NTPC Green Energy Ltd (NGEL) reported an 18% increase in consolidated net profit for the December quarter of FY25, reaching Rs. 65.61 crore, compared to Rs. 55.61 crore in the same period last year. The rise is attributed to higher income, with total income climbing to Rs. 581.46 crore from Rs. 463.46 crore in the previous year. Expenses stood at Rs. 482.22 crore, up from Rs. 383.28 crore.
NGEL, a recently listed umbrella company for NTPC’s green business initiatives, focuses on renewable energy projects through both organic and inorganic approaches.
Additionally, NGEL announced that its subsidiary, NTPC Renewable Energy Limited (NTPC REL), secured a 300 MW solar project in an e-reverse auction conducted by NHPC, further strengthening its renewable energy portfolio.
NTPC Limited, India’s largest power producer, is a state-owned company specializing in the generation and distribution of electricity, with a strong focus on renewable energy expansion. Established in 1975, NTPC operates thermal, hydro, solar, and wind power plants across the country.
