NTPC Green Energy Limited (NGEL), a subsidiary of NTPC focusing on renewable energy, reported a remarkable three-fold increase in consolidated net profit, reaching Rs 233.21 crore in the March 2025 quarter. This growth was attributed to a surge in income, which escalated to Rs 751.50 crore compared to Rs 553.06 crore in the preceding fiscal year. The company's expenses were recorded at Rs 444.63 crore. In FY25, NGEL successfully completed its Initial Public Offering (IPO) by issuing 92,63,29,669 equity shares, raising a total of Rs 10,000 crore. A significant portion of these shares, priced at Rs 108 per share, was allocated at a discounted rate to eligible employees. The funds raised through the IPO were utilized to support NGEL's renewable energy projects and initiatives. Additionally, NGEL secured leasehold land in Andhra Pradesh for a period of 33 years to establish a Green Hydrogen Hub, marking a step forward in its commitment to green energy development. As an integral part of NTPC's green business endeavors, NGEL is dedicated to driving the company's green energy journey to achieve the ambitious target of 60 GW by FY32. The successful listing of NGEL's equity shares on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) further solidifies its position in the stock market and underscores its commitment to sustainable growth and expansion.