NTPC Green announces Shajapur Solar Project Unit II fully operational

The shares of NTPC Green will be in focus on Monday, June 30, after the company announced the commissioning of the third and last part of the capacity, 120 MW out of the 220 MW for the Shajapur Solar Project (Unit-II).

Second Unit Completely Operational

The company shared this update in an exchange filing on Sunday, June 29. This marks the complete commercial operation of Unit II of the solar park in Madhya Pradesh.

This comes after the state-owned renewable energy company, which is also a wholly-owned subsidiary of NTPC Ltd

, announced the completion of the 105 MW Shajapur Solar Project (Unit-I) earlier this year in March. This takes the total capacity to 325 MW.
This new addition is a part of the development of 450 MW grid-connected ground-mounted solar photovoltaic projects in the Shajapur district of Madhya Pradesh.

This project, which is said to be executed in three units, has achieved completion for Unit I and Unit II. The third Unit will have the capacity of 125 MW.

NTPC Shares

When we look at the performance of the company shares at the NSE, the company stocks closed in red on Friday, June 27.

The stock price dipped by ₹0.76 or 0.71%. In addition, in the past month, the company shares have declined by ₹6.84 or 6.06%. The company stock’s 52-week high stands at ₹155.35. This has brought the current stock price to ₹105.99 per share.

Also Read: NTPC Green declares full commercial operation of 105 MW Shajapur solar project