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NTPC Ltd

Thu 29/05/2025,15:59:50 NSE: NTPC

₹ 339.35 -0.70 (-0.21%)
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Home Stock NTPC Ltd

Fri 30/05/2025,9:9:0

NTPC Ltd

Thu 29/05/2025,15:59:50 | NSE : NTPC

₹ 339.35-0.70 (-0.21%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 341.00

Previous Close

₹ 340.05

Volume

15884093

Mkt Cap ( Rs. Cr)

₹329056.37

High

₹ 342.25

Low

₹ 338.05

52 Week High

₹ 448.30

52 Week Low

₹ 292.70

Book Value Per Share

₹ 173.54

Dividend Yield

2.46

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on NTPC Ltd

Your Vote -

Buy

75.09%

Hold

14.76%

Sell

10.15%

75.09%

16461 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

44%

Sell Order Quantity

56%

Bid Price

Qty

339.20

392

339.00

1734

339.00

1558

339.00

1029

339.00

8362

Bid Total

650440

Bid Price

Qty

339.35

1808

339.00

521

339.00

2796

340.00

24933

340.00

2664

Bid Total

817513

Option Chain

Analyzes market sentiment, predicts NTPC Ltd' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers ntpc ltd stock attention, sentiment.

  • NTPC - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    29 May 2025, 4:56PM Transcript of Conference Call held with Analysts and Investors on 24 May 2025

  • NTPC - General Updates

    25 May 2025, 8:48AM NTPC Limited has informed the Exchange about General Updates

  • NTPC - Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015- Update

    25 May 2025, 8:55AM Correction in disclosure dated 16th May 2025 w.r.t. Shri Pankaj Gupta, Additional Director (Independent Director)

  • NTPC - Analysts/Institutional Investor Meet/Con. Call Updates

    24 May 2025, 7:49PM NTPC Limited has informed the Exchange about Link of Recording

  • NTPC - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    24 May 2025, 7:44PM Link for Audio Recording of conference call held with Analysts & Investors on 24 May 2025

  • NTPC - Analysts/Institutional Investor Meet/Con. Call Updates

    24 May 2025, 7:43PM NTPC Limited has informed the Exchange about

  • NTPC - Outcome of Board Meeting-XBRL

    24 May 2025, 6:27PM NTPC Limited has informed the Exchange regarding Outcome of Board Meeting held on 24-May-2025 for Dividend

  • NTPC - Compliances-Reg. 54 - Asset Cover details

    24 May 2025, 5:13PM Disclosure attached

  • NTPC Q4 net profit up 3.99% at Rs 5778.14 cr

    24 May 2025, 5:12PM The company reported standalone net profit of Rs 5,778.14 crore for the quarter ended March 31, 2025 as compared to Rs 5556.43 crore in the same perio

  • NTPC - Compliances-Reg. 52 - Financial Result

    24 May 2025, 5:12PM Disclosure attached

  • NTPC - Compliances-Reg. 52 (7) - Statement of Material Deviations in proceeds of issue of NCD / NCRP

    24 May 2025, 5:10PM Disclosure attached

  • NTPC - Integrated Filing (Financial)

    24 May 2025, 5:06PM Submission of Audited Financial results for the Quarter and Year ended 31 March 2025.

  • NTPC - Board Meeting Outcome for Recommendation Of Final Dividend For The Financial Year 2024-25.

    24 May 2025, 5:02PM Outcome of Board Meeting\r\nSubmission of Audited Financial Results for the quarter and year ended 31 March 2025.\r\nRecommendation of Final Dividend

  • NTPC - Dividend

    24 May 2025, 4:59PM NTPC Limited has informed the Exchange that Board of Directors at its meeting held on May 24, 2025, recommended Final Dividend of Rs. 3.35 per equity

  • NTPC - Operational & Financial Snapshot Of The Company For Quarter And Year Ended 31 March 2025.

    24 May 2025, 4:58PM Disclosure attached

  • NTPC - Submission Of Audited Financial Results For The Quarter And Year Ended 31 March 2025.

    24 May 2025, 4:56PM Submission of Audited Financial Results for the Quarter and year ended 31 March 2025.

  • NTPC - General Updates

    24 May 2025, 4:49PM NTPC Limited has informed the Exchange about General Updates

  • NTPC - Outcome of Board Meeting

    24 May 2025, 4:43PM NTPC Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.

  • NTPC - Analysts/Institutional Investor Meet/Con. Call Updates

    20 May 2025, 4:26PM NTPC Limited has informed the Exchange about Schedule of meet

  • NTPC - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    20 May 2025, 4:27PM In terms of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to in

  • NTPC - Disclosure under SEBI Takeover Regulations

    19 May 2025, 11:12PM NTPC Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqu

  • NTPC - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    19 May 2025, 6:21PM NTPC LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • NTPC - Change in Director(s)

    19 May 2025, 6:18PM NTPC Limited has informed the Exchange regarding Change in Director(s) of the company.

  • NTPC - Announcement under Regulation 30 (LODR)-Change in Directorate

    19 May 2025, 6:15PM Intimation regarding appointment of Independent Directors on the Board of NTPC Limited. Kindly refer attached letter for further details.

  • NTPC - Trading Window-XBRL

    19 May 2025, 4:56PM NTPC LIMITED has informed the Exchange about Closure of Trading Window

  • NTPC - Board Meeting Intimation

    19 May 2025, 4:42PM NTPC LIMITED has informed the Exchange about Board Meeting to be held on 24-May-2025 to consider and approve the Yearly Audited Financial results of t

  • NTPC - Trading Window

    19 May 2025, 4:32PM NTPC Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

  • NTPC - Board Meeting Intimation for Considering Annual Standalone And Consolidated Financial Statements For The Year Ended 31

    19 May 2025, 3:57PM NTPC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/05/2025 ,inter alia, to consider and approve Ann

  • NTPC - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    16 May 2025, 11:40PM NTPC LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • NTPC - Change in Director(s)

    16 May 2025, 10:59PM NTPC Limited has informed the Exchange regarding Change in Director(s) of the company.

  • NTPC - Announcement under Regulation 30 (LODR)-Change in Directorate

    16 May 2025, 10:47PM Intimation regarding appointment of Independent Directors on the Board of NTPC Limited. Kindly refer attached letter for further details.

  • NTPC - Updates

    16 May 2025, 10:16AM NTPC Limited has informed the Exchange regarding 'Intimation regarding appointment of Non-official Independent Director on the Board of NTPC Limited'.

  • NTPC - Intimation Regarding Appointment Of Non-Official Independent Director On The Board Of NTPC Limited

    16 May 2025, 10:08AM Intimation regarding appointment of Non-official Independent Director on the Board of NTPC Limited. Please refer attached letter for further details.

  • NTPC - Updates

    15 May 2025, 3:17PM NTPC Limited has informed the Exchange regarding 'Intimation regarding appointment of Non-official Independent Directors on the Board of NTPC Limited'

  • NTPC - Intimation Regarding Appointment Of Non-Official Independent Directors On The Board Of NTPC Limited.

    15 May 2025, 3:04PM Intimation regarding appointment of Non Official Independent Directors on Board of NTPC. Kindly refer attached letter for further details.

  • NTPC - General Updates

    7 May 2025, 5:26PM NTPC Limited has informed the Exchange about ""NTPC has decided to issue unsecured non-convertible debentures of Rs.4,000 crore on 09.05.2025, through

  • NTPC - NTPC Has Decided To Issue Unsecured Non-Convertible Debentures Of Rs.4,000 Crore On 09.05.2025, Through Private Placem

    7 May 2025, 5:25PM Disclosure attached.

  • NTPC - Disclosure under Regulation 30A of LODR

    2 May 2025, 5:50PM Disclosure attached

  • NTPC - General Updates

    2 May 2025, 5:43PM NTPC Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,

  • NTPC - General Updates

    1 May 2025, 1:47PM NTPC Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,

  • NTPC has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    18 Apr 2025, 8:10PM As of March 2025, 51.10% is owned by Indian Promoters and 48.90% by Public. <p align=justify> Institutional holds 45.01% (Insurance Companies 7.07%) a

  • NTPC - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    18 Apr 2025, 11:36AM NTPC LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • NTPC - Change in Director(s)

    17 Apr 2025, 6:43PM NTPC Limited has informed the Exchange regarding Change in Director(s) of the company.

  • NTPC - Announcement under Regulation 30 (LODR)-Change in Directorate

    17 Apr 2025, 6:40PM Appointment of Shri Anil Kumar Trigunayat as Additional Director (Independent Director) on the Board of NTPC Limited. Kindly refer attached letter for

  • NTPC Green Energy commissions 90 MW unit of Dayapar Wind Project in Gujarat

    8 Apr 2025, 7:23PM NTPC Green Energy Ltd (NGEL) has announced the commissioning of a 90 MW unit under Phase-I of the Dayapar Wind Energy Project in Gujarat, according to

  • NTPC - Declaration Of COD Of Second Part Capacity Of 90 MW Out Of 150 MW Dayapar Wind Energy Project Phase-I Of NTPC Renewabl

    8 Apr 2025, 6:47PM Disclosure attached.

  • NTPC - General Updates

    8 Apr 2025, 6:45PM NTPC Limited has informed the Exchange about Declaration of COD of second part capacity of 90 MW out of 150 MW Dayapar Wind Energy Project Phase-I of

  • NTPC - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    8 Apr 2025, 4:32PM NTPC Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  • NTPC - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    8 Apr 2025, 4:31PM Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Kindly refer attached letter for further details.

