The project was awarded under SECI’s tender for the selection of wind power developers to set up 2,000 MW of ISTS-connected wind power projects in India under tariff-based competitive bidding (SECI Tranche-XX).
Ayana secured the 50 MW capacity at a tariff of ₹3.85 per kWh in the e-reverse auction conducted by SECI. The auction concluded on July 15, 2026.
ONGC NTPC Green Pvt Ltd is a 50:50 joint venture between NTPC Green Energy Ltd and ONGC Green Ltd, and Ayana is its wholly owned subsidiary.
Earlier on July 7, NTPC Green had informed that it has decided to issue unsecured non-convertible debentures (NCDs) worth ₹2,500 crore on July 9, 2026, through a private placement, according to a regulatory filing.
The debentures will carry a coupon of 7.27% per annum and have a tenor of 10 years, maturing on July 9, 2036.
The company said this is the first issue of debentures under the approval granted by its board of directors on May 22, 2026.
The proceeds of the issue will be utilised, among other things, for financing capital expenditure, including refinancing and recoupment of capital expenditure already incurred by the company, extending such financing for capital expenditure to its subsidiaries and joint ventures through inter-corporate loans, and for other general corporate purposes.
NTPC Green Energy shares ended at ₹93.00 on the NSE on July 15, down 1.22% or ₹1.15 from the previous close. The stock settled at ₹93.00 at the close of trade.
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