NTPC Green Energy Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company’s Board of Directors, in its meeting held on May 22, 2026, also approved raising funds through the issuance of debentures up to ₹5,000 Crore for the financial year 2026-27 and the incorporation of a joint venture with CtrlS Datacenters Limited for renewable energy project development. For the quarter ended March 31, 2026 (Q4 FY26), the company reported revenue from operations of ₹499.02 Crore. This represents a sequential increase of 11.68% compared to the previous quarter (Q3 FY26: ₹446.81 Crore) and a decrease of 8.95% compared to the corresponding quarter of the previous year (Q4 FY25: ₹548.64 Crore). Consolidated net profit for the year reached ₹521.35 Crore.

NTPC Green Energy Limited (NGEL) is a wholly-owned subsidiary of NTPC Limited and functions as the primary vehicle for the group’s renewable energy business. The company manages a diverse portfolio comprising solar, wind, and green hydrogen projects, playing a pivotal role in NTPC’s broader objective to achieve 60 GW of renewable capacity by 2032. Throughout 2025, the company remained highly active in expanding its capacity, notably through several declarations of Commercial Operation Dates (COD) for solar projects across India, including those in Gujarat, Andhra Pradesh, and Rajasthan. In November 2025, the company also successfully initiated a major fundraising exercise, issuing unsecured non-convertible debentures worth ₹1,500 Crore to support its ongoing capital expenditure and project development requirements.

The company’s financial performance reflects its continued investment in large-scale infrastructure, with a strategic focus on expanding its clean energy footprint. While the standalone net profit for FY 2025-26 stood at ₹405.97 Crore, the consolidated net profit saw a rise to ₹521.35 Crore, supported by higher revenue streams. The company continues to see interest from institutional investors, with notable shareholders including Nippon Life India Trustee Ltd and the Life Insurance Corporation of India (LIC) holding significant stakes as of the latest disclosures. These investments underscore the market’s confidence in the company’s role as a key contributor to India’s transition toward a sustainable, low-carbon economy.