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NTPCGREEN NTPC Green Energy News Story

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UtilitiesAdventurousLarge CapMomentum Trap

India's NTPC Green rises as JV with IRCON nears full capacity

** NTPC Green NTPG.NS rises 3.7% to 107.43 rupees; set for steepest one-day pct gain in 2 months

** Co commissions additional 100 MW in Icron JV , bringing total operational capacity to 400 MW; total planned capacity is 500 MW

** IRCON Renewable, a JV between Ayana Renewable and Ircon with a 76:24 holding, will partly commence operations from September 17

** ONGC NTPC Green Private, a 50:50 JV between ONGC ONGC.NS and NTPC Green, acquired Ayana Renewable Power earlier this year

** NTPG falls 16% YTD

 (Reporting by Urvi Dugar)

 ((UrviManoj.Dugar@thomsonreuters.com))

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