Joint Venture5 Dec 2025, 06:12 pm
NTPC Ltd Subsidiary, Chhattisgarh NTPC Green Energy Limited, Incorporated
AI Summary
NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, has incorporated its subsidiary & joint venture company, namely, Chhattisgarh NTPC Green Energy Limited on 5th December, 2025 with Chhattisgarh State Power Generation Company Limited in the ratio of 74:26 respectively. The company has been incorporated to develop, operate and maintain Renewable Energy Park including UMREPP and Project(s) in the State of Chhattisgarh or any other identified locations comprising of Solar/Wind/Hybrid upto 2 GW capacities and identification of reservoirs for Development of Floating Solar Projects.
Key Highlights
- NTPC Green Energy Limited has incorporated a new subsidiary & joint venture company, Chhattisgarh NTPC Green Energy Limited
- The new company is a 74:26 joint venture between NTPC Green Energy Limited and Chhattisgarh State Power Generation Company Limited
- The new company is incorporated to develop, operate and maintain Renewable Energy Park including UMREPP and Project(s) in the State of Chhattisgarh or any other identified locations comprising of Solar/Wind/Hybrid upto 2 GW capacities and identification of reservoirs for Development of Floating Solar Projects
- NTPC Green Energy Limited has subscribed 74,000 (Seventy-Four Thousand) equity shares at the face value of 10 each
- Chhattisgarh NTPC Green Energy Limited is a subsidiary of NTPC Green Energy Limited as the listed entity holds 74% shareholding in the new company