NTPC Green Energy IPO

NTPC Green Energy is a wholly-owned subsidiary of NTPC Limited, a ‘Maharatna’ central public sector enterprise. It is the largest renewable energy public sector enterprise (excluding hydro) in terms of operating capacity as of June 30, 2024 and power generation in Fiscal 2024. The company along with the NTPC Group has strong in-house experience in renewable energy project execution and procurement. In solar projects, it usually takes responsibility for procurement of major equipment and supplies and the contractor builds, commissions and hands over the solar plant. The company also uses the turnkey EPC contract model based on specific project conditions. In wind projects, it generally uses the turnkey EPC model, entering into contracts with OEMs for manufacturing, installing, and commissioning wind turbines and the balance of plant.
Operation and maintenance (“O&M”) services for renewable energy projects are provided through third-party service providers. The company has a strong focus on improving the operational efficiency of its plants. NTPC Green Energy is also employing technologies including -

• Robotic dry cleaning of photovoltaic (“PV” )arrays;
• Drone photovoltaic thermography;
• String Combiner Box(“SCB”) thermography;
• Live dashboards for generation performance monitoring on its plant information server;
• Mechanized module washing, vegetation removal;
• CCTV Surveillance for plant security; and
• Module and string level I-V tracing.