NTPC Green Energy inks MoU with Assago Industries for green ammonia and urea plant utilities
News by Aliceblue News Desk
03 Feb 2026
Introduction
Leading renewable energy firm signs MoU with Assago Industries to supply green ammonia, CO2, and renewable energy for a 1,000 TPD green urea plant in Andhra Pradesh.
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Share price movement of NTPC Green Energy
On February 3, 2026, NTPC Green Energy Ltd opened at ₹88.47, up 3.73% from its previous close of ₹85.26. The stock reached a high of ₹88.55 (3.76%) and a low of ₹85.91 (0.77%). By 3:31 PM, it traded at ₹87.00, a 2.04% increase, with a market cap of ₹73,309.07 crore.
NTPC Green Energy Signs MoU with Assago Industries
NTPC Green Energy Limited, a subsidiary of NTPC Limited, signed a MoU with Assago Industries Private Limited on February 2, 2026, at NTPC Bhawan, New Delhi, for green urea production.
Under the agreement, Assago Industries will receive green ammonia, carbon dioxide, renewable energy power, and other utilities. The plant aims to produce 1,000 tonnes per day of green urea.
The urea plant is planned within the NGEL Green Hydrogen Hub at Pudimadaka, near Visakhapatnam, Andhra Pradesh. Senior officials from NGEL, NTPC, and Assago Industries attended the MoU signing ceremony.
Stock performance of NTPC Green Energy for Period of 1 week, 6 months, and 1 year
NTPC Green Energy Ltd declined 5.42% over the past week, fell 16.9% in six months, and dropped 23.4% over the past one year.
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Shareholding pattern of NTPC Green Energy
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 89.00% | 89.00% | 89.00% |
| FII | 1.60% | 1.80% | 1.90% |
| DII | 4.80% | 4.60% | 4.70% |
| Public | 4.60% | 4.60% | 4.50% |
About NTPC Green Energy
NTPC Green Energy Ltd (NSE: NTPCGREEN), incorporated in 2022, is a renewable energy company developing, constructing, and operating solar and wind projects with long-term PPAs in India.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is NTPC Green Energy Ltd share price rising today?
A: NTPC Green Energy Ltd signs MoU with Assago Industries to supply green ammonia, CO2, and renewable energy for a 1,000 TPD green urea plant.
Q: What is NTPC Green Energy Ltd’s main business focus?
A: NTPC Green Energy Ltd develops, constructs, and operates renewable energy projects, including solar and wind, supported by long-term Power Purchase Agreements.
Q: What are the 52-week high and low of NTPC Green Energy Ltd stock?
A: NTPC Green Energy Ltd stock’s 52-week high is ₹117.80 and the 52-week low is ₹84.08.
News Author
Aliceblue News Desk
