NTPC Declares COD for 130.47 MW Khavda-I Solar Project in Gujarat

NTPC Limited has informed stock exchanges about the declaration of the Commercial Operation Date (COD) for the tenth part capacity of its Khavda-I Solar PV Project in Gujarat.

The declared capacity of 130.47 MW forms part of the total 1,255 MW project being developed under the CPSU Scheme Phase-II Tranche-III. The COD has been declared with effect from 00:00 hours on January 29, 2026.

Project Structure and Subsidiaries

The Khavda-I Solar PV Project is being executed by NTPC Renewable Energy Limited, a step-down subsidiary of NTPC Limited through NTPC Green Energy Limited (NGEL). NTPC Renewable Energy Limited is a wholly owned subsidiary of NGEL. 

Impact on NTPC Group Capacity

With the commissioning of this 130.47 MW capacity, the total installed capacity of the NTPC Group has increased to 87,455 MW, while the commercial capacity now stands at 86,375 MW.

NTPC Green Energy Capacity Update

Following this addition, the commercial capacity of the NTPC Green Energy Limited Group stands at 8,347.78 MW. The total installed capacity of NGEL Group has increased to 8,478.25 MW, underscoring steady progress toward its clean energy expansion targets.

Board Meeting to Consider Q3FY26 Results and Interim Dividend

The company has intimated that a meeting of its Board of Directors will be held in New Delhi on Friday, January 30, 2026, to consider and approve the unaudited financial results for the quarter and nine months ended December 31, 2025, subject to review by the Audit Committee. 

The Board will also deliberate on the declaration of a second interim dividend for the financial year 2025–26. In line with Regulation 42 of the SEBI Listing Regulations, 2015, Friday, February 6, 2026, has been fixed as the record date to determine shareholders’ eligibility for the proposed interim dividend, if declared.

NTPC Share Price Performance

On January 29, 2026, NTPC share price opened at ₹350.00, up from its previous close of ₹348.05. At 10:53 AM, the share price of NTPC was trading at ₹357.20, up by 2.63% on the NSE.

Also Read: NTPC Takes Full Control of PTC India as PFC, PowerGrid, NHPC Exit Management!

Conclusion

The declaration of COD for part capacity of the Khavda-I Solar PV Project marks another step forward in NTPC’s renewable energy journey. The development reinforces the company’s commitment to expanding solar capacity while supporting India’s long-term clean energy and sustainability goals.

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