NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC Ltd, has expanded its wind power operations and entered a strategic partnership with Paradip Port Authority to develop green hydrogen infrastructure. These developments mark a significant milestone in NTPC’s clean energy journey as it diversifies beyond conventional generation into low-carbon solutions.
The company recently signed a Memorandum of Understanding (MoU) with Paradip Port Authority to advance green hydrogen-based mobility and derivative projects within the Paradip Port ecosystem. The collaboration aims to build a foundation for hydrogen production, storage, and transport — aligning with India’s National Green Hydrogen Mission, which targets five million metric tonnes of annual green hydrogen output by 2030. An official from NTPC Green Energy described the MoU as a “strategic move to integrate port-led hydrogen mobility and create a replicable model for other coastal regions.” The partnership underscores NTPC’s role in supporting India’s industrial decarbonisation while promoting cleaner logistics and maritime operations.
Simultaneously, NTPC Green Energy expanded its renewable capacity with the commissioning of 9.90 MW of wind energy from its 92.40 MW project at Bhuj, Gujarat. The new capacity addition reflects the company’s commitment to broadening its renewable energy mix, particularly across solar and wind verticals, to achieve its goal of 60 GW of green energy capacity by 2032. Financially, NTPC Green Energy delivered an impressive performance in the first quarter of the current financial year. The company reported a 59% rise in net profit to ₹220 crore and a 17.6% increase in revenue to ₹680 crore. Operational efficiency remained strong, with EBITDA rising 17.8% to ₹603 crore and maintaining a robust margin of 88.6%. Industry experts noted that the high profitability indicates a maturing renewable portfolio capable of delivering stable returns despite market volatility.
Officials highlighted that NTPC Ltd will hold a conference call with investors to discuss Q2 and half-yearly performance, emphasising its growing focus on clean and commercially viable energy assets. The dual momentum — combining financial growth with aggressive clean energy expansion — positions NTPC Green Energy as a leading driver of India’s sustainable infrastructure. The company’s integrated strategy in wind, solar, and hydrogen signals a broader shift in India’s public sector energy firms from traditional power generation to climate-resilient, future-ready energy ecosystems.
NTPC Green Energy Expands Wind Capacity And Partners Paradip Port For Hydrogen Projects