  • NTPC - Disclosure Under Chapter XIV - Centralized Database For Corporate Bonds/Debentures Of SEBI Operational Circular On SEB

    3 Apr 2025, 12:45PM Disclosure attached

  • NTPC - General Updates

    2 Apr 2025, 6:28PM NTPC Limited has informed the Exchange about General Updates-Cautionary Notices

  • NTPC - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015-Cautionary Notices

    2 Apr 2025, 6:25PM Kindly refer attached letter for further details.

  • NTPC - Compliances-Half Yearly Report (SEBI Circular No. CIR/IMD/DF-1/67/2017)

    2 Apr 2025, 3:08PM ISIN wise outstanding privately placed Debt Securities of NTPC Limited as at 31.03.2025

  • NTPC - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    1 Apr 2025, 11:07AM NTPC LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • NTPC - Change in Management

    1 Apr 2025, 10:52AM NTPC Limited has informed the Exchange about change in Management

  • NTPC - Announcement under Regulation 30 (LODR)-Change in Management

    1 Apr 2025, 10:56AM Superannuation of Senior Management. Kindly refer attached letter for further details.

  • NTPC - General Updates

    28 Mar 2025, 10:43AM NTPC Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,

  • NTPC - Trading Window-XBRL

    27 Mar 2025, 11:38AM NTPC Limited has informed the Exchange about Closure of Trading Window

  • NTPC - Trading Window

    27 Mar 2025, 11:36AM NTPC Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

  • NTPC - General Updates

    26 Mar 2025, 10:49AM NTPC Limited has informed the Exchange about Declaration of COD of 245 MW capacity of NTPC's Nokh Solar PV Project (3x245 MW)

  • NTPC - Declaration Of COD Of 245 MW Capacity Of NTPC's Nokh Solar PV Project (3X245 MW)

    26 Mar 2025, 10:53AM Disclosure attached.

  • NTPC declares commercial operation of final 100 MW capacity at Bhainsara Solar PV Project

    26 Mar 2025, 9:36AM NTPC Limited has announced the commercial operation of the third and final phase of its 320 MW Bhainsara Solar PV Project in Jaisalmer, Rajasthan. The

  • NTPC - Declaration Of COD Of The Third & Last Part Capacity Of 100 MW Out Of 320 MW Bhainsara Solar PV Project Of NTPC Renewa

    25 Mar 2025, 7:06PM Copy of Disclosure attached.

  • NTPC - General Updates

    25 Mar 2025, 7:01PM NTPC Limited has informed the Exchange about declaration of COD of the third & last part capacity of 100 MW out of 320 MW Bhainsara Solar PVProject of

  • NTPC - Delisting Of NTPC Ltd. Bonus Debentures (ISIN INE733E07JP6).

    25 Mar 2025, 6:15PM Delisting of NTPC Ltd. Bonus Debentures (ISIN INE733E07JP6).

  • NTPC - Declaration Of COD Of 245 MW Capacity Of NTPC's Nokh Solar PV Project (3X245 MW)

    26 Mar 2025, 10:53AM Disclosure attached.

  • NTPC - Declaration Of COD Of 245 MW Capacity Of NTPC's Nokh Solar PV Project (3X245 MW)

    26 Mar 2025, 10:53AM Disclosure attached.

  • NTPC - Declaration Of COD Of 245 MW Capacity Of NTPC's Nokh Solar PV Project (3X245 MW)

    26 Mar 2025, 10:53AM Disclosure attached.

  • NTPC - General Updates

    24 Mar 2025, 3:29PM NTPC Limited has informed the Exchange about Declaration of Commercial Operation of Kerandari Coal Mining Project (KDCMP)

  • NTPC - Declaration Of COD Of 245 MW Capacity Of NTPC's Nokh Solar PV Project (3X245 MW)

    26 Mar 2025, 10:53AM Disclosure attached.

  • NTPC - Declaration Of COD Of 245 MW Capacity Of NTPC's Nokh Solar PV Project (3X245 MW)

    26 Mar 2025, 10:53AM Disclosure attached.

  • NTPC - Declaration Of COD Of 245 MW Capacity Of NTPC's Nokh Solar PV Project (3X245 MW)

    26 Mar 2025, 10:53AM Disclosure attached.

  • NTPC - Declaration Of Commercial Operation Of Kerandari Coal Mining Project (KDCMP)

    24 Mar 2025, 3:28PM Declaration of Commercial Operation of Kerandari Coal Mining Project (KDCMP)

  • NTPC - General Updates

    18 Mar 2025, 4:39PM NTPC Limited has informed the Exchange about General Updates

  • NTPC - General Updates

    18 Mar 2025, 4:12PM NTPC Limited has informed the Exchange about Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 regarding notices received from Stock Exc

  • NTPC - NTPC Has Decided To Issue Unsecured Non-Convertible Debentures Of Rs.4,000 Crore On 20.03.2025, Through Private Placem

    18 Mar 2025, 4:40PM Disclosure attached

  • NTPC - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 Regarding Notices Received From Stock Exchanges

    18 Mar 2025, 4:14PM Disclosure under regulation 30 of SEBI (LODR) Regulation, 2015 regarding notices received from Stock Exchanges. Kindly refer attached letter for furth

  • NTPC - Declaration Of COD Of Second & Last Part Capacity Of 50 MW Out Of 105 MW Shajapur Solar Project (Unit-I) Of NTPC Renew

    12 Mar 2025, 6:58PM Copy of Disclosure attached.

  • NTPC - General Updates

    12 Mar 2025, 6:52PM NTPC Limited has informed the Exchange about Declaration of COD of second & last part capacity of 50 MW out of 105 MW Shajapur Solar Project (Unit-I)

  • NTPC Group to Invest Rs 96,000 crore in Chhattisgarh

    11 Mar 2025, 10:18AM In a significant push towards sustainable energy and India's Net Zero goals, NTPC Limited and its subsidiary NTPC Green Energy Ltd (NGEL) signed multi

  • NTPC - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    10 Mar 2025, 9:37PM NTPC Group to Invest Rs.96,000 Crore in Chhattisgarh

  • NTPC - Press Release

    10 Mar 2025, 9:31PM NTPC Limited has informed the Exchange regarding a press release dated March 10, 2025, titled ""NTPC Group to Invest Rs 96,000 Crore in Chhattisgarh""

  • NTPC - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    10 Mar 2025, 2:48PM NTPC LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • NTPC - Change in Management

    10 Mar 2025, 2:44PM NTPC Limited has informed the Exchange about Senior Management Official designated as Key Managerial Personnel

  • NTPC - Announcement under Regulation 30 (LODR)-Change in Management

    10 Mar 2025, 2:41PM Senior Management Official designated as Key Managerial Personnel

  • NTPC - Suspension of Trading

    6 Mar 2025, 7:32PM Members of the Exchange are hereby informed that the trading in Non-Convertible Debentures of NTPC Limited shall be suspended w.e.f. March 10, 2025 (I

  • NTPC - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    4 Mar 2025, 3:55PM NTPC LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • NTPC - Change in Management

    4 Mar 2025, 11:40AM NTPC Limited has informed the Exchange about designation of Senior Management official as Key Managerial Personnel.

  • NTPC - Change in Management

    4 Mar 2025, 8:39AM NTPC Limited has informed the Exchange about appointment of Officials as Executive Directors (Senior Management)

  • NTPC - Regulation 60(2) Record Date Interest Payment / Redemption / Dividend

    4 Mar 2025, 3:39PM The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of

  • NTPC - Announcement under Regulation 30 (LODR)-Change in Management

    4 Mar 2025, 11:35AM Designation of Senior Management Personnel as Key Managerial Personal. Kindly refer attached letter for further details.

  • NTPC - Announcement under Regulation 30 (LODR)-Change in Management

    4 Mar 2025, 8:35AM Appointment of Officials as Executive Directors (Senior Management). Kindly refer attached letter for further details.

  • NTPC - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    2 Mar 2025, 5:04PM NTPC LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • NTPC - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    1 Mar 2025, 11:14PM NTPC LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

  • NTPC - Change in Management

    1 Mar 2025, 11:12PM NTPC Limited has informed the Exchange about Senior Management Officials designated as Key Managerial Personnel.

  • NTPC - Change in Auditors

    1 Mar 2025, 11:05PM NTPC Limited has informed the Exchange regarding Change in Auditors of the company.

  • NTPC - Announcement under Regulation 30 (LODR)-Change in Management

    1 Mar 2025, 10:56PM Senior Management Officials are designated as Key Managerial Personnel. Kindly refer attached letter for further details.

  • NTPC - Appointment Of Secretarial Auditor For The Financial Year 2024-25

    1 Mar 2025, 10:47PM Appointment of Secretarial Auditor for the Financial Year 2024-25. Kindly refer the attached letter for further details.

  • NTPC - General Updates

    1 Mar 2025, 12:49PM NTPC Limited has informed the Exchange about Declaration of COD of fourth and last part capacity of 18.32 MW out of 300 MW Shambu ki Burj -2 Solar PV

  • NTPC - Declaration Of COD Of Fourth And Last Part Capacity Of 18.32 MW Out Of 300 MW Shambu Ki Burj -2 Solar PV Project Of NT

    1 Mar 2025, 12:37PM Pl refer attachment.

  • NTPC

    19 Mar 2025 , 10:31AM NTPC: The company plans to raise Rs 4,000 crore by issuing non-convertible debentures through private placement, with a tenure of 15 years

  • NTPC

    11 Mar 2025 , 8:52AM The group, along with subsidiary NTPC Green, signed memorandum of understanding worth Rs 96,000 crore with the Chhattisgarh government. Positive

  • Stock update: NTPC update

    10 Mar 2025 , 10:52AM Stock update: NTPC update – Thermal and renewable capacity additions to drive growth

  • NTPC

    24 Feb 2025 , 11:47AM NTPC: Company tied up with France's EDF for pumped storage, hydro, other renewable projects and explore opportunities in distribution.

  • NTPC

    18 Feb 2025 , 9:56AM Company is looking to build 30 GW of nuclear capacity for $62 billion in the next two decades. According to sources, this is three times more than earlier expected. Positive

  • Stock update: NTPC Q3FY2025 result update

    28 Jan 2025 , 11:16AM Stock update: NTPC Q3FY2025 result update – Performance ahead of estimates; positive outlook going forward

  • NTPC arm NTPC Green Energy commences operation of second part capacity

    20 Jan 2025 , 11:44AM NTPC arm NTPC Green Energy commences operation of second part capacity of 25 MW out of 200 MW Gujarat Solar PV Project in Sadla, Gujarat

  • NTPC

    10 Jan 2025 , 10:42AM Company has signed Supplementary Joint Venture Agreement-2 with NPCIL. This would involve the transfer of Mahi Banswara Rajasthan Atomic Power Project (MBRAPP) 4x700 MW from NPCIL to the joint venture company. Positive

  • NTPC

    10 Jan 2025 , 10:41AM Company has signed Supplementary Joint Venture Agreement-2 with NPCIL. This would involve the transfer of Mahi Banswara Rajasthan Atomic Power Project (MBRAPP) 4x700 MW from NPCIL to the joint venture company. Positive

  • NTPC

    8 Jan 2025 , 9:36AM The company has incorporated NTPC Parmanu Urja Nigam as its arm, a nuclear energy subsidiary.

  • NTPC

    2 Jan 2025 , 10:39AM The company’s third quarter power generation saw a growth of 3.82% as compared to the corresponding period in the previous financial year. The company generated 326 billion units of electricity in the October-December period. Positive

  • NTPC

    27 Nov 2024 , 11:57AM The company's arm incorporated Mahagenco NTPC Green Energy as a 50:50 joint venture with the Maharashtra government for development of renewable energy projects.

  • NTPC

    25 Nov 2024 , 12:04PM The renewable energy arm of the company NTPC Green has signed a JV with Andhra Pradesh's NREDCAP to invest Rs. 2 lakh crore in renewable energy projects. 25GW of solar, wind & hybrid, 10GW of pumped storage and 0.5 mn tonnes of green hydrogen projects to be developed. Positive

  • NTPC

    21 Nov 2024 , 11:18AM Company’s R&D centre, NETRA is setting up a 1 tonne per day (TPD) seawater to green hydrogen plant near Visakhapatnam, Andhra Pradesh. Positive

  • ONGC, NTPC

    19 Nov 2024 , 12:01PM The company “ONGC NTPC GREEN” has been incorporated as a 50:50 joint venture of ONGC Green, a wholly owned subsidiary of the company, and NGEL, a wholly owned subsidiary of NTPC Ltd. ONGPL will be engaged in the business of exploring and setting up renewable energy projects and assets both through greenfield development and acquisitions. ONGPL will also assess the feasibility and establishment of offshore wind projects, among other related activities.

  • NTPC

    29 Oct 2024 , 11:16AM The company's subsidiary NTPC Green gets SEBI approval for an IPO.

  • NTPC

    1 Oct 2024 , 10:14AM NTPC: Company signed MOU with Rajasthan Govt for development of 25GW of renewable energy projects. Positive

  • NTPC enters into JVA with MAHAPREIT for Development of 10 GW RE Projects

    26 Sep 2024 , 3:25PM NGEL inks JV Agreement with MAHAPREIT for Development of 10 GW RE Projects

  • NTPC

    20 Sep 2024 , 9:43AM Approves the investment of Rs 20,922 crore for expansion of Sipat (Chattisgarh) and Daripali (Odisha) super critical Thermal power projects. Positive

  • NTPC

    19 Sep 2024 , 11:01AM NTPC Green Energy Ltd (NGEL) a subsidiary of NTPC has filed an DRHP for Rs 10,000 crore IPO. The share sale offering will be the second biggest by any PSU after Rs 21000 crore offering of LIC. The company plans utilise the IPO proceeds to fund ongoing and future projects of NTPC green in Solar energy, Green Hydrogen and Green ammonia projects and plans to add 60GW of renewable energy capacity by 2032. We expect a significant value unlocking through listing of NGEL. Positive

  • NTPC

    17 Sep 2024 , 1:28PM NTPC Green Energy (NGEL) the renewable arm/ subsidiary of NTPC will be filing for an IPO soon with a projected size of Rs 10,000 crore. The share sale offering will be the second biggest by any PSU after Rs 21000 crore offering of LIC. The company plans utilise the IPO proceeds to fund ongoing and future projects of NTPC green in Solar energy, Green Hydrogen and Green ammonia projects and plans to add 60GW of renewable energy capacity by 2032. We expect a significant value unlocking through listing of NGEL. (Positive)

  • NTPC

    30 Aug 2024 , 11:12AM The company’s unit commenced commercial operations for 160 MW capacity out of the 320 MW Jaisalmer solar project. Positive.

  • NtPC

    22 Aug 2024 , 10:01AM Zelestra, a Spanish company had inked s pact with NTPC to supply 450MW of solar power for Rs. 2.6 per unit. Positive

  • Stock update: NTPC Q1FY2025 (Consolidated) result update

    31 Jul 2024 , 11:55AM Stock update: NTPC Q1FY2025 (Consolidated) result update – Good Q1; thermal/RE capex bodes well for growth

  • NTPC

    30 Jul 2024 , 11:56AM NTPC Analyst key takeaways

  • NTPC

    30 Jul 2024 , 11:56AM NTPC Analyst key takeaways

  • NTPC

    26 Jun 2024 , 10:24AM Company is planning to raise Rs. 12,000 crore through Non Convertible Debentures (NCDs).

  • Stock update: NTPC Q4FY2024 (Consolidated) result update

    6 Jun 2024 , 11:08AM Stock update: NTPC Q4FY2024 (Consolidated) result update – Decent Q4; thermal/RE capex bodes well for growth

  • NTPC

    4 Jun 2024 , 10:14AM The company is planning a major nuclear foray by setting up 10GW capacity with an investment of Rs 1.5 trillion over a period of 10 years. Positive

  • NTPC

    1 Apr 2024 , 1:20PM The company has discontinued operation of NTPC Barauni thermal power station Stage-I (2x110 MW), with effect from March 31.

  • Stock Update: NTPC

    7 Mar 2024 , 11:04AM Stock Update: NTPC - Well-placed to benefit from thermal/RE expansion

  • NTPC

    4 Mar 2024 , 10:34AM The company’s board of directors has given investment approval for the Singrauli super thermal power project, Stage III (2x800 MW) at a current estimated cost of the project is Rs 17,195 crore. Addition of thermal power project bode well for improvement in regulated equity base on which NTPC earns regulated RoE. Positive read through for NTPC.

  • NTPC

    1 Mar 2024 , 10:45AM The company begins commercial power supply from 800 MW Telangana unit. Positive read through for NTPC

  • NTPC

    29 Feb 2024 , 1:00PM The company's unit signed a joint venture agreement with Maharashtra State Power Generation Company for the development of renewable energy parks in the state of Maharashtra. Positive for the stock

  • NTPC

    1 Feb 2024 , 10:00AM As per media reports, NTPC has received DIPAM nod to list its subsidiary NTPC Green Energy to raise Rs 10,000 crore (which would for minority stake sale). NTPC plans to utilise the funds towards energy transition and setting up green energy projects, including solar and green hydrogen. We highlight here that NTPC has target to set-up 15GW/60GW of RE capacity by FY26E/FY32E. The likely listing of NTPC Green Energy could unlock value for NTPC and thus positive for the stock.

  • NTPC

    31 Jan 2024 , 11:48AM NTPC Green Energy signs MoU with Maharashtra government for investing up to Rs 80,000 crore in 5 years. Positive for the stock

  • Stock Update: NTPC

    31 Jan 2024 , 11:19AM Stock Update: NTPC Limited – Decent Q3; thermal/RE capex bode well for growth

  • NTPC

    28 Dec 2023 , 9:51AM As per media reports, NTPC plans to list green energy vertical (NTPC Green Energy) in next 1-2 years. The listing in next 1-2 years seems a right move as by FY26 NTPC plans to take its renewable energy (RE) capacity to 20 GW by FY26 and potential listing of NTPC Green Energy could unlock value. The company also plans to increase its capex by 30-40% and if majority of capex is towards in thermal power capacities, then in that case it would also result in strong growth in regulated equity base and aid earnings growth for NTPC. Potential listing of green energy vertical and higher capex is positive for NTPC.

  • NTPC

    26 Dec 2023 , 11:09AM As per media reports, NTPC Renewable Energy Limited (subsidiary of NTPC) has secured the bid for 900 MW capacity in the solar tender of 1250 MW floated by PFC Consulting Limited (PFCCL). Positive for NTPC.

  • Stock update – NTPC

    30 Nov 2023 , 11:07AM Stock update – NTPC: Strong growth visibility; RE key re-rating catalyst

  • NTPC

    6 Nov 2023 , 1:51PM The company has announced the commissioning of the first part capacity of 50 MW out of 150 MW of Dayapar Wind Energy Project Phase-I in Bhuj, Gujarat. With this, the group installed and commercial capacity of NTPC has become 73,874 MW. Positive for NTPC.

  • Stock update – NTPC Q2FY24 result review

    31 Oct 2023 , 12:08PM Stock update – NTPC Q2FY24 result review: Decent Q2; focus on thermal/RE expansion key growth catalyst

  • NTPC

    15 Sep 2023 , 11:09AM The company has signed a supplementary joint venture agreement (JVA) with Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL), to amend the existing JV (signed by NTPC & UPRVUNL in 2008 for the formation of the Meja Urja Nigam, MUNPL). The supplementary JVA has been signed to develop the Meja Stage-II (2X660 MW), Obra 'D' Thermal Power (2X800 MW) & Anpara 'E' Thermal Power Plant (2X800 MW) projects, subject to techno commercial viability and necessary clearance and power purchase agreement (PPA) in place. A Likely addition of thermal power capacities by NTPC would be positive from earnings growth visibility.

  • NTPC

    13 Sep 2023 , 10:38AM The company has completed the trial operation of unit-1 of 800 MW capacity of stage-I (2 x 800 MW) of Telangana super thermal power project. With this, installed capacity of NTPC and NTPC group stands at 57,838 MW and 73,824 MW, respectively. We highlight here that addition of thermal power capacities is positive for NTPC as it would drive growth in regulated equity base (which earns regulated RoE) and provide earnings growth visibility. We have Buy rating of NTPC.

  • Power Grid and NTPC

    7 Sep 2023 , 10:38AM The Union Cabinet has approved a scheme for providing viability gap funding (VGF) for developing battery storage of 4 gigawatt (Gw) by 2030-31. The VGF for the battery energy storage system (BESS) will have an initial outlay of Rs 9,400 crore and this will include a budgetary grant of Rs 3,700 crore. Positive for power companies like Power Grid and NTPC as VGF would make the project viable.

  • NTPC

    31 Aug 2023 , 10:21AM The company’s board of directors has approved investment of Rs15,530 crore for the 1.6 GW (800 MW *2) Lara super thermal power project in Chhattisgarh. Positive read through for NTPC as it would drive growth in regulated equity base and provide earnings growth visibility. We have Buy rating of NTPC.

  • Stock update – NTPC

    28 Aug 2023 , 10:49AM Stock update – NTPC: Best play on growth in thermal power & RE; re-rating on cards

  • NTPC

    9 Aug 2023 , 10:02AM The company’s subsidiary NTPC Renewable Energy Ltd has emerged as the successful bidder for 80 MW Floating Solar capacity at Omkareshwar Reservoir, Khandwa, Madhya Pradesh. The project win is inline with the company’s strategy to reach 16 GW/60 GW of RE capacity by FY26/FY32. Positive read through for the stock.

  • NTPC

    26 Jun 2023 , 11:04AM Company’s Board of Directors on Saturday approved the issuance of secured, redeemable, non-convertible debentures up to Rs. 12,000 crores in one or more tranches not exceeding twelve months through private placement in the domestic market.

  • NTPC

    22 Jun 2023 , 10:28AM The company’s board of directors will meet on June 24, 2023 to consider raising funds up to Rs12,000 crore through non-convertible debentures (NCDs) subject to shareholders approval

  • NTPC

    5 Jun 2023 , 10:12AM NTPC Green Energy Limited (a wholly owned subsidiary of NTPC) has formed a new company Indianoil NTPC Green Energy Private Limited (50:50 JV with IOCL) to develop renewable energy projects (Solar PV, Wind, any other RE, Energy Storage or any combination of same). The JV would supply >650 MW to cater to the power requirements of IOCL. Also, NTPC Green Energy has declared commercial operation of 50 MW of solarproject, which is last part of 300 MW Nokhra solar PV project of NTPC Green Energy at Bikaner, Rajasthan. Positive read through for NTPC.

  • NTPC

    2 Jun 2023 , 11:17AM As per media reports, NTPC Green Energy (wholly owned subsidiary of NTPC) has signed a deal with Uttar Pradesh Rajya Vidyut Utpadan Nigam to develop renewable energy parks and projects in the state. Positive read through for NTPC.

  • Tata Power, NTPC

    18 Apr 2023 , 10:36AM Tata Power Delhi Distribution (Tata Power DDL) has inked a pact with NTPC Vidyut Vyapar Nigam to get a 200MW hydropower supply for meeting its projected peak demand for the next five years during the summer months, from May to September. Tata Power DDL supplies electricity to over seven million populace in North Delhi. Positive read through for both stocks

  • NTPC

    17 Apr 2023 , 10:44AM As per media reports, the company plans to raise funds through an initial public offering (IPO) for NTPC Green Energy Ltd (NGEL) in the current fiscal year. Although there has been delay (as Petronas is believed to have withdrawn its offers for 20% stake in NGEL) from initial timeline of March 2023 in IPO for NTPC’s green energy subsidiary, but it would be long term positive for the company as apart from potential value unlocking it would help to achieve NTPC’s ambitious aim of 60 GW of RE energy portfolio by 2032. We have Buy rating on NTPC.

  • NTPC

    17 Apr 2023 , 10:42AM As per media reports, the company plans to raise funds through an initial public offering (IPO) for NTPC Green Energy Ltd (NGEL) in the current fiscal year. Although there has been delay (as Petronas is believed to have withdrawn its offers for 20% stake in NGEL) from initial timeline of March 2023 in IPO for NTPC’s green energy subsidiary, but it would be long term positive for the company as apart from potential value unlocking it would help to achieve NTPC’s ambitious aim of 60 GW of RE energy portfolio by 2032. We have Buy rating on NTPC.

  • NTPC

    6 Apr 2023 , 11:05AM NTPC Limited: As per media reports, government may provide incentive of 10% (or ~Rs30/kg) of the cost of production for green hydrogen under a $2 billion scheme. Subsidy for production of green hydrogen would be positive for companies like NTPC which are looking to build-up green hydrogen capacities.

  • NTPC

    29 Mar 2023 , 11:43AM As per media reports, NTPC Renewable Energy signs term sheet with Greenko ZeroC to supply round-the-clock RE power of 1,300 MW capacity for its Green Ammonia plant in Kakinada. Positive read through for the stock.

  • NTPC

    28 Mar 2023 , 2:20PM As per media reports, Sri Lankan government grants approval to establish a 135 MV Solar power project in Sampur, Trincomalee in two stages under a joint venture company between the CEB and the NTPC, India. These projects would help to build overseas portfolio and is long term positive for the stock.

  • NTPC REL signs an MoU with INDIAN ARMY

    22 Mar 2023 , 12:09PM NTPC arm inks MoU with Indian Army to implement green hydrogen projects

  • Indian Oil & NTPC

    21 Mar 2023 , 10:26AM Indian Oil and NTPC Green Energy Limited (100% subsidiary of NTPC Limited) will form Joint Venture for setting up of Renewable Energy Power plants to meet round the clock power requirement of new projects of Indian Oil Refineries. Both the companies will hold equal stake in the JV. Positive read through

  • NTPC

    17 Mar 2023 , 11:10AM As per media reports, Malaysia's Petronas has offered 38 billion rupees to buy a 20% stake in NTPC Green Energy (NGEL), in the first deal of its kind by a state-run firm. The offer price was higher than 30 billion NTPC had been expecting when it asked for expressions of interest in NGEL last year. It now values NGEL at $2.3 billion. This is a developing story, the occurrence of which could be positive for the stock. We have a Buy rating on the stock and the stock price has stayed resilient despite market correction in the last fortnight.

  • NTPC

    8 Mar 2023 , 10:48AM As per media reports, NTPC registered 11.9% y-o-y growth in electricity generation at 364.2 billion units between April 2022 and February 2023, compared to India’s electricity generation growth of 9.6% y-o-y. NTPC’s captive coal production in February stood at 2.6 million metric tonnes and the despatch during the month stood at 2.5 MMT, marking a robust growth of 80% and 87% respectively. Strong operational performance is positive for NTPC.

  • Stock update – NTPC

    2 Mar 2023 , 10:43AM Stock update – NTPC Limited: Play on growth & dividend; RE stake monetization key catalyst

  • NTPC - Buy

    1 Mar 2023 , 10:56AM NTPC - Buy

  • NTPC Renewable Energy signs MoU with Tripura Govt for renewable energy development

    17 Jan 2023 , 10:53AM Govt of Tripura & NTPC Renewable Energy sign MoU for Collaboration in Renewable Energy Development in the State of Tripura

  • NTPC

    17 Jan 2023 , 10:39AM NTPC Renewable Energy Limited (NTPC REL, a subsidiary of NTPC) signed a Memorandum of Understanding (MoU) with Government of Tripura on 16-01-2023 in New Delhi for Development of Floating and Ground Mounted base Renewable Energy Projects in the State of Tripura. Long term positive for NTPC as the MoU would help to augment in RE capacity (NTPC targets is to achieve 18GW of RE capacity in the next three years and has an aspiration of 60GW of RE capacity by 2032) and improve ESG score.

  • NTPC

    4 Jan 2023 , 10:39AM The company has started green hydrogen blending in the piped natural gas (PNG) network of NTPC Kawas township, Surat. The project is a joint effort of NTPC and Gujarat Gas Limited (GGL). The initial blending will be at 5% and the same would be scaled up to 20% in phased manner as per PNGRB. Green hydrogen blending would reduce CO2 emissions. This is initial steep toward green hydrogen and would be key driver toward clean energy for NTPC in the long term. Positive read through for NTPC.

  • NTPC starts India's first green hydrogen blending operation in PNG Network

    4 Jan 2023 , 10:11AM The green hydrogen blending has been start in the piped natural gas (PNG) network of NTPC Kawas township, Surat

  • NTPC

    27 Dec 2022 , 9:54AM NTPC: Company has signed a non-binding Memorandum of Understanding with Tecnimont, Indian subsidiary of Maire Tecnimont Group based in Italy. They jointly will evaluate and explore the possibility to develop commercial scale green methanol production facility at a NTPC project in India. Our View: Positive

  • NTPC

    27 Dec 2022 , 9:54AM NTPC: Company has signed a non-binding Memorandum of Understanding with Tecnimont, Indian subsidiary of Maire Tecnimont Group based in Italy. They jointly will evaluate and explore the possibility to develop commercial scale green methanol production facility at a NTPC project in India. Our View: Positive

  • NTPC, Tecnimont sign MOU to explore Green Methanol Production

    27 Dec 2022 , 9:39AM NTPC signs MoU with Tecnimont to explore Green Methanol production

  • NTPC

    23 Dec 2022 , 9:02AM NTPC Limited and GE Power India Limited sign MoU to reduce carbon intensity from NTPC’s coal fired units. This is a first of a kind step for coal fleet decarbonization in the country. This partnership aims to demonstrate technologies for firing higher percentage of Torrefied Biomass in NTPC’s coal fired unit, Methanol Firing & Ammonia Firing.

