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 Ltd announced the full commercial operation of its 250 MW solar PV project in the Kadapa district of Andhra Pradesh, following the commissioning of the remaining 91.6 MW capacity. The project, developed by Ayana Kadapa Renewable Power Pvt Ltd, operates under a 25-year power purchase agreement with Solar Energy Corp. of India at a fixed tariff of INR 2.71/kWh. This commissioning increases NTPC Green Energy's total installed capacity to 9,292.68 MW.

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Counterparts (6)

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Deal Analysis

NTPC Green Energy has completed commissioning of its 250 MW Kadapa solar project in Andhra Pradesh, with the final 91.6 MW now commercially operational. Developed by Ayana Kadapa Renewable Power, an independent power producer focused on Indian renewables, the project benefits from a 25-year power purchase agreement with Solar Energy Corp. of India (SECI) at a fixed tariff of INR 2.71/kWh. This addition boosts NTPC Green Energy's total installed capacity to 9,292.68 MW, showcasing continued growth in the sector. SECI, a Navratna Central Public Sector Undertaking, acts as the off-taker, underpinning the project's long-term revenue stability.
  • Kadapa solar project adds 250 MW capacity in Andhra Pradesh.
  • Fixed 25-year PPA at INR 2.71/kWh with Solar Energy Corp. of India (SECI).
  • NTPC Green Energy's total installed capacity reaches 9,292.68 MW.
  • Developed by Ayana Kadapa Renewable Power, an IPP.

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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