NTPC Green Energy Limited (NGEL), founded in April 2022 as a wholly owned subsidiary of NTPC Limited, is a significant player in India’s renewable energy landscape. Leveraging the strength and credibility of NTPC Limited—a ‘Maharatna’ public sector enterprise under the Ministry of Power, Government of India—NGEL has swiftly grown to become one of India’s largest renewable energy companies by operational capacity, excluding hydro.