New Delhi, June 5 -- NTPC Green Energy share price in focus: Shares of NTPC Green Energy, a wholly owned subsidiary of NTPC Limited that recently debuted on Dalal Street, soared 3.8% in early trade on Thursday, June 04, to reach Rs.112.

The rally followed an exchange filing by the company on Wednesday, in which it announced that NTPC Renewable Energy, a wholly owned subsidiary of Green Energy, had signed a Power Purchase Agreement (PPA) for a 1,000 MW capacity at a discovered tariff of Rs.2.56 per kWh.

NTPC Renewable Energy had won the 1,000 MW project in the Uttar Pradesh Power Corporation Ltd. (UPPCL) solar PV power project through an e-reverse auction held on January 4. The tender was part of the "Selection of Solar Power Developers ...