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NTPC REL Signs PPA With PTC India For 1,200 MW Solar Power

NTPC Renewable Energy Ltd (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Ltd (NGEL), has signed a Power Purchase Agreement (PPA) with PTC India Ltd for the sale of 1,200 MW of solar power under a bilateral arrangement.

The agreement marks a collaboration between the two companies to promote clean energy deployment and strengthen India's renewable energy ecosystem. The PPA exchange ceremony was attended by Manoj Kumar Jhawar, Managing Director and Chief Executive Officer of PTC India, J.S. Chandok, Chief Executive Officer of ONGPL, along with senior officials from NTPC REL, NGEL and PTC India.

The development comes as the NTPC Group continues to expand its clean energy portfolio. Last month, the company said it added 5,488 MW of renewable energy capacity during FY26 across solar, wind and pumped storage projects.

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