NTPC Green Energy Ltd.

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 StrengthPromted 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.

NTPC Green Energy Ltd. proposes to utilise the net proceeds from the Issue for the following objects: