NTPC Green Energy Limited (NGEL) is a subsidiary of NTPC Limited, dedicated to the development and promotion of renewable energy projects. NGEL focuses on harnessing clean energy sources such as solar, wind, and green hydrogen to contribute to India’s renewable energy capacity. The company plays a crucial role in NTPC’s vision of achieving a balanced energy portfolio and supporting the country’s transition to sustainable energy. As of December 18, 2024, the NTPC Green Energy share price on the NSE is ₹135. Below are the projected NTPC Green Energy share price target for the years 2025, 2030, 2035 and 2040.
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NTPC Green Energy Company Overview
Established to spearhead NTPC’s renewable energy initiatives, NGEL is headquartered in New Delhi, India. It is a key driver of NTPC’s ambitious target of achieving 60 GW of renewable energy capacity by 2032. NGEL is actively involved in large-scale solar and wind power projects, energy storage solutions, and green hydrogen production. The company aligns with India’s commitment to reducing carbon emissions and fostering energy self-reliance. Through innovative technologies and strategic collaborations, NGEL is making significant strides in advancing green energy solutions.
| Company type | Public |
| Traded as | BSE: 544289 NSE:NTPCGREEN |
| ISIN | INE0ONG01011 |
| Industry | Power Generation And Supply |
| Formed | 7th October 2020 |
| Headquarters | New Delhi, Delhi – 110003 |
| Area served | India |
| Key people | Mr. Rajiv Gupta, CEO Mr. Neeraj Sharma CFO Mr. Manish Kumar Company Sec. |
| Revenue | ₹2038 crore (2024) |
| Net Profit | ₹345 crore (2024) |
| Total assets | ₹27206 crore (2024) |
| Total equity | ₹6232 crore (2024) |
| Number of employees | 234 (2024) |
| Parent | NTPC Limited |
| Website | https://ngel.in/ |
NTPC Green Energy Share Price Target from 2025-2040 Forecast
| Year | Year High Target (₹) | Year Low Target (₹) | Year-End Target (₹) |
| 2024 | ₹164 | ₹108 | ₹140 |
| 2025 | ₹190 | ₹142 | ₹161 |
| 2026 | ₹225 | ₹165 | ₹187 |
| 2027 | ₹265 | ₹191 | ₹217 |
| 2028 | ₹305 | ₹222 | ₹252 |
| 2029 | ₹355 | ₹258 | ₹292 |
| 2030 | ₹400 | ₹299 | ₹339 |
| 2035 | ₹840 | ₹320 | ₹699 |
| 2040 | ₹1760 | ₹660 | ₹1349 |
Technical Analysis for NTPC Green Energy Limited
NTPC Green Energy Share Price Target 2025
| Year | 1st Target | 2nd Target |
| 2025 | ₹175 | ₹190 |
By 2025, NTPC Green Energy’s share price is projected to reach ₹175 at its first target and ₹190 at its second target. With India’s increasing focus on renewable energy and NTPC’s growing investments in green projects, the company is well-positioned to benefit from policy support and rising demand for sustainable energy solutions. These factors are expected to bolster investor confidence and drive steady growth.
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NTPC Green Energy Share Price Target 2026
| Year | 1st Target | 2nd Target |
| 2026 | ₹200 | ₹225 |
In 2026, the share price of NTPC Green Energy is anticipated to achieve ₹200 at its first target and ₹225 at its second target. The company’s continued expansion in renewable energy, along with advancements in technology and operational efficiency, will likely enhance its market position. This growth aligns with India’s ambitious renewable energy capacity targets, creating robust prospects for the stock.
NTPC Green Energy Share Price Target 2027
| Year | 1st Target | 2nd Target |
| 2027 | ₹235 | ₹265 |
By 2027, NTPC Green Energy’s stock price is expected to climb to ₹235 at the first target and ₹265 at the second target. The company’s ability to implement large-scale green energy projects and secure key partnerships will play a significant role in strengthening its profitability and overall market value, solidifying its place as a leader in the renewable energy sector.
NTPC Green Energy Share Price Target 2028
| Year | 1st Target | 2nd Target |
| 2028 | ₹275 | ₹305 |
In 2028, NTPC Green Energy’s share price is forecasted to touch ₹275 at its first target and ₹305 at its second target. As the company continues to focus on scaling up its renewable energy portfolio, it is likely to witness increased revenue and a higher market share. The growing demand for cleaner energy alternatives will further support this upward trend.
NTPC Green Energy Share Price Target 2029
| Year | 1st Target | 2nd Target |
| 2029 | ₹315 | ₹345 |
By 2029, the share price of NTPC Green Energy is projected to achieve ₹315 at the first target and ₹345 at the second target. The company’s strategic focus on innovation, coupled with favorable government policies, is expected to result in sustained growth. This progress will likely appeal to long-term investors seeking opportunities in the green energy domain.
Read More:- Tata Motors Share Price from 1990 to 2040
NTPC Green Energy Share Price Target 2030
| Year | 1st Target | 2nd Target |
| 2030 | ₹355 | ₹400 |
By 2030, NTPC Green Energy’s stock price is anticipated to reach ₹355 at the first target and ₹400 at the second target. The company’s robust execution of its renewable energy projects and a growing reputation in the industry are key drivers for this growth. Its commitment to achieving net-zero emissions will further boost investor trust and stock performance.
NTPC Green Energy Share Price Target 2035
| Year | 1st Target | 2nd Target |
| 2035 | ₹750 | ₹840 |
In 2035, NTPC Green Energy’s share price is expected to rise significantly, reaching ₹750 at its first target and ₹840 at its second target. The company’s established leadership in the renewable energy space and its continued expansion into diverse clean energy technologies are likely to make it a cornerstone of India’s sustainable energy future.
NTPC Green Energy Share Price Target 2040
| Year | 1st Target | 2nd Target |
| 2040 | ₹1570 | ₹1760 |
By 2040, NTPC Green Energy’s share price is forecasted to reach ₹1,570 at the first target and ₹1,760 at the second target. As global energy markets transition toward sustainability, NTPC Green Energy is positioned to capitalize on its early investments in renewables. This long-term growth reflects the company’s dominance in shaping India’s energy transformation and meeting global green energy standards.
NTPC Green Energy Fundamentals
| Parameter | Value |
| Market Cap | ₹1,02,892 Cr |
| P/E Ratio (TTM) | 297.8 |
| P/B Ratio | 5.71 |
| Industry P/E | 22.02 |
| Debt to Equity | 2.2 |
| ROE | 3.82% |
| EPS (TTM) | 0.41 |
| Dividend Yield | 0.00% |
| 52 Week High | ₹127 |
| 52 Week Low | ₹111 |
| Book Value | 21.39 |
| Face Value | 10 |
NTPC Green Energy Financial Results
| All in ₹Cr. | Mar 2023 | Mar 2024 |
| Sales | 170 | 1,963 |
| Expenses | 18 | 215 |
| Operating Profit | 152 | 1,748 |
| OPM % | 90% | 89% |
| Other Income | 1 | 77 |
| Interest | 51 | 694 |
| Depreciation | 50 | 643 |
| Profit before tax | 53 | 488 |
| Tax % | -226% | 29% |
| Net Profit | 171 | 345 |
| EPS in Rs | 0.36 | 0.6 |
| Dividend Payout % | 0% | 0% |
NTPC Green Energy Balance Sheet
| All In ₹Cr | Mar 2023 | Mar 2024 | Sep 2024 |
| Equity Capital | 4,720 | 5,720 | 7,500 |
| Reserves | 168 | 513 | 689 |
| Borrowings | 6,137 | 13,857 | 18,044 |
| Other Liabilities | 7,407 | 7,118 | 6,175 |
| Total Liabilities | 18,431 | 27,207 | 32,408 |
| Fixed Assets | 14,758 | 17,573 | 19,076 |
| CWIP | 1,749 | 7,138 | 9,031 |
| Investments | 0 | 0 | 17 |
| Other Assets | 1,924 | 2,495 | 4,285 |
| Total Assets | 18,431 | 27,207 | 32,408 |
NTPC Green Energy Shareholding Pattern
| Nov 2024 | |
| Promoters | 89.01% |
| FIIs | 2.24% |
| DIIs | 5.21% |
| Public | 3.54% |
| No. of Shareholders | 9,92,322 |
NTPC Green Energy Peers comparison
| Sector: Power Generation & Distribution | Industry: Power Generation And Supply | ||||
| Name | P/E | Mar Cap ₹Cr. | NP Qtr ₹Cr. | Sales Qtr ₹Cr. | ROCE % |
| NTPC | 15.98 | 353540.46 | 5380.25 | 44696.3 | 10.47 |
| Power Grid Corpn | 19.76 | 310547.14 | 3793.02 | 11277.76 | 13.21 |
| Adani Power | 17.17 | 218013.5 | 3297.52 | 13338.88 | 32.25 |
| Adani Green | 133.7 | 172374.42 | 515 | 3055 | 9.65 |
| Tata Power Co. | 35.04 | 132862.27 | 1093.08 | 15697.67 | 11.13 |
| JSW Energy | 59.92 | 116908.2 | 876.76 | 3237.66 | 8.59 |
| NTPC Green | 303.74 | 104703.32 | 175.3 | 1082.29 | 7.6 |
FAQs
Q.1. What is the share price target for NTPC Green Energy in 2025?
