21-Oct-2026 08:02:44

NTPCGREENGeneral news

NOMURA ON NTPC GREEN ENERGY ; INITIATE NEUTRAL | TP ₹100

• Company targets 60 GW renewable energy capacity by FY32, supported by MoUs with state entities and PSUs. • Plans to add ~34 GWh of Battery Energy Storage Systems (BESS) by FY32. • Nomura expects 72% EBITDA growth over FY26–FY29, driven by strong capacity additions and contracted storage projects.

NTPC GREEN ENERGY LIMITED

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