President of India-backed solar power company Wins SECI Green Ammonia Auction
DSIJ Intelligence-2 / 05 Aug 2025/ Categories: Mindshare, Trending
The stock is down by 28 per cent from its 52-week high of Rs 155.30 per share while it is up by 22 per cent from its 52-week low of Rs 84.60 per share
On Monday share price of NTPC Renewable Energy Limited jumped nearly 1 per cent to an intraday high of Rs 1,336 per share. As of 3:32 pm IST, the stock price was trading at Rs 105.90 per share, up by 0.54 per cent.
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On August 4, 2025, NTPC Renewable Energy Limited (NTPC REL), a wholly-owned subsidiary of NTPC Green Energy Limited (NGEL), was announced as the successful bidder in an e-reverse auction conducted by the Solar Energy Corporation of India (SECI). The auction was for the full capacity of 70,000 metric tonnes per annum (MT/Year) of Green Ammonia, which NTPC REL secured at a price of Rs. 51.80 per kg. This specific capacity is designated for supply to Krishana Phoschem Limited, a company located in Meghnagar, Madhya Pradesh. This e-reverse auction is part of a larger tender by SECI for a total of 7.24 lakh MT/Year of Green Ammonia, spread across 13 locations throughout India.
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About the Company
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited and a key player in India's renewable energy sector, is actively driving the nation's sustainable energy transition. Incorporated in 2022, NGEL focuses on developing, constructing, and operating solar and wind energy projects across the country. NTPC group's total installed and commercial capacity to 76,530.68 MW. Furthermore, NGEL has forged a strategic partnership with Chhattisgarh State Power Generation Company Limited to develop up to 2,000 MW of renewable energy projects, including innovative floating solar solutions, reinforcing their commitment to a greener future.
According to Quarterly Results, the net sales increased by 23 per cent to Rs 622 crore and net profit increased by 253 per cent to Rs 233 crore in Q4FY25 compared to Q3FY25. In its annual results, the net sales increased by 13 per cent to Rs 2,210 crore and net profit increased by 37 per cent to Rs 474 crore in FY25 compared to FY24.
The company has a market cap of over Rs 88,000 crore and debtor days have improved from 306 to 85.3 days. The shares of the company have a PE of 159x, an ROE of 4 per cent and an ROCE of 5 per cent. The stock is down by 28 per cent from its 52-week high of Rs 155.30 per share while it is up by 22 per cent from its 52-week low of Rs 84.60 per share.
Disclaimer: The article is for informational purposes only and not investment advice.