NTPC Green Energy is the renewable energy arm of state-run NTPC. It is a Maharatna status PSU. NTPC Green Energy IPO was subscribed 2.40 times.

The renewable-energy arm of state-controlled power company NTPC raised 100 billion rupees in the offering.

NTPC Green will not be able to get the support of NTPC for the incremental equity requirements, as was the case till now. As a corollary, NTPC’s cash generation will be restricted to lower-growth coal opportunities,

The market capitalisation of NTPC's green energy division reached Rs 1 lakh crore on the same day that its shares were listed

NTPC Green Energy IPO Allotment Status Today: NTPC Green Energy Ltd (NGEL) shares made a marginal higher debut on Wednesday, listing at a 3 per cent premium over the initial public offering (IPO) offer price of Rs 108 per share, on bourses.

Following a Rs 10,000-crore IPO that was subscribed 2.42 times, NTPC Green Energy made its stock market debut on Wednesday.

Delhi-based NTPC Green Energy is selling its shares in the price band of Rs 102-108 apiece. Investors can apply for a minimum of 138 shares and its multiples thereafter.

Backed by the Abu Dhabi Investment Authority (ADIA), the green energy arm of NTPC, one of the largest renewable energy public sector enterprises in India, saw its stock jump to Rs 122.65 per share on the NSE by 1pm local time, up 13.56% from a listing price of INR 111.50.

India's NTPC Green Energy , the renewable energy arm of power producer NTPC climbed 3.24% in pre-open debut trade on Wednesday as traders bet on the country's growing clean energy needs.

The latest surge follows NTPC Green Energy's announcement regarding the commercial operation of the first phase of its Shajapur Solar Project in Madhya Pradesh.

NTPC Green Energy stock debuts with 13.6% gain, market cap over ₹1 lakh crore, poised for growth in renewables.