NTPC Green Energy's JV wins 50 MW wind project in SECI tender
Ayana Renewable Power, a wholly‑owned subsidiary of the 50:50 joint venture ONGC NTPC Green Private Ltd, secured a 50 MW wind project awarded by SECI.
What NTPC Green Energy announced
On 15 July 2026, NTPC Green Energy Limited filed a press release with the NSE stating that Ayana Renewable Power Private Limited – a wholly‑owned subsidiary of ONGC NTPC Green Private Limited, the 50:50 joint venture between NTPC Green Energy and ONGC Green Limited – has been awarded a 50 MW wind project under the latest Solar Energy Corporation of India (SECI) wind tender.
"Ayana Renewable Power Private Limited (Ayana) a wholly owned subsidiary of ONGC NTPC Green Private Limited (50:50 JV between NTPC Green Energy Limited and ONGC Green Limited) wins 50 MW Wind Project in SECI Wind Tender."
The announcement was made through a signed PDF filed on the NSE portal and no further operational details were provided.
Details of the SECI wind tender award
The SECI wind tender is part of the Indian government’s programme to increase renewable‑energy capacity. While the filing confirms the capacity of 50 MW, it does not disclose the location of the project, the expected commercial operation date, or the financial considerations such as project cost or tariff.
The award is attributed to Ayana Renewable Power, which is fully owned by the joint venture ONGC NTPC Green Private Ltd. This entity is equally held by NTPC Green Energy Limited and ONGC Green Limited, each holding a 50 % stake.
About the joint venture and subsidiary
- Joint venture name: ONGC NTPC Green Private Limited
- Ownership: 50 % NTPC Green Energy Ltd, 50 % ONGC Green Ltd
- Subsidiary: Ayana Renewable Power Private Ltd (100 % owned by the JV)
- Purpose: To develop, own and operate renewable‑energy assets, primarily wind and solar, on behalf of the JV partners.
The win of the 50 MW wind project expands the operational pipeline of the JV, complementing its existing portfolio of renewable projects across India.
Key facts at a glance
| Detail | Value |
|---|---|
| Company | NTPC Green Energy Limited |
| Joint venture partner | ONGC Green Limited (50 % stake) |
| Subsidiary winning project | Ayana Renewable Power Private Ltd |
| Project capacity | 50 MW wind |
| Tender authority | Solar Energy Corporation of India (SECI) |
| Filing date | 15 July 2026 |
| Source | NSE press‑release filing (IGSINGH) |
Why this matters for investors
The award does not immediately affect NTPC Green Energy’s balance sheet because no financial terms were disclosed. However, it signals progress in the JV’s strategy to grow its renewable‑energy asset base, which could translate into future cash flows once the project is commissioned. Investors should note that the win does not imply any change in shareholding or capital structure for NTPC Green Energy.
Conclusion
NTPC Green Energy’s 50:50 joint venture with ONGC Green Limited, through its subsidiary Ayana Renewable Power, has secured a 50 MW wind project in the latest SECI tender. While the filing provides limited financial detail, the award adds to the JV’s renewable‑energy pipeline and aligns with India’s broader clean‑energy targets. Further information on project timelines and commercial terms is expected to be disclosed by the JV in due course.
Frequently asked questions
Source filing: view original