NTPC Green Soars 3% After Gujarat MoU for 10GW Solar Parks

NTPC Renewables jumped 3% after signing an MoU with the Gujarat government to develop 10 GW of solar and wind parks. The agreement marks one of India’s largest state-level renewable collaborations, strengthening NTPC’s clean energy portfolio. The project aims to attract over ₹60,000 crore in investment and support India’s 500 GW green energy target by 2030. Analysts said the deal boosts visibility for NTPC’s renewables arm as it accelerates toward achieving net-zero and capacity diversification goals.