Deals Counterparts

NTPC REL commissions additional 165 MW at Khavda-II solar PV project

Development Solar announced null, India Feb 20, 2026
165 MW
Capacity
operating
Stage
Khavda-II solar PV project
Project

NTPC Renewable Energy Ltd, an arm of NTPC Green Energy Ltd, has commissioned an additional 165 MW at its 1,200 MW Khavda-II solar PV project in Gujarat.

Deal Analysis

NTPC Renewable Energy Ltd (NTPC REL), a subsidiary of NTPC Green Energy Ltd, has announced the commissioning of an additional 165 MW at its Khavda-II solar PV project in Gujarat, India. This development contributes to the larger 1,200 MW project, showcasing NTPC's commitment to expanding its renewable energy portfolio. While the financial details of this specific 165 MW commissioning remain undisclosed, the project's progression signifies a continued investment in solar infrastructure within India. The commissioning is notable due to the involvement of NTPC, a major player in the Indian power sector, and the scale of the overall Khavda-II project. This expansion reinforces NTPC's strategic shift towards green energy and its contribution to India's renewable energy targets. The project's location in Gujarat, a state with favorable solar resources and supportive policies, further enhances its strategic importance. The announcement date of 2026-02-20 suggests a forward-looking perspective on project completion and operationalization.
  • Commissioning of 165 MW solar PV capacity.
  • Part of a larger 1,200 MW Khavda-II solar PV project.
  • Involves NTPC Renewable Energy Ltd and NTPC Green Energy Ltd.
  • Located in Gujarat, India, a region with strong solar potential.
Market Context: India's solar sector is experiencing rapid growth, driven by government policies, declining technology costs, and increasing demand for clean energy. Large-scale solar projects like Khavda-II are crucial for achieving India's ambitious renewable energy targets and reducing its reliance on fossil fuels.

Source Intelligence

KEY DETAILS

NTPC Green Energy Ltd’s total installed capacity has increased to 8,992.68 MW. "With this addition, NTPC Green Energy Ltd’s total installed capacity has increased to 8,992.68 MW."

Capacity
NTPC Renewable Energy Ltd, an arm of NTPC Green Energy Ltd, has commissioned an additional 165 MW at its 1,200 MW Khavda-II solar PV project in Gujarat.
Location
NTPC Renewable Energy Ltd, an arm of NTPC Green Energy Ltd, has commissioned an additional 165 MW at its 1,200 MW Khavda-II solar PV project in Gujarat.
COD
The capacity entered commercial operation at 00:00 hours on Feb. 20, 2026.
PARTIES MENTIONED IN SOURCE
N
NTPC Renewable Energy Ltd developer

"NTPC Renewable Energy Ltd, an arm of NTPC Green Energy Ltd, has commissioned an additional 165 MW at its 1,200 MW Khavda-II solar PV project in Gujarat."

N
NTPC Green Energy Ltd developer

"NTPC Renewable Energy Ltd, an arm of NTPC Green Energy Ltd, has commissioned an additional 165 MW at its 1,200 MW Khavda-II solar PV project in Gujarat."

high quality Enriched Feb 21, 2026

Timeline

Announced
Feb 20, 2026
Signed
Closed

Market Context

This deal is part of the Solar sector in India.
473
Solar deals
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deals in India
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