  • NTPC starts commercial operations of 100 MW in Bikaner

    20 Dec 2022 , 10:47AM NTPC starts commercial operations of 100 MW of 300 MW Nokhra Solar PV Project in Bikaner

  • NTPC

    15 Dec 2022 , 12:01PM As per media reports, NTPC aims to sell a 20% stake in its subsidiary NTPC Green Energy to raise up to Rs3000 crore. Investors, such as Canada Pension Plan Investment Board (CPPIB), Malaysia's Petronas and Brookfield has shown interest in NTPC Green Energy. The decision to sell 20% stake to strategic investors will be followed by an initial public offering of NTPC Green Energy in FY24. Positive for NTPC as it could unlock value, provide capital for RE capex or would support higher dividend pay-out. We have Buy rating on NTPC Limited.

  • NTPC

    15 Dec 2022 , 9:38AM As per media reports, NTPC aims to sell a 20% stake in its subsidiary NTPC Green Energy to raise up to Rs3000 crore. Investors, such as Canada Pension Plan Investment Board (CPPIB), Malaysia's Petronas and Brookfield has shown interest in NTPC Green Energy. The decision to sell 20% stake to strategic investors will be followed by an initial public offering of NTPC Green Energy in FY24. Positive for NTPC as it could unlock value, provide capital for RE capex or would support higher dividend pay-out. We have Buy rating on NTPC Limited.

  • NTPC

    12 Dec 2022 , 12:12PM The company has successfully commissioned first part capacity of 162.27 MW (out of 230 MW) of Ettayapuram Solar PV Project at Tamil Nadu. With this, group installed and commercial capacity of NTPC stands at 70416.27 MW. Neutral for NTPC given small size of capacity addition.

  • NTPC

    5 Dec 2022 , 10:07AM As per media reports, NTPC is in the process of roping in a strategic investor for its subsidiary NTPC Green Energy Ltd. NTPC plans to raise Rs 2,000 crore to Rs 3,000 crore through this transaction and the same is expected to be completed by March 2023. We highlight here that in its Q2FY23 earnings call NTPC management had indicated plan to monetize maximum 20% equity stake in NTPC Green Energy Limited by Q3FY23/Q4FY23. Total RE assets are at ~2,861 MW with book value of Rs. 10,000 crore. Potential value unlocking in NTPC Green Energy would be positive as it would provide capital for RE investment and could also increase dividend pay-out. We have Buy rating on NTPC Limited.

  • NTPC signs MoU with Siemens for hydrogen co-firing

    13 Oct 2022 , 11:21AM NTPC, Siemens sign MoU for demonstrating Hydrogen co-firing in Faridabad Gas Power Plant

  • NTPC

    7 Oct 2022 , 10:24AM The company has signed MoU with GE Gas Power to reduce carbon intensity at 645 MW Kawas gas power plant in Gujarat. NTPC and GE Gas will explore hydrogen co-firing blended with natural gas in GE’s 9E gas turbines installed at Kawas power plant to decarbonize power generation. MoU would jointly explore ways to reduce carbon emissions from Kawas gas power plant and further implement the same at scale across NTPC’s installed units in India. The aim to reduce carbon emissions would improve ESG score for NTPC and thus positive for the stock.

  • NTPC, GE Gas Power sign MoU for Hydrogen co-firing in gas turbine

    7 Oct 2022 , 9:55AM NTPC and GE Gas Power sign MoU for demonstrating Hydrogen co-firing in Gas Turbines

  • NTPC

    9 Sep 2022 , 9:14AM As per media reports, NTPC has entered into an agreement with the armed forces to supply renewable energy power. This provides opportunity to grow in RE space and help achieve NTPC’s target of 15GW of RE capacity in the next three years and 60 GW of renewable energy (RE) capacity in next 10 years.

  • NTPC

    6 Sep 2022 , 12:21PM The Resolution Plan submitted by NTPC Limited and approved by NCLT for Jhabua Power Limited has been implemented and thus NTPC has acquired 600 MW Jhabua Power for Rs. 925 crore. Post-acquisition of Jhabua Power Limited, NTPC’s consolidated installed and commercial capacity has increased to ~70 GW. Positive read through for NTPC.

  • NTPC gets bids for stake in arm

    2 Sep 2022 , 10:42AM Stake sale could unlock value and also aid to dividend payout ratio

  • NTPC gets bids for stake in arm

    2 Sep 2022 , 10:38AM Stake sale could unlock value and also aid to dividend payout ratio

  • NTPC gets bids for stake in arm

    2 Sep 2022 , 10:38AM Stake sale could unlock value and also aid to dividend payout ratio

  • NTPC gets bids for stake in arm

    2 Sep 2022 , 10:38AM Stake sale could unlock value and also aid to dividend payout ratio

  • NTPC

    29 Aug 2022 , 12:03PM The company’s board of directors has approved investment for Talcher Thermal Power Project, Stage-III (2x660 MW) at an estimated cost of Rs. 11,843.75 crore. Investment would increase regulated equity base and drive earnings growth.

  • NTPC

    24 Aug 2022 , 11:18AM India’s largest power producer is looking to develop another massive nuclear project just weeks after announcing its entry into the sector, a sign that Prime Minister Narendra Modi’s expansion into atomic energy is gaining momentum.

  • NTPC

    23 Aug 2022 , 9:33AM NTPC Limited: The company has successful commissioned, first part capacity of 10 MW out of 20 MW Gandhar Solar PV Project at Gandhar, Gujarat. With this, consolidated installed and commercial capacity of NTPC stands at 69464 MW. Although the capacity addition is small in size but overall NTPC has commercialisation target of 5.8 GW for FY23 and the same would drive earnings growth. We have Buy rating on NTPC.

  • NTPC

    8 Aug 2022 , 9:43AM The company has commissioned 250 MW Kolyat, Bikaner Solar PV Project at Bikaner, Rajasthan and thus the company’s installed and commercial capacity now stands at 69,433MW. Positive read through for NTPC.

  • NTPC

    21 Jul 2022 , 10:12AM As per media reports, NTPC has signed MoU with Moroccan Agency for Sustainable Energy (MASEN) for cooperation in renewable energy. The MoU aims for the joint development of utility-scale renewable energy projects in Africa and expands NTPC’s geographical reach and opens up scope for new growth opportunities apart from India. Also, NTPC signed non-binding agreement with IOCL to set-up RE plant (~650 MW) for its refineries. Positive read through for NTPC.

  • NTPC

    11 Jul 2022 , 10:43AM As per media reports, NTPC is planning to raise ~Rs5000 crore through stake sale in its green energy subsidiary namely NTPC Green Energy Limited (NGEL). The company will transfer 15 renewable energy project and 100% holding in NTPC Renewable Energy Limited to NGEL. The process is expected to start in October as NTPC is believed to have engaged SBI Capital Markets to advise on stake sale process. A potential stake sale in green energy arm would help in value unlocking and could possibly improve dividend payout and thus positive for the stock. We have Buy rating on NTPC.

  • NTPC

    5 Jul 2022 , 12:28PM The company has registered a 21.7% y-o-y growth in electricity generation at 104.4 billion units in Q1FY23. Though directionally positive for NTPC but it's earnings growth is primarily driven by rise in regulated equity base given regulated RoE model.

  • NTPC

    4 Jul 2022 , 11:28AM NTPC Renewable Energy Ltd (NREL – subsidiary of NTPC) has signed an MoU with the Rajasthan government to develop 10 GW ultra mega renewable energy power parks. NTPC Group has set a target of 15GW/60GW renewable energy capacity by FY26/FY32.

  • Stock update – NTPC Ltd: Steady growth from thermal assets

    21 Jun 2022 , 11:34AM Stock update – NTPC Ltd: Steady growth from thermal assets; green focus to drive re-rating

  • NTPC

    20 Jun 2022 , 2:29PM The company has successfully commercialised small capacity if 47.52MW out of 296 MW Fatsehgarh Solar PV Project at Jaisalmer, Rajasthan. With this, standalone/consolidated commercial capacity will become 54714.20 MW/69079.20 MW.

  • NTPC

    15 Jun 2022 , 11:24AM The company has started commercial operations for 15 MW out of 56 MW Kawas Solar PV Project at Kawas, Gujarat, and thus taking its consolidated installed and commercial capacity to 69031.68 MW. The capacity addition is very small and is neutral for NTPC.

  • NTPC

    6 Jun 2022 , 9:35AM As per media reports, NTPC has signed an MoU with MECON Limited for consultancy and project management services for its coal mines. The pact will further help in strengthening the infrastructure facilities at the NTPC coal mines and thus positive for the stock.

  • Stock update – NTPC Q4FY22 result review

    23 May 2022 , 11:57AM Stock update – NTPC Q4FY22 result review: Stellar Q4; robust commercialisation to drive growth

  • NTPC signs MoU with Energy Vault for energy storage technology

    27 Apr 2022 , 10:17AM NTPC signs MOU with Energy Vault for Gravitybased Energy Storage Technology

  • NTPC

    11 Apr 2022 , 11:38AM As per media reports, the outstanding dues owed by electricity distribution companies (discoms) to power generation companies (gencos) increased by 17.3% y-o-y to Rs1,23,244 crore in April 2022. Higher receivables from discoms is negative for companies like NTPC as it would impact working capital.

  • NTPC

    8 Apr 2022 , 9:14AM As per media reports, NTPC will form a 50:50 JV with Maharashtra State Power Generation Co (MAHAGENCO) to set up an "ultra-mega solar park" in the state to generate 2,500 MW green power. Additionally, NTPC has also incorporated a new wholly owned subsidiary namely NTPC Green Energy Limited and we believe that it would company's ambition in green hydrogen and pave way for early monetisation. Positive read through for NTPC.

