NTPC Renewable Energy Limited Signs 1,200 MW Solar Power Purchase Agreement with PTC India Limited

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has signed a Power Purchase Agreement (PPA) with PTC India Limited for the sale of 1,200 MW of solar power under a bilateral arrangement.

The PPA was exchanged in the august presence of Dr. Manoj Kumar Jhawar, MD & CEO (PTC) and Dr. J. S. Chandok, CEO (ONGPL) and other senior officials of NGEL/NTPC REL and PTC India Limited.

The agreement marks a significant milestone in strengthening collaboration between the two organizations to promote clean and sustainable energy in India.

Shares of NTPC Green Energy Limited was last trading in BSE at Rs. 95.44 as compared to the previous close of Rs. 96.46. The total number of shares traded during the day was 182747 in over 1608 trades.

The stock hit an intraday high of Rs. 96.50 and intraday low of 95.31. The net turnover during the day was Rs. 17493267.00.

Source : Equity Bulls

Keywords

INE0ONG01011 NTPCGreenEnergy PowerGeneration NTPCRenewableEnergy PPA PTCIndia