Ans: The share price targets for NTPC Green Energy in 2025 are ₹175 for the first target and ₹190 for the second target. These targets reflect expectations of gradual growth in the green energy sector, driven by increased focus on sustainability.
Q.2. What are the projected share price targets for NTPC Green Energy in 2026?
Ans: For 2026, the share price targets are ₹200 for the first target and ₹225 for the second target. This indicates the company’s anticipated progress in expanding its green energy initiatives.
Q.3. What is the anticipated share price target for NTPC Green Energy in 2027?
Ans: In 2027, NTPC Green Energy’s share price targets are ₹235 for the first target and ₹265 for the second target. These projections suggest continued growth as the company scales its renewable energy portfolio.
Q.4. What are the share price targets for NTPC Green Energy in 2028?
Ans: The share price targets for NTPC Green Energy in 2028 are ₹275 for the first target and ₹305 for the second target. This growth reflects the company’s strong position in the renewable energy market.
Q.5. What is the forecast for NTPC Green Energy’s share price in 2029?
Ans: By 2029, the share price targets are ₹315 for the first target and ₹345 for the second target. These figures are based on the company’s consistent investments in sustainable energy solutions.
Q.6. What are the share price targets for NTPC Green Energy in 2030?
Ans: In 2030, the share price targets for NTPC Green Energy are ₹355 for the first target and ₹400 for the second target. These targets indicate the company’s ability to leverage its expertise in renewable energy to drive long-term growth.
Q.7. What are the long-term share price targets for NTPC Green Energy in 2035?
Ans: The share price targets for NTPC Green Energy in 2035 are ₹750 for the first target and ₹840 for the second target. These long-term projections reflect expectations of significant expansion in the green energy sector.
Q.8. What is the share price target for NTPC Green Energy in 2040?
Ans: For 2040, the share price targets are ₹1570 for the first target and ₹1760 for the second target. These targets highlight the company’s potential to dominate the renewable energy market in the future.
Q.9. Is NTPC Green Energy a good long-term investment?
Ans: Yes, NTPC Green Energy is a promising long-term investment due to the global shift toward sustainable energy and the company’s commitment to expanding its renewable energy projects. Its strategic importance and government backing further add to its appeal.
Q.10. What is driving the growth of NTPC Green Energy’s share price?
Ans: The growth of NTPC Green Energy’s share price is driven by increasing investments in solar, wind, and other renewable energy sources. Government policies promoting green energy and the company’s efforts to reduce carbon emissions are also key factors.
Q.11. Does NTPC Green Energy have any risks for investors?
Ans: While the green energy sector has significant potential, it is subject to market, regulatory, and technological risks. Investors should monitor industry trends and the company’s ability to manage operational challenges effectively.
Q.12. Are these share price targets guaranteed?
Ans: No, these targets are projections based on current market trends, the company’s performance, and industry forecasts. Share prices may vary due to economic conditions, competition, and other external factors.
Q.13. Should I invest in NTPC Green Energy based on these targets?
Ans: While the targets indicate growth potential, investors should perform their own analysis or consult a financial advisor. Evaluate your risk tolerance and investment goals before making any decisions.
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