New Delhi: State-owned NTPC Green Energy Ltd (NGEL) on Wednesday reported a strong 135% year-on-year jump in consolidated net profit to ₹86.38 crore for the September 2025 quarter, driven by higher revenues and improved operational performance.
The company, a subsidiary of NTPC Ltd, had posted a net profit of ₹36.69 crore in the same quarter last year, according to a regulatory filing.
Its total income rose to ₹656.72 crore, up from ₹525.32 crore in the year-ago period.
NTPC Green Expands Renewable Footprint in Gujarat
NTPC also announced that its subsidiary will commence commercial operations of a 9.9 MW wind project in Bhuj, Gujarat, from October 25, 2025.
The capacity forms part of a 92.4 MW wind power project, boosting NTPC Group’s total installed and commercial capacity to 84,049 MW.
Meanwhile, NTPC Ltd has also begun commercial operations of a 38 MW solar power unit in Gujarat under its 300 MW Khavda Solar Energy Project — implemented by NTPC Renewable Energy Ltd, a step-down subsidiary through NGEL.
Earlier this year, NTPC had already declared commercial operations for three parts of the Khavda project:
- 142.2 MW (June 28, 2025)
- 32.8 MW (June 30, 2025)
- 49.125 MW (August 22, 2025)
The fourth part, with a capacity of 37.95 MW, became operational on October 19, 2025, bringing the total commercially operational capacity under the project to 262.07 MW.
With this addition, NTPC Green Energy’s total installed capacity now stands at 7,553.675 MW, while its commercial capacity has reached 7,515.72 MW.
Dividend and Corporate Updates
Earlier this month, NTPC paid a final dividend of ₹3,248 crore to the central government for FY25, underscoring its strong financial position and steady cash flows.
NTPC, under the Ministry of Power, remains India’s largest energy generator, with an expanding renewable portfolio aligned with the country’s clean energy goals.
