Shares of NTPC Green Energy, a subsidiary of NTPC Limited, surged 2.2% after signing an MoU with Bharat Light and Power Private Limited to explore green hydrogen off-take and support India's carbon-neutral efforts. The agreement includes ventures into captured carbon sales and infrastructure setup for green hydrogen projects. In a recent development, NTPC Green acquired Ayana Renewable Power Private Limited, adding 4.1 GW to its renewable energy assets. Analysts commend NTPC Green's strategic moves and solid market position, making it the leading public sector renewable energy enterprise in India. The company's financial performance reflects growth, with a Q3FY25 net profit of ₹66 crore and revenue up by 13.2% YoY. NTPC Green is pivotal to India's goal of achieving net-zero emissions by 2070 and 500 GW of renewable capacity by 2030, aligning with the country's sustainable energy vision and contributing significantly to the green energy transition.