1.Company Information
Incorporated in April 2022, NTPC Green Energy Limited is a wholly-owned subsidiary of NTPC Limited. NTPC Green is a renewable energy company that focuses on undertaking projects through organic and inorganic routes.
As of August 31, 2024, the company had an operational capacity of 3,071 MW from solar projects and 100 MW from wind projects across six states.
As of June 30, 2024, the company's Portfolio consisted of 14,696 MW, including 2,925 MW of operating projects and 11,771 MW of contracted and awarded projects.
As of June 30, 2024, the company had 15 off-takers across 37 solar projects and 9 wind projects.
As of June 30, 2024, the company is constructing 31 renewable energy projects in 7 states, totaling 11,771 MW.
Competitive Strength
Promted by NTPC Limited, with its extensive experience in large-scale project execution, maintains strong relationships with offtakers and suppliers and showcases significant financial strength.
As of June 2024, the company has a Portfolio of 14,696 MWs solar and wind projects.
Experienced team in renewable energy project execution.
As of June 30, 2024, the workforce comprised 234 employees, and the company utilised the services of 45 contract labourers.
2. Objects of the Issue (NTPC Green Energy Limited IPO Objectives)
The company proposes to utilise the Net Proceeds towards funding the following objects
1. Investment in the wholly owned Subsidiary, NTPC Renewable Energy Limited (NREL), for repayment/ prepayment, in full or in part of certain outstanding borrowings availed by NREL
2. General corporate purposes.
3. NTPC Green Energy Limited IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ntpcgreen.ipo@kfintech.com
Website: https://kosmic.kfintech.com