NTPC Green Starts Full Operations of Shajapur Solar Project Unit II

Written by: Kusum KumariUpdated on: 30 Jun 2025, 2:45 pm IST

NTPC Green fully commissions Shajapur Solar Project Unit II, taking total capacity to 325 MW. Shares closed lower, down over 6% in the past month.

NTPC Green Starts Full Operations of Shajapur Solar Project Unit II

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.

Project Overview

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:

Unit I: 105 MW (completed)
Unit II: 120 MW (completed)
Unit III: 125 MW (yet to be commissioned)

About NTPC Green Energy Ltd

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).

NTPC Share Price Performance

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.

Conclusion

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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