NTPC Limited — Important, 28-03-2025: General Updates

NTPC Green Energy Limited's subsidiary, ONGC NTPC Green Private Limited, has completed the acquisition of a 100% equity stake in Ayana Renewable Power Private Limited. This acquisition enhances NTPC's installed capacity to 79,930 MW and significantly bolsters its renewable energy portfolio with Ayana’s approximately 4,112 MW capacity, which includes 2,123 MW operational and 1,989 MW under construction. Supported by reputable off-takers, this strategic move aligns with NTPC's goal of achieving 60 GW of renewable capacity by 2032. Investors may view this as a positive outlook given the expansion into renewable energy and the potential for stable cash flows from Ayana's established market presence.