NTPC Ltd

Partnership details

• NTPC and Africa50 sign Cooperation Agreement to identify and develop power projects across Africa.
• Agreement leverages NTPC's engineering and Africa50's project development and financing capabilities.
• Target is commercially viable projects and cross-border electricity trading.

Outlook and impact

• Partnership aims to attract investment and expand reliable electricity supply in Africa.

Background

• NTPC targets 149 GW total installed capacity by 2032.
• Africa50 has 39 shareholders, including 34 African countries.

Dematerialisation/Rematerialisation status

• No dematerialisation/rematerialisation requests were received during 01 July 2026 to 30 September 2026.

Change in Senior Management

• Chandan Kumar Samanta, Executive Director (Senior Management), ceases due to superannuation on 30 September 2026.

Operational update

• COD declared for second capacity of 73.06 MW and third capacity 80.88 MW at Kalasar Solar Energy Project.
• Part of 650 MW solar component under REMCL RTC Project of NTPC Renewable Energy Limited via NGEL.
• COD effective from 00:00 hrs on 1 October 2026.
• Total NTPC group installed capacity now 91,456 MW; commercial capacity 90,376 MW.
• Subsidiaries involved: NGEL and NTPC Renewable Energy Limited.

COD update

• NGEL, NTPC's subsidiary, declares commercial operation of 81.34 MW Kalasar Solar Energy Project, Bikaner, Rajasthan.
• Part of 650 MW solar component under 500 MW REMCL RTC Project via NTPC Renewable Energy Limited.
• Effective 00:00 hrs on 26 September 2026.
• Total NTPC group installed capacity now 91,302 MW; commercial capacity 90,222 MW.

NTPC Ltd: Trading window closed from 1 October 2026 until 48 hours after declaration of financial results for the quarter ending 30 September 2026

ESG rating update

• NTPC assigned CRISIL ESG Rating 62, category Strong.
• Rating prepared independently by CRISIL ESG Ratings & Analytics Limited based on public-domain information.
• NTPC did not engage CRISIL for this rating.
• Date of filing: 22 September 2026.
• No financial impact or revenue implications disclosed.

COD announcements for wind projects under REMCL RTC

• COD for 6.3 MW Vanki Wind Energy Project at Nakhatrana, Gujarat, under REMCL RTC.
• COD for 50.4 MW Jamjodhpur Wind Energy Project at Jamnagar, Gujarat, under REMCL RTC.
• Effective COD date: 00:00 hrs on 22 September 2026.
• Total NTPC group installed capacity now 91,221 MW; commercial capacity 90,141 MW.
• Disclosures issued by NTPC Green Energy Limited (NGEL), a stepdown subsidiary of NTPC.