NTPC Green Energy Limited — Important, 27-03-2025: General Updates

ONGC NTPC Green Private Limited (ONGPL), a joint venture of NTPC Green Energy Limited and ONGC Green Limited, has completed the acquisition of a 100% equity stake in Ayana Renewable Power Private Limited for ₹3124.25 Crore. Ayana, a prominent player in the renewable energy sector with a capacity of approximately 4112 MW, supports NTPC Green's goal of reaching 60 GW of renewable energy capacity by 2032. This acquisition strengthens ONGPL's position in the market, enhancing its asset base with high-credit-rated off-takers. Investors may view this positively, as it aligns with expanding green energy initiatives and capacity growth.