ONGPL Acquires 100% Stake in Ayana Renewable Power, Boosting NTPC Green Energy’s Capacity to 5.9 GW

ONGC NTPC Green Private Limited (ONGPL), a 50:50 joint venture between NTPC Green Energy Limited and ONGC Green Limited, has successfully acquired 100% equity in Ayana Renewable Power Private Limited as of March 27, 2025.

Ayana is a prominent renewable energy platform with a total capacity of approximately 4,112 MW, including 2,123 MW of operational assets and 1,989 MW under construction. The portfolio is strategically spread across resource-rich states and supported by high-credit-rated off-takers such as SECI, NTPC, GUVNL, and Indian Railways.

This acquisition boosts NTPC Green Energy Limited’s total operating capacity to 5.9 GW, which includes its subsidiaries and joint ventures, further solidifying its position in the renewable energy sector.