NGEL Partly Commissions 100 MW Solar in IRCON Renewable Project

NTPC renewable energy arm NTPC Green Energy Limited (NGEL) has recently partially commissioned its 100 MW (Lot-6) solar project, taking the cumulative capacity commissioned under this project to 400 MW out of the total 500 MW plant.

NTPC said in a regulatory filing, “IRCON Renewable Power Limited (IRPL), a 24% Joint Venture of Ayana Renewable Power Private Limited, a subsidiary of ONGC NTPC Green Private Limited, a 50% Joint Venture of NTPC Green Energy Limited, is declared on commercial operation.”

NTPC is steadily working its way to commission its 500 MW solar project. Earlier, in May 2025, NGEL commissioned 75 MW of renewable energy capacity under Lot-4 of the IRCON Renewable Power Ltd (IRPL) project, raising the project’s cumulative operational capacity to 225 MW out of a planned 500 MW, the company said in a regulatory filing. In line with its vision for a cleaner energy mix, the company aims to expand its renewable portfolio from 8 gigawatts at present to 60 gigawatts by 2032, reinforcing its leadership in green energy.

NTPC Future Capacity Addition

During an investor call, Jaikumar Srinivasan, Director (Finance), NTPC, explained its projected capacity for the forthcoming year. He said, “Moving to our present visibility in terms of growth trajectory, NTPC is poised for robust growth with 31 gigawatts (GW) capacity under construction and plans to add 7.2 gigawatts (GW) through new thermal orders to ensure a reliable base load supply. In line with its vision for a cleaner energy mix, the company aims to expand its renewable portfolio from 8 gigawatts at present to 60 gigawatts by 2032, reinforcing its leadership in green energy.”

When asked about the company’s plan to enter the storage space, Gurdeep Singh, NTPC Chief Managing Director (CMD), explained that the company isn’t looking at storage solutions yet, as there is scope for correction in this area. He said, “Going forward, most of the bids may include some storage. This discussion is ongoing. We are also in talks with some states that, for whatever plants we have put up and the power available during the day, we can provide the same power at an incremental cost and incremental rate in the evening peak hours. These things are bound to come. But we are also not that aggressive at this point of time, realizing that a lot of correction is happening in storage, both on the technological side as well as the cost side.”