NTPC GREEN ENERGY Share price

Our Company was incorporated on April 7 2022 for the reorganisation of NTPC Limited’s renewable energy business. Pursuant to the issuance of National Monetisation Pipeline (“NMP”) by the Ministry of Finance on August 23 2021 and in consultation with the Ministry of Power the Renewable Energy (“RE”) assets of NTPC Limited were transferred to our Company at book value through a business transfer agreement dated July 8 2022. Further NTPC Limited also transferred 100% of its equity shareholding held in NTPC Renewable Energy Limited (“NREL”) to our Company through a share purchase agreement dated July 8 2022. The transfer of the RE assets and 100% equity shareholding in NREL were completed on February 28 2023.2023-Our Company acquired 15 renewable assets with a combined capacity of 2861 MW as well as equity shareholding in NTPC Renewable Energy Limited from our Corporate Promoter NTPC Limited-Our Company and Indian Oil Corporation Limited incorporated a joint venture company “Indianoil NTPC Green Energy Private Limited” (INGEL) for the purpose of developing grid connected and/or off-grid renewable energy-based power projects-Our wholly owned Subsidiary NTPC Renewable Energy Limited launched its first wind project with a capacity of 50 MW in Dayapar Bhuj Gujarat2024-Our wholly owned Subsidiary NTPC Renewable Energy Limited launched its first solar project in Chhattargarh Rajasthan with a capacity of 150 MW-Our Company commissioned a 40 MW solar photovoltaic project in Ayodhya-Our operational capacity exceeded 3 GW on a consolidated level-50 MW capacity of the total 220 MW Shajapur Solar Project owned by our material subsidiary NTPC Renewable Energy Limited was declared commercially operational