NTPC Green Energy Limited, through its subsidiary NTPC Renewable Energy Limited, emerged as the successful bidder for the development of 2000 MW solar PV power projects. The company secured 500 MW of solar power capacity at a tariff of Rs. 3.52 per kWh and is also responsible for establishing Energy Storage Systems (ESS) with a total capacity of 1000 MW/4000 MWh. The company's stock performance saw an increase of 5.28% on the NSE following this contract win.