Green Valley Renewable Energy Limited

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Ownership: Green Valley Renewable Energy Limited (GVREL) is a subsidiary company of NTPC Green Energy Limited (NGEL) holding a 51% stake, and Damodar Valley Corporation (DVC), holding 49%.

Incorporation: Incorporated on August 25, 2022, with registered address at: NTPC Bhawan, Core-7 Scope Complex 7 Institutional Area, Lodhi Road, Central Delhi, Delhi, Delhi, India, 110003.

Objectives:To develop renewable energy parks and projects, leveraging the water bodies and land available with DVC. Specifically, GVREL is working on a 755 MW Renewable Energy Projects at the Tilaiya and Panchet reservoirs in Jharkhand and West Bengal.

Key Management:

Project under Construction

Project Type (Solar / Floating Solar)

Project Name & Location

Capacity

Floating Solar

Floating Solar

Ground + Floating Solar

Tilaiya, Jharkhand

Panchet-I, West

Bengal Panchet-II, Jharkhand

155 MW

75 MW

80 MW

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