Tezzbuzz Desk – A big news has come out for the investors of NTPC Green Energy. The company's wholly owned subsidiary NTPC Renewable Energy has won a large contract of 500 MW capacity from Solar Energy Corporation of India i.e. SECI. After this deal, investors will keep an eye on the shares of NTPC Green Energy when the stock market opens on Monday, August 24. However, it is not possible to say that any contract will have a direct and definite impact on the share price.
In the information given to the stock exchange, the company said that it has won the contract of 500 MW capacity in the 6000 MWh Assured Peak Power tender process of SECI. This process was completed through e-reverse auction on August 21. This tender was issued for renewable energy projects related to Inter-State Transmission System i.e. ISTS. Under this contract, the company will supply electricity to SECI at the rate of Rs 6 per unit. The objective of this tender is to ensure availability of electricity during peak demand. Under the entire project, arrangements are to be made for continuous supply of 1500 MW power for four hours, out of which 500 MW capacity has been given to NTPC Green Energy's subsidiary. This is being considered an important achievement in terms of the company's expansion in the renewable energy sector.
Now if we talk about the company's shares, on Friday, August 21, the shares of NTPC Green Energy closed at Rs 91.33 on BSE with a decline of 0.57 percent. The company had entered the stock market in November 2024. The issue price of shares in its IPO was Rs 108. After listing, the share made a record high of Rs 155.30 on December 4, 2024. However, after this the stock witnessed a lot of fluctuations and on February 2, 2026, it reached a record low of Rs 84.08.
The company's recent financial results have also been strong. NTPC Green Energy's net profit for the quarter ending June 2026 increased by 38.3 per cent year-on-year to Rs 304.84 crore. During the same period, the company's operational revenue increased by 62.7 percent to Rs 1,106.86 crore. EBITDA also registered an increase of 63.8 percent and stood at Rs 988.7 crore. The company's EBITDA margin increased from 88.7 percent to 89.3 percent. This new contract of 500 MW is expected to strengthen the company's renewable energy portfolio. Also, strong quarterly results and new projects can be considered a positive sign for the company's future growth. However, the performance of any stock in the stock market does not depend on just one contract. Market direction, company's upcoming results, valuation and sector related risks can also affect the stock's movement.