  • NTPC

    4 Apr 2022 , 12:10PM NTPC Limited: The company has commissioned 250 MW Captive Power Unit, at Rourkela, Odisha, of NTPC Sail Power, joint venture company. The installed and commercial capacity of NSPCL has become 1064 MW while the group installed capacity of NTPC has become 68882MW. Positive read through for NTPC.

  • NTPC

    10 Mar 2022 , 9:49AM NTPC Limited: The company has successfully completed trial operations for Unit-3 of the 660 MW Nabinagar Power Generating Company Limited and has been consequently included in the installed capacity of NTPC Group. Consequently, the total installed capacity of NTPC Group now stands at 68,567 MW. Positive read through for NTPC Limited.

  • NTPC

    7 Mar 2022 , 9:36AM The company has successfully commissioned second part capacity of 74.88 MW out of 296 MW Fatehgarh Solar PV Project at Jaisalmer, Rajasthan. With this, commercial capacity of NTPC group has increased to 67,832 MW. Positive for NTPC.

  • NTPC

    1 Feb 2022 , 9:39AM NTPC Vidyut Vyapar Nigam (NVVN – power trading subsidiary of NTPC) has acquired 5% equity stake in the Power Exchange of India (PXIL). This would help NVVN to maintain a leadership position in the power trading market given shifting of power trading towards exchanges. Positive read through for NTPC Limited.

  • NTPC

    19 Jan 2022 , 11:48AM As per media reports, NTPC has company has sought bids from developers for 900 MW Cuba Solar PV Park. NTPC, under the International Solar Alliance (ISA) programme, will support Cuba in the selection process, signing of relevant agreements and overseeing project implementation till commissioning of the solar park.

  • NTPC

    18 Jan 2022 , 9:47AM NTPC Limited: As per media reports, NTPC is believed to have invited a request for proposal (RFP) for raising up to $750 million (around Rs5,570 crore) via external commercial borrowing (ECB) to fund its power projects.

  • NTPC Nabinagar plant's unit-4 to begin commercial operations

    1 Dec 2021 , 11:44AM NTPC declares unit-4 of Nabinagar Thermal Power Project Commercially operation

  • NTPC

    30 Nov 2021 , 10:59AM NTPC Renewable Energy Limited (subsidiary of NTPC) signed PPA for 325 MW of solar projects. This is in-line with its aim to take solar portfolio to 15GW by FY25.

  • NTPC threatens to terminate Tata contract

    21 Oct 2021 , 11:40AM Delays in Jaisalmer solar power project the reason

  • NTPC

    19 Oct 2021 , 3:25PM As per media reports, NTPC is likely to buy a 7-10% stake in NSE and NCDEX. Investment in non-core business is a bit of surprise and further information like valuation is also not available to access the potential impact of any such investment.

  • NTPC and Tata Power

    19 Oct 2021 , 9:51AM As per media reports, NTPC Renewables, a wholly owned subsidiary of NTPC Limited, has invited expressions of interest (EoI) to form strategic tie-ups for sourcing solar modules for a total capacity of 15GW over a period of five years. The tender is open for any Indian company, consortium, or affiliates with established manufacturing base in India or plan to set up facilities under the production-linked incentive (PLI) program. This would help NTPC attain 60GW green power capacity by 2032 and positive for companies like Tata Power as it provides growth opportunities for its subsidiary Tata Power Solar Systems (engaged in manufacturing of solar cells and modules).

  • NTPC

    7 Oct 2021 , 1:07PM NTPC signed MoU with Électricité de France S.A. (EDF) to explore potential power project development opportunities in the Middle East, Asia, Europe and Africa. The two companies will also collaborate for knowledge sharing, R&D, technical services and consultancy assignments globally. This would increase NTPC’s competitiveness in the international markets and would help the company win international power projects and is long-term positive for the company.

  • NTPC signs MoU with French Co Electricite de France

    7 Oct 2021 , 12:05PM NTPC signs MoU with French Co Electricite de France for cooperation in intl power sector

  • Stock Update: NTPC

    5 Oct 2021 , 9:51AM Stock Update: NTPC Limited: RE is next pillar of growth

  • Stock Update: NTPC

    5 Oct 2021 , 9:48AM Stock Update: NTPC Limited: RE is next pillar of growth

  • NTPC

    4 Oct 2021 , 9:51AM As per media reports, NTPC is planning to come out with IPO for its three companies - NTPC Renewable Energy Ltd (within a year's time), North Eastern Electric Power Corp., and NTPC Vidyut Vyapar Nigam Ltd (by early 2024). In total NTPC plans to raise $2 billion (Rs15,000 crore) through the listing of its subsidiaries and is positive for NTPC as the same would help unlock value. We have Buy rating on NTPC.

  • NTPC

    27 Sep 2021 , 10:47AM As per media reports, NTPC has won 1.9GW of solar power project contract from Indian Renewable Energy Development Agency Limited (IREDA) in the e-auction of CPSU Scheme-II, tranche-III of 5 GW tender. NTPC has bid for a record low solar tariff of Rs1.99 per unit. NTPC plans 60GW of RE capacity by 2032 and also aim to list its RE subsidiary. Focus to expand RE capacity is long term positive for NTPC.

  • NTPC

    13 Sep 2021 , 10:58AM NTPC Limited: The company plans to issue unsecured non-convertible bonds in the nature of debentures worth Rs 3,000 cr on September 13, 2021 through private placement at a coupon of 6.69% p.a. The proceeds will be utilised for funding of capital expenditure, refinancing of existing loans, and other general corporate purposes.

  • NTPC

    7 Sep 2021 , 10:58AM NTPC Limited: As per media reports, NTPC plans to partner with National Investment and Infrastructure Fund (NIIF -India’s quasi-sovereign wealth fund) and (ONGC) to acquire and develop green energy assets. NTPC is focused to gradually increase RE share (target of 15GW/60GW by FY24E/FY32E) in overall power capacity.

  • NTPC

    3 Sep 2021 , 9:49AM As per media reports, the company's subsidiary NTPC Renewable Energy Ltd has received the letter of award (LoA) for developing 325 MW projects in Madhya Pradesh’s Shajapur solar park. Positive read through for NTPC.

  • NTPC Darlipali plant's unit-II to start ops from 1 Sept

    31 Aug 2021 , 11:28AM Declaration of COD of Unit-2 of 800 MW capacity of Darlipali Super Thermal Power Station

  • NTPC

    12 Aug 2021 , 9:40AM NTPC Limited: As per media reports NTPC has invited offers to raise up to Rs5,000 crore as rupee term loan. The money raised is expected to be utilised for ongoing and new capacity addition programmes.

  • NTPC - Stock Update

    3 Aug 2021 , 9:14AM NTPC Limited – (Stock update – Q1FY22 results): Tax provisions, lower LPS impact Q1; Strong commercialisation to drive earnings

  • NTPC Q1FY2022 results

    2 Aug 2021 , 9:42AM NTPC Q1FY2022 results - PAT at Rs3,146 crore missed our/consensus estimate by 14%/10%

  • NTPC

    26 Jul 2021 , 11:50AM The company’s wholly owned subsidiary NTPC Renewable Energy Ltd. (NTPC REL) has won 325MW of solar energy projects at Rewa Ultra Mega Solar Limited (RUMSL) auction for 450 MW of solar projects at the Shajapur Solar Park in Madhya Pradesh. Although the size of RE project won is small in the context of NTPC’s overall installed power capacity of 66,875MW but directionally positive given NTPC’s focus to gradually increase RE share (target of 15GW/60GW by FY24E/FY32E) in overall power capacity. We have Buy rating on NTPC.

  • NTPC

    26 Jul 2021 , 11:01AM NTPC Limited: The company has completed trial operation at 2nd Unit of 800 MW capacity unit of Darlipali Super Thermal Power Project (2 x 800 MW) and consequently included it in the installed capacity of NTPC. With this, the total installed capacity of NTPC and NTPC group has become 53450 MW and 66875 MW respectively. Directionally positive but there must be addition in commercial capacity (rather than installed capacity) for increase in regulated equity base and earnings growth. We have Buy rating on NTPC.

  • NTPC

    14 Jul 2021 , 10:18AM As per media reports, NTPC Renewable Energy Limited (NTPC-REL is a subsidiary of NTPC) has received an approval from the Ministry of New and Renewable Energy (MNRE) to set up 4,750MW renewable energy park at Rann of Kutch in Khavada Gujarat. NTPC-REL plans to use this project for production of green hydrogen. Setting of such large scale RE part is directionally positive for NTPC and in-line with its target to increase share of RE capacity to 60GW by 2032 (38% of total power generation capacity target of 162GW by 2032) but these are long gestation projects and benefits would be visible only in long term. We have Buy rating on NTPC.

  • NTPC

    6 Jul 2021 , 10:28AM As per media reports, NTPC’s wholly subsidiary NTPC Vidyut Vyapar Nigam, has invited tenders for deploying of hydrogen fell cell buses in Delhi and Leh. This is a green initiative and would drive hydrogen based zero emission new mobility solutions. The green hydrogen would be provided by NTPC Renewable Energy Limited. These are futuristic initiative and do not see any material impact from the same on NTPC.

  • NTPC

    5 Jul 2021 , 10:48AM NTPC Limited: Power regulator Central Electricity Regulatory Authority has allowed Reliance Infrastructure firms BSES Yamuna Power and BSES Rajdhani Power to exit power purchase agreements with NTPC Dadri-I power plant (which has completed 25 years of service on November 30, 2020). Negative for NTPC Limited.

  • NTPC

    30 Jun 2021 , 9:32AM As per media reports, the company is planning to spin off its renewable energy subsidiary and likely come out with an IPO for NTPC Renewable Energy. This would help in value unlocking for its RE portfolio and provide funds for expansion (plan to take RE capacity to 60GW by 2032). Potential value unlocking from RE business would be positive for NTPC and we have Buy rating on NTPC.

