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NTPC Green Energy IPO: Management Shares Roadmap On Capacity Addition, Move To Green Hydrogen Derivatives
- NTPC Green Energy, is planning to add 60 GW of renewable capacity by 2032, backed by Rs 10,000 crore from its IPO.
- This expansion will be supported by green hydrogen derivatives and storage technologies.
- NTPC Green Energy Chairman and Managing Director Gurdeep Singh shared a roadmap of the company's capacity addition plan.
- As of now, NTPC Green Energy has only 3.3 GW of commissioned capacity with a huge capacity of 11 GW under construction.
- This fiscal year, it will add 3 GW, next year 5 GW, followed by 8 GW in fiscal 2027 to ramp up its capacity.
- Though it is focused on solar and wind energy, it will also turn its attention to green hydrogen derivatives in the future.
- Green hydrogen derivatives that will fuel the company's growth plans will play a leading role in meeting the country's future energy requirements.
- The IPO proceeds to feed to company's capacity addition, will help NTPC Green Energy to expand its renewable energy capacity.
- The earnings before interest, depreciation, and amortisation margin are seen in the range of 86% to 90% for green business.
- NTPC Green Energy is set to launch its IPO next week with a market value of around Rs.91,000 Crore.
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