Deals Counterparts

NTPC Green Energy's 250 MW Kadapa solar project in Andhra Pradesh fully operational

Development Solar announced India Mar 9, 2026
250 MW
Capacity
operating
Stage
Kadapa solar project
Project

NTPC Green Energy fully commissioned its 250 MW Kadapa solar project in Andhra Pradesh, bringing its total installed capacity to 9,292.68 MW.

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Counterparts (6)

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Deal Analysis

The full operational status of the 250 MW Kadapa solar project in Andhra Pradesh directly elevates NTPC Green Energy Ltd's operational renewable capacity to 9,292.68 MW. This development provides a new, stable generation asset for the NTPC subsidiary, enhancing its revenue base from clean energy sources. For Solar Energy Corp. of India (SECI), the off-taker, the 250 MW from Kadapa ensures a consistent supply of renewable electricity, aligning with its mandate to foster India's green energy growth. The project's successful commissioning in Andhra Pradesh underscores the ongoing expansion of utility-scale solar infrastructure across India. NTPC Green Energy Ltd, a wholly-owned subsidiary of India's largest power utility, now operates over 3.4 GW of renewable assets, with this 250 MW Kadapa project directly expanding that operational base. The subsidiary is actively developing an additional 20 GW of solar, wind, and hydro capacity, demonstrating its aggressive growth trajectory in India's green energy transition. Ayana Kadapa Renewable Power Pvt Ltd, a Bengaluru-based developer, aims to develop 10 GW of capacity, with approximately 4 GW already operational, showcasing its significant presence in the Indian utility-scale solar and wind sectors. This project contributes to the broader renewable energy ambitions of the ONGC NTPC Green joint venture, which represents collaborative efforts between India's Oil and Natural Gas Corporation (ONGC) and NTPC Limited. Furthermore, ONGC Green Ltd, a subsidiary established in 2023, focuses on developing and operating green energy projects, indicating a concerted push by major Indian state-owned enterprises into the renewable energy space. Solar Energy Corp. of India (SECI), as a Navratna CPSU, continues to play a central role, operating 58 GW of RE capacity and facilitating such projects.
  • NTPC Green Energy's total installed capacity now stands at 9,292.68 MW following the Kadapa commissioning.
  • The 250 MW Kadapa solar project is located in Andhra Pradesh, India.
  • NTPC Green Energy Ltd is developing an additional 20 GW of solar, wind, and hydro capacity.
  • Ayana Renewable Power aims to develop 10 GW of capacity, with approximately 4 GW already operational.
  • Solar Energy Corp. of India (SECI) operates 58 GW of RE capacity as the off-taker.
  • ONGC Green Ltd, a subsidiary of ONGC, was incorporated in 2023 to focus on green energy projects.

Source Intelligence

KEY DETAILS

The first tranche of 158.4 MW from the project had already commenced commercial operations in February this year. Following the commissioning of the remaining 91.6 MW capacity of the Kadapa project, NTPC Green Energy’s total installed capacity has increased to 9,292.68 MW.

Capacity
250 MW solar PV project
Location
Kadapa district of Andhra Pradesh
PPA Details
The solar project operates under a 25-year power purchase agreement with Solar Energy Corp. of India at a fixed tariff of INR 2.71/kWh.
Announcement
March 9, 2026
COD
The 250 MW solar project in Kadapa district of Andhra Pradesh is now fully operational following the commercial operation of the remaining 91.6 MW capacity.
PARTIES MENTIONED IN SOURCE
N
NTPC Green Energy Ltd developer

"NTPC Green Energy Ltd has announced the commercial operation of the remaining 91.6 MW capacity of its 250 MW solar PV project"

A
Ayana Kadapa Renewable Power Pvt Ltd developer

"The project was developed by Ayana Kadapa Renewable Power Pvt Ltd"

A
Ayana Renewable Power parent company

"a subsidiary of Ayana Renewable Power"

O
ONGC NTPC Green owner

"wholly owned by ONGC NTPC Green—a joint venture between NTPC Green Energy Ltd and ONGC Green Ltd."

O
ONGC Green Ltd joint venture partner

"joint venture between NTPC Green Energy Ltd and ONGC Green Ltd."

S
Solar Energy Corp. of India offtaker

"power purchase agreement with Solar Energy Corp. of India"

medium quality Enriched Mar 9, 2026

Timeline

Announced
Mar 9, 2026
Signed
Closed

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