NTPC Green Energy Limited’s shares climbed 5% following a significant win by its subsidiary, NTPC Renewable Energy Limited (NTPC REL), in a Solar Energy Corporation of India (SECI) e-reverse auction on December 9, 2024.
NTPC REL secured a 500 MW Solar PV Power Project capacity at a competitive tariff of ₹3.52 per kWh. The project includes an Energy Storage System (ESS) of 250 MW/1000 MWh, enhancing renewable energy reliability. This is part of SECI’s 2000 MW ISTS-connected Solar PV Power Projects initiative with 1000 MW/4000 MWh ESS capacity.
NTPC Green Energy shares opened at ₹152.51, reaching a high of ₹154.40 and a low of ₹151.00 today. The stock is nearing its 52-week high of ₹155.35, showcasing strong momentum from its 52-week low of ₹111.50.
As of 9:17 am, NTPC Green shares were trading 3.21% higher at Rs 151.36 on the NSE.
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