 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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