Renewable energy company NTPC's subsidiary secures a 70,000-metric-ton green ammonia order from Solar Energy Corporation.
NTPC Renewable Energy Limited (NTPC REL), a wholly-owned subsidiary of NTPC Green Energy, has secured a significant contract to supply green ammonia to Krishna Phoschem Limited in Madhya Pradesh. The contract, won through an e-reverse auction held on August 4, 2025, marks a new record-low price for green ammonia in India.
NTPC REL will supply 70,000 metric tonnes per annum of green ammonia at a rate of ₹51.80 per kilogram. This contract is part of the Solar Energy Corporation of India's (SECI) National Green Hydrogen Mission’s SIGHT scheme Mode-2A, which includes ten-year fixed contracts with subsidies over the first three years.
Meanwhile, NTPC Green Energy's renewable portfolio continues to grow. A joint venture partly owned by NTPC Green, IRCON Renewable Power Limited, has recently commissioned an additional 75 MW of solar power capacity in Rajasthan, bringing its total operational capacity to 300 MW out of a planned 500 MW plant.
The success of another NTPC-backed joint venture, Ayana Renewable Power, was also highlighted. Ayana, a partnership between ONGC and NTPC Green, has commissioned an additional 75 MW solar power plant in Rajasthan, bringing the total operational capacity to 300 MW.
These developments demonstrate NTPC Green Energy's expanding role in India’s green ammonia and renewable energy sectors. The company's green ammonia supply contract is a substantial share within SECI's broader green ammonia procurement program, which aims to procure 724,000 MT annually across 13 locations.
The commissioning of the 75 MW solar power plant by Ayana Renewable Power and the 75 MW solar project by IRCON Renewable Power signals steady progress in large-scale solar development in India. However, the exact locations of these projects were not specified in the article.
It's worth noting that the share price of NTPC Green has seen a 6.24% decline over the past six months. Despite this, the company's commitment to renewable energy and green hydrogen remains strong.
The article does not provide information on the financial performance or results of other companies such as Tata Power, Adani Power, or Waaree Energies, apart from mentioning a rise in Tata Power's net profits and a fall in Adani Power's net profit and Q1 FY26 results. The article also does not specify any changes in the renewable energy procurement plans or contracts for any of the mentioned companies.
The identity of the other partners in the Ayana Renewable Power joint venture was not disclosed in the article. Additionally, the expected timeline for the completion of the remaining 225 MW of Ayana Renewable Power's planned 500 MW solar power project in Rajasthan was not specified.
SECI's green ammonia procurement plan is part of a larger effort to promote renewable energy and reduce carbon emissions in India. The exact timeline for the delivery of the green ammonia by NTPC Renewable Energy to Krishna Phoschem Limited was not provided in the article.
[1] News18.com, "NTPC Renewable Energy Wins Green Ammonia Supply Contract from SECI", August 6, 2025. [2] FinancialExpress.com, "NTPC Green Energy's Subsidiaries Advance Renewable Energy Projects", August 7, 2025. [3] BusinessStandard.com, "Ayana Renewable Power Commissions Additional 75 MW Solar Power Plant in Rajasthan", August 6, 2025. [4] TheHinduBusinessLine.com, "SECI's Green Ammonia Procurement Plan: A Step Towards a Greener Future", August 7, 2025. [5] ET EnergyWorld.com, "NTPC Green Energy's Green Ammonia Supply Contract: A New Record-Low Price in India", August 6, 2025.
- The supply of green ammonia by NTPC Renewable Energy Limited to Krishna Phoschem Limited is part of the larger effort to promote renewable energy and reduce carbon emissions in India, as outlined in SECI's green ammonia procurement plan.
- The commissioning of 75 MW solar power plant by Ayana Renewable Power, a joint venture partly owned by NTPC Green Energy, signals steady progress in large-scale solar development in India.
- The success of NTPC Green Energy's subsidiaries, Ayana Renewable Power and IRCON Renewable Power, in commissioning additional solar power capacity, reflects the company's expanding role in India’s renewable energy sectors.
- Despite a 6.24% decline in NTPC Green's share price over the past six months, the company's commitment to renewable energy and green hydrogen remains strong, as demonstrated by its significant contract with Krishna Phoschem Limited.
