NTPC Green Energy commences commercial operation of 165 MW solar project
By Global Infrastructure Sherpa · Feb 20, 2026
Khavda-II Solar PV project
Project
NTPC Green Energy Limited began commercial operations of 165 MW at Khavda-II Solar PV project in Gujarat. The second part capacity of 165 MW out of the 1,200 MW Khavda-II Solar PV project, developed by its wholly owned subsidiary NTPC Renewable Energy Limited, has been declared under commercial operation with effect from 00:00 hours on February 20.
Deal Analysis
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has commenced commercial operations of 165 MW of its Khavda-II Solar PV project in Gujarat, India. This marks the second phase of the 1,200 MW project being developed by NTPC Renewable Energy Limited, another wholly owned subsidiary of NTPC. The project's scale and the involvement of NTPC, a major power generation company in India, underscore the growing commitment to renewable energy development within the country. While the financial details of this specific phase are undisclosed, the overall 1,200 MW project represents a significant investment in solar infrastructure.
- 165 MW solar PV project commences commercial operation.
- Part of a larger 1,200 MW Khavda-II Solar PV project.
- Developed by NTPC Renewable Energy Limited, a subsidiary of NTPC.
- Located in Gujarat, India.
Market Context: India is experiencing rapid growth in its renewable energy sector, particularly in solar power. Government initiatives and increasing demand for clean energy are driving significant investments in solar projects across the country.
Source Intelligence
KEY DETAILS
Total capacity of the NTPC Green Energy Limited Group has increased to 8,992.68 MW. Quote: Following the commissioning of this capacity, the total commercial capacity of the NTPC Green Energy Limited Group has increased to 8,992.68 MW, up from 8,827.68 MW earlier.
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Capacity
NTPC Green Energy Limited began commercial operations of 165 MW at Khavda-II Solar PV project in Gujarat
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Location
at Khavda-II Solar PV project in Gujarat
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Announcement
the company declared in a regulatory filing on February, February 20.
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COD
has been declared under commercial operation with effect from 00:00 hours on February 20.
PARTIES MENTIONED IN SOURCE
N
NTPC Green Energy Limited
developer
"NTPC Green Energy Limited began commercial operations of 165 MW at Khavda-II Solar PV project in Gujarat"
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NTPC Renewable Energy Limited
developer
"developed by its wholly owned subsidiary NTPC Renewable Energy Limited"
high quality
Enriched Feb 22, 2026
Market Context
This deal is part of the Solar sector in India.
1 of 452 Solar deals tracked this month · Updated daily
Global Infrastructure Sherpa