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NTPC Green Energy Clinches 1,000 MW Uttar Pradesh Solar Auction, Eyes Sustainable Aviation Fuel

Securing power at a record Rs2.56 per kilowatt-hour highlights NTPC Green Energy’s drive to cut renewable energy costs.

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Overview

  • NTPC Green Energy won a 1,000 MW solar PV project in Uttar Pradesh with a PPA at Rs2.56 per kilowatt-hour.
  • The company has teamed up with Honeywell Automation India to pilot Sustainable Aviation Fuel production using eFining technology with captured CO₂ and green hydrogen.
  • In Q4 FY25, net profit surged 188% year-on-year to Rs233 crore as revenue climbed 22.5% to Rs622.3 crore.
  • NTPC Green Energy is targeting 40 GW of renewable capacity by FY2032 to bring its total green portfolio to 60 GW.
  • Plans are under way to commission 14 GW of pumped hydro storage within the next six to nine years to bolster grid flexibility.