NTPC Renewable Energy Wins Major Green Ammonia Supply Contract From Solar Energy Corporation Of India

NTPC Renewable Energy, a wholly owned subsidiary of NTPC Green Energy, has won a major green ammonia supply contract from the Solar Energy Corporation of India (SECI).

In a regulatory filing, NTPC Green said it emerged as the successful bidder for supplying 70,000 metric tonnes per annum (MT/Year) of green ammonia for Rs 51.80 per kg. The auction was held by SECI on August 4, 2025, through an e-reverse bidding process.

This award is part of SECI’s larger green ammonia procurement plan for a total of 7.24 lakh MT/Year, spread across 13 different locations across the country. NTPC REL’s allocation is meant for supply to Krishana Phoschem Limited, located in Meghnagar, Madhya Pradesh. The share price of NTPC Green is experiencing a significant decline. The stock has declined 6.24 per cent in the past six months.

In another recent development, IRCON Renewable Power, a joint venture of Ayana Renewable Power, a wholly owned subsidiary of ONGC NTPC Green, has successfully commissioned 75 MW (Lot-5) out of its planned 500 MW solar power project in Rajasthan. With this, the total operational capacity of the plant reached 300 MW.

According to the company’s filing, the newly commissioned 75 MW capacity has been declared under commercial operation from 00:00 hours on August 6, 2025. The plant is part of India’s growing renewable energy infrastructure, and the phased commissioning signals steady progress in large-scale solar development.