NTPC Green Energy attracted attention on December 23, following the signing of a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar. The MoU aims to foster investments in Bihar for the development of renewable energy projects. These projects include ground-mounted and floating solar installations, battery energy storage systems, and initiatives in green hydrogen mobility. The Government of Bihar will extend support by facilitating the necessary permissions and approvals required for these projects. In recent developments, NTPC Green Energy successfully commenced commercial operations of a 30 MW solar photovoltaic (PV) project in Gujarat, out of a larger 150 MW project. Additionally, the company's subsidiary, NTPC Renewable Energy, secured 500 MW of solar power capacity at a competitive tariff in an auction conducted by the Solar Energy Corporation of India (SECI). This auction also involves the establishment of Energy Storage Systems (ESS) with a total capacity of 1000 MW/4000 MWh. NTPC REL, the subsidiary, is mandated to set up an Energy Storage System (ESS) of 250 MW/1000 MWh along with the contracted solar capacity. The stock price of NTPC Green Energy debuted at Rs 111.50 per share on the NSE, reflecting a premium of 3.24 percent over the IPO price. NTPC Green Energy, a 'Maharatna' central public sector enterprise, focuses on a renewable energy portfolio that includes solar and wind power assets. The company's proactive steps in expanding its renewable energy projects demonstrate a positive outlook for sustainable energy initiatives in India.