ONGC NTPC Green Completes 100% Acquisition of Ayana Renewable Power

ONGC NTPC Green Private Limited (ONGPL), a 50:50 Joint Venture Company of NTPC Green Energy Limited and ONGC Green Limited, has completed the acquisition of 100% equity stake in Ayana Renewable Power Private Limited on 27th March 2025.

Ayana, a leading renewable energy platform, has capacity of approx. 4112 MW (2123 MW of operational and 1989 MW under-construction assets), strategically located across resource-rich states. Its portfolio is backed by high-credit-rated off-takers such as SECI, NTPC, GUVNL, and Indian Railways.

With this acquisition, the total operating capacity of #NTPCGreen Energy Limited reaches 5.9 GW, including its subsidiaries & JVs, as on date.

Ayana's assets are strategically located in resource-rich states and backed by high-credit-rated offtakers like SECI, NTPC, and Indian Railways, enhancing ONGC NTPC Green's market presence. 

Ayana's portfolio of 4,112 MW, including operational and under-construction assets, significantly boosts ONGC NTPC Green's renewable energy capacity. 

The acquisition aligns with NTPC Green's goal of reaching 60 GW of renewable energy capacity by 2032.