  • NTPC

    28 Jun 2021 , 9:31AM NTPC Limited: The company has set a target renewable energy (RE) target of 60GW by 2032. The target RE capacity would be 38% of total targeted power generation capacity of 162GW by 2032. The potential increase in share of RE capacity would address ESG concerns for NTPC and the company is aiming at a 10% reduction in net energy intensity.

  • NTPC - Stock Update

    21 Jun 2021 , 9:18AM NTPC Limited – (Stock update – Q4FY21 results): Steady Q4; Higher regulated equity to drive earnings growth

  • NTPC

    19 Apr 2021 , 3:05PM NTPC Limited: The company has successfully commissioned last part capacity of 15MW (out of the 85MW) Bilhaur Solar PV Project at Bilhaur, UP. With this, NTPC Group’s commercial capacity has increased to 64,505MW. Neutral for NTPC given small size of commercialisation.

  • NTPC

    19 Apr 2021 , 9:35AM The company will issue unsecured non-convertible bonds of Rs3,996 crore on April 20, 2020 through a private placement at a coupon of 6.87% per annum with maturity date of April 21, 2036. The proceeds from the issue will be utilised for funding of capital expenditure, refinancing of existing loans and other general corporate purposes

  • NTPC

    5 Apr 2021 , 11:14AM The company has successful completed trial runs for its Unit-2 of 660 MW capacity of Nabinagar Super Thermal Power Project (3X660 MW), which is part of Nabinagar Power Generation Company Limited (wholly owned subsidiary of NTPC). Resultantly, NTPC’s installed capacity has increased to 65,150MW. Neutral read through for NTPC as addition to commercial capacity (and not installed capacity) is important to earn regulated RoE.

  • NTPC

    1 Apr 2021 , 11:13AM The company announced that first part capacity of 70 MW of 85 MW Bilhaur Solar PV Project (in Uttar Pradesh) has been declared on commercial with effect from March 28, 2021. As a result, NTPC Group’s commercial capacity has increased to 64,490 MW (a marginal increase as compared to 64,420 MW earlier).

  • NTPC

    31 Mar 2021 , 10:39AM The company has shut-down its Talcher Thermal Power Station in Odisha with effect from March 31, 2021. The plant has capacity of 460 MW and was operational from the last 54 years. We the closure of Talcher Thermal Power as neutral for NTPC as it accounted for only 0.7% of NTPC group commercial capacity of 64,880 MW.

  • NTPC inks pact to buy Gail 25% stake in RGPPL

    24 Feb 2021 , 10:13AM NTPC to buy stake in Ratnagiri Gas, exit from Konkan LNG

  • NTPC

    24 Feb 2021 , 9:13AM The company has executed share purchase agreements with GAIL (India) for purchase of GAIL's share of 25.51% in Ratnagiri Gas and Power (RGPPL) and sale of NTPC's share of 14.82% (on fully dilutive basis) in Konkan LNG Limited (operates 5mtpa LNG terminal) to GAIL. After transfer of shares, NTPC will exit from KLL and its shareholding in RGPPL will become 86.49%. We believe that increase of stake in RGPPL (operates gas-based power plant) is strategic fit for NTPC but turnaround would be key for value creation as RGPPL is making losses (net loss of Rs174 crore in FY2020).

  • NTPC

    22 Feb 2021 , 10:40AM NTPC Limited: The company has declared commercial operations of 5MW (last part capacity for the 20 MW Auraiya Solar PV Project in Uttar Pradesh) on February 20, 2021. NTPC group commercial capacity increased to 64080MW as compared to 62975MW. Thus, the company has commercialised 1.1GW of new capacities in Q4FY2021 so far at group level and that bodes well for growth in regulation equity base. Positive for NTPC Limited.

  • NTPC

    22 Feb 2021 , 10:36AM The company has declared commercial operations of 5MW (last part capacity for the 20 MW Auraiya Solar PV Project in Uttar Pradesh) on February 20, 2021. NTPC group commercial capacity increased to 64080MW as compared to 62975MW. Thus, the company has commercialised 1.1GW of new capacities in Q4FY2021 so far at group level and that bodes well for growth in regulation equity base. Positive for NTPC Limited.

  • NTPC

    8 Feb 2021 , 9:35AM The company’s only one hydroelectric power project i.e. Tapovan Vishnugad, Uttarakhand (4x130 MW) with total capacity of 520MW (4.3% of total ongoing projects totalling 11979 MW) has got impacted in the avalanche hit Tapovan in Uttarakhand. The capex incurred on the project is ~Rs5000-6000 crore (7-8% of standalone CWIP of Rs75,135 crore) and other Rs3000 crore of capex is yet to be incurred by NTPC. As per our discussion with the NTPC management, there would be no financial loss to the company as the Tapovan Vishnugad project is fully insured and impact will be in the form of delay in the completion of the project (which will be assessed shortly) and is sentimentally negative for NTPC. We maintain our Buy rating on the stock given attractive valuation of 0.7x FY23E P/BV despite earnings growth visibility (target to commercialise 5-6GW of capacities annually) and healthy dividend yield of ~7%.

  • NTPC Q3FY2021 results

    4 Feb 2021 , 4:16PM NTPC Q3FY2021 results: PAT at Rs3,315 crore missed our estimate by 3% due to lower coal PAF q-o-q, higher interest cost and lower other income; declared DPS of Rs3

  • NTPC Q3 net profit rises by 10.7% YoY

    4 Feb 2021 , 3:26PM Q3 earnings for the quarter ended December 31, 2020

  • NTPC Q3FY2021 operational performance

    4 Feb 2021 , 2:44PM NTPC Q3FY2021 operational performance – Power sales volume up 7.9% y-o-y and Coal PAF at 89.1% (up 78 bps y-o-y; down 272 bps q-o-q)

  • NTPC

    28 Jan 2021 , 3:45PM The company announced commercial operation of 140 MW capacity Bilhaur Solar PV Project in Uttar Pradesh with effect from January 18, 2021. Post this, the commissioned capacity of NTPC and NTPC group stands at 51,310 MW and 63,925 MW respectively while commercial capacity is 51,310 MW and 63,265 MW respectively

  • NTPC arm makes 50 MW solar project in Kerala

    14 Jan 2021 , 2:02PM NTPC's 50 MW solar power project at Kasargod, Kerala declared on commercial operation

  • NTPC Limited – Strong commercialisation to drive earnings

    18 Dec 2020 , 11:47AM NTPC Limited – Strong commercialisation to drive earnings; Valuation attractive

  • NTPC

    8 Dec 2020 , 11:06AM The company has announced to buyback bonds totaling Rs4000 crore. The offer includes cash tender offer to buy rupee denominated Rs2,000 crore 7.375% notes issued on August 10, 2016, payable in U.S. dollar and due on August 10, 2021 (“2021 notes”) and Rs2000 crore 7.25% notes issued on May 3, 2017 payable in U.S. Dollars and due on May 3, 2022.

  • NTPC

    7 Dec 2020 , 10:28AM As per media reports, government is planning to allow relinquished coal-fired plants to sell power to discoms. The proposal, if approved, would help old coal plants earn additional revenue and NTPC would be key beneficiary of the same given largest coal-based power plants in India.

  • NTPC

    9 Nov 2020 , 9:40AM The company’s Unit-2 of 800 MW of Lara Super Thermal Power Station Stage-I (2 x 800 MW) has been declared commercial with effect from November 07, 2020. With this, the commercial capacity of NTPC and NTPC group has increased to 51,155 MW and 62,910 MW respectively as compared to 50355 MW and 62,110 MW as on September 2020. We highlight here that NTPC targets to add 5-6GW of new commercial capacities annually over next three year, which would result into strong 15% CAGR in its regulated equity and drive earnings growth. We have Buy rating on NTPC.

  • NTPC – Stock Update (Q2FY21 results

    3 Nov 2020 , 11:30AM NTPC – Stock Update (Q2FY21 results): In-line Q2; Robust commercialisation to drive growth

  • NTPC

    3 Nov 2020 , 10:14AM The board of directors of the company has approved buyback of fully paid-up equity shares not exceeding 19.8 crore shares (representing 2% of the total paid-up equity share capital of the company) at a price of Rs115/share for an aggregate amount not exceeding Rs2,276 crore. The buyback price is at 29% premium to last closing price of Rs89/share. The company has fixed November 13, 2020 as the record date for buyback of equity shares. Positive read through for NTPC Limited.

  • NTPC Q2FY2021 operational performance

    2 Nov 2020 , 3:24PM NTPC Q2FY2021 operational performance – Sharp 10.7% y-o-y increase in power sales reflects improvement in power demand; PAF improved to 92% versus 84% in Q2FY20

  • NTPC

    2 Nov 2020 , 10:18AM The company’s board of directors will meet today to consider proposal for share buyback. SEBI had recently granted certain exemptions to the company for proceeding with the share buyback on October 23.

  • NTPC

    27 Oct 2020 , 10:16AM The company’s board of directors will consider proposal for share buyback on November 2, 2020. SEBI had granted certain exemptions to the company for proceeding with the share buyback on October 23. Sentimentally Positive for NTPC.

  • NTPC board to consider share buyback

    27 Oct 2020 , 9:58AM Board to consider buyback of equity shares on November 2

  • NTPC

    25 Sep 2020 , 11:30AM As per media reports, NTPC will no longer set up greenfield coal fuelled power projects in bid to expand share of renewable energy in its generation portfolio. The company plans to increase it generation capacity to 130 GW by 2032 with likely share of renewable energy at 25% and planned a capital expenditure of Rs1 trillion over FY2019-FY2024.

