Shares of NTPC Ltd and its subsidiary NTPC Green Energy Ltd were trading 1% and 2% higher on 11 March after the company announced an investment plan of Rs 96,000 crore in clean energy projects in Chhattisgarh. 

In its regulatory filing, the company said that it has signed multiple agreements with the Chhattisgarh government to develop renewable and hydro projects in the state. 

The filing added, “NTPC Group to invest Rs 96,000 crore in Chhattisgarh. NTPC, along with its subsidiary NTPC Green Energy Ltd (NGEL), today signed multiple agreements worth Rs 96,000 crore with the state government at the Chhattisgarh Energy Investors Summit-2025 held in Raipur.”

The company has entered into three significant agreements, including a Memorandum of Understanding (MoU) with the state government to establish a 4,200 MW nuclear power facility in Chhattisgarh, requiring an estimated investment of Rs 80,000 crore.

Additionally, NTPC has signed an MoU with Chhattisgarh State Power Generation Company Ltd (CSPGCL) for a Rs 5,876 crore investment to develop a 1,200 MW pumped hydro storage project at Sikaser in Gariyaband district.

Furthermore, a Joint Venture Agreement (JVA) was finalized between NTPC Green Energy Ltd and CSPGCL to develop renewable energy projects of up to 2 GW in Chhattisgarh, with an estimated investment of Rs 10,000 crore.

At 2:52 pm, the shares of NTPC were trading 0.01% higher at Rs 329.45, and NTPC Green Energy was trading 0.55% higher at Rs 95.64 on the NSE.

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