  • NTPC

    24 Sep 2020 , 12:33PM As per media reports, NTPC has shutdown 657MW (1% of overall commercial generation capacity of NTPC) of gas based power plant as GAIL has cut gas supply for power plants connected to north western pipeline grid post the fire at ONGC’s plant in Gujarat. We do not see any material impact for NTPC as firstly proportion of gas based plant in NTPC’s generation capacity is quite small and gas supply by GAIL could be resumed soon post the fire is controlled by ONGC.

  • NTPC

    9 Sep 2020 , 11:24AM As per media reports, NTPC has signed pact to implement 27 solar projects in the overseas market and the same would add 5GW solar capacity over the next two years.

  • NTPC

    21 Aug 2020 , 2:08PM The company has received accord from NITI Aayog, Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Government of India, for formation of a wholly owned subsidiary for NTPC Renewable Energy Business. The company’s aims to transfer its exiting renewable asset portfolio to the new subsidiary company and has plans to augment renewable portfolio to 32GW by 2032. We have Positive view on NTPC Limited.

  • NTPC

    18 Aug 2020 , 9:50AM NTPC – Viewpoint (Q1FY2021 results): Strong commercialisation to drive earnings; Valuation attractive

  • NTPC

    14 Aug 2020 , 3:53PM NTPC Q1FY2021 results: PAT substantially above our estimates due to lower than expected rebate of Rs803 crore to discoms; PAF improved to 96% versus 94% in Q4FY20

  • NTPC

    14 Aug 2020 , 2:19PM NTPC Q1FY2021 operational performance – improvement in PAF to 96% (versus 94% in Q4FY20) to reduce fixed cost under-recoveries

  • ONGC, NTPC

    30 Jul 2020 , 9:55AM Oil and Natural Gas Corporation (ONGC): The company’s board has approved the issuance of up to 5000 non-convertible debentures (NCDs) with total size of up to Rs500 crore on a private placement basis with interest of 5.25% payable annually. The NCDs will be listed on the BSE Limited (wholesale debt market segment).

  • NTPC

    28 Jul 2020 , 12:12PM As per media reports, NTPC plans to acquire least 1GW of operational solar power projects across India and the company has issued a request for proposals (which are to be submitted by September 22, 2020) to acquire the projects.The company seeks to acquire the projects from promoters, lenders, generation companies, independent power producers and developers. We highlight here that NTPC aims to have at least 32GW of renewable energy assets by 2032.

  • NTPC

    21 Jul 2020 , 11:35AM The company has added 800MW of Unit-2 of Lara Super Thermal Power Project and with this NTPC’s installed capacity has increased to 51,155 MW (standalone basis) and 62,910 MW (consolidated basis) as compared to 50,355 MW and 62,110 MW as on March 31, 2020. We highlight here that the focus should be more on commercial capacity addition, which is important for increase in regulated equity base (stood at Rs61,811 crore as on March 2020) and PAT growth of NTPC.

  • NTPC

    16 Jul 2020 , 4:02PM The company has entered into a Memorandum of Understanding (MoU) with National Investment and Infrastructure Fund (NIIF), to explore opportunities for investments in areas like renewable energy, power distribution among other areas of mutual interest in India. We highlight here that NTPC targets to have nearly 30 GW of its overall power generation capacity from renewable energy sources by 2032. NIIF Limited manages over USD 4.3 billion of equity capital and is a collaborative investment platform for international and Indian investors, anchored by the Government of India

  • NTPC

    6 Jul 2020 , 11:38AM As per media reports, NTPC has appointed consulting firm EY as an advisor for acquiring Reliance Infrastructure Ltd’s Delhi electricity distribution businesses. We highlight here that NTPC in May 2020 had shown interest to buy Reliance Infrastructure Ltd’s 51% stake each in BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL), that supplies electricity to around 4.4 million customers in the national capital.

  • NTPC

    2 Jul 2020 , 10:17AM The company has commercialised Unit-2 of 150 MW of Kameng Hydro-Electric Project (4x150 MW) of North Eastern Electric Power Corporation Limited (a wholly owned subsidiary company of NTPC Limited). With this, the commercial capacity of NTPC group stands at 62,086 MW versus 62,110 MW as on March 31, 2020

  • NTPC

    1 Jul 2020 , 11:38AM As per media reports, NTPC along with Indian Oil Corporation (IOCL) and South Delhi Municipal Corporation (SDMC) to develop waste-to-energy facilities at Okhla landfill site. SDMC to provide land worth one acre on lease at the landfill side while the company along with IOCL will invest 50% each towards setting up and operating the facilities.

  • NTPC

    30 Jun 2020 , 10:06AM NTPC Limited - Q4FY20 results (Viewpoint): Robust commercialisation target; valuation remains

  • NTPC

    29 Jun 2020 , 10:44AM NTPC Limited Q4FY2020 results: Adjusted PAT above estimates; FC U/R down 34% q-o-q and regulated equity up 9.3% q-o-q; Robust commercialization guidance of 5-6GW in FY21E/FY22E

  • NTPC

    11 Jun 2020 , 10:04AM Board of directors of NTPC has approved deferment of capacity charges of Rs2,064 crore to discoms, to be payable without interest after the end of the lockdown period in three equal monthly installments. Board also approved rebate of Rs1,363 crore (10% of FY2021E PAT) on the capacity charges billed during the lockdown period to discoms on account of Covid-19. The development is sentimentally negative for NTPC but positive for power distribution companies as the deferment of capacity charge and rebate to discoms was already decided. NTPC’s valuation at 0.8x FY2022E P/BV (48% discount to historical average one-year forward P/BV of 1.5x) is comfortable and the stock offers dividend yield of 7%. We have Positive view on NTPC Limited

  • ONGC and NTPC

    22 May 2020 , 11:30AM The two companies have signed MoU to set up joint venture for renewable energy business. As per the MoU, NTPC and ONGC will explore and set up renewable power assets including offshore wind, in India and overseas, and explore opportunities in the fields of sustainability, storage, E-mobility and ESG (Environmental, Social and Governance) compliant projects.

  • NTPC

    27 Apr 2020 , 12:29PM NTPC Limited – Earnings resilience given the regulated model

  • NTPC

    21 Apr 2020 , 10:39AM As media reports, the credit profiles of Indian power companies (like NTPC) will remain largely unaffected despite delay in cash collection due to the coronavirus pandemic given favourable regulatory frameworks that ensure stable operating profits as per Fitch Ratings

  • NTPC

    27 Mar 2020 , 11:39AM The company has executed a share purchase agreement to acquire 75% stake in THDC India Limited (THDCIL) and 100% stake in North Eastern Electric Power Corporation Ltd (NEEPCO) from the government for consideration of Rs7,500 and Rs4,000 crore respectively. The cabinet committee on economic affairs, on November 21, 2019 had given an in-principle approval to the government’s proposal to divest stake in THDCIL and NEEPCO to NTPC Limited along with transfer of management control. THDCIL and NEEPCO have operational capacity of 1513MW and 1457 MW respectively. The combined acquisition cost of the two entities is only 10% of NTPC’s consolidated net worth and seems manageable by NTPC. We have Positive view on NTPC Limited.

  • NTPC

    26 Mar 2020 , 9:42AM The company has announced that the second unit of 660 MW of Khargone Super Thermal Power Project has been added to the installed capacity of NTPC on successful completion of trial operations. Consequently, the company’s installed capacity at the group level stands at 58,816MW as compared to 58,156 as December 2019. We highlight here that NTPC is relatively immune to concerns of coronavirus outbreak as regulated tariff model assures fixed RoE on power generation assets and higher coal supplies in Jan/Feb 2020 would improve plant availability factor. We have Positive view on NTPC Limited.

  • NTPC

    2 Mar 2020 , 10:37AM The company has declared 800 MW Unit 1 of Darlipalli Super Thermal Power Station Stage-I as open for commercial operation. The commercial capacity NTPC group will increased to 58,156MW as compared to 56,446MW as on December 2019. The increase in the commercial capacity would increase NTPC’s regulated equity base, which is positive from the perspective of earnings growth and expansion of RoE. We have Positive view on NTPC Limited.

  • NTPC to start commercial operation of Thermal Power unit

    28 Feb 2020 , 12:08PM Declaration of Commercial Operation of 250 MW unit of Barauni Thermal Power Station

  • NTPC

    25 Feb 2020 , 12:31PM The Competition Commission of India (CCI) has approved the acquisition of government’s 74.5% stake in THDC India Limited (THDC) by NTPC. We highlight here that board of directors of NTPC had already given in principle approval for the acquisition of government’s stake in THDC (which has installed capacity of 1,513MW). We have Positive view on NTPC Limited.

  • NTPC

    10 Feb 2020 , 12:50PM NTPC Limited – Viewpoint Q3FY2020 results

  • NTPC

    4 Feb 2020 , 11:11AM As per media reports, NTPC Ltd has signed a syndicated loan in Japanese Yen equivalent to $750 million. The loan proceeds will be utilized for funding capex for installation of Flue Gas Desulphurization (FGD) system, hydro projects and other projects using ultra supercritical technology with low carbon emission.

  • NTPC begins commercial production

    31 Jan 2020 , 11:40AM Declaration of Commercial Operation of Unit-1 of Khargone Super Thermal Power Station (2 x 660 MW)

  • NTPC

    28 Jan 2020 , 11:31AM Board of directors of NTPC Ltd. has given in principle approval for the acquisition of government’s entire stake in North Eastern Electric Power Corporation Ltd (NEEPCO) and THDC India Ltd. THDC has installed capacity of 1,513MW and NEEPCO has installed capacity of 1,457MW. This development is already known in the market. We believe, the said acquisition is quite manageable for NTPC as the two entity net worth is only close to 15% of NTPC’s net worth. We have a positive view on NTPC.

  • NTPC board okays acquisition of govt stake in NEEPCO, THDC

    28 Jan 2020 , 11:31AM Board of directors of NTPC gives in principle approval for the acquisition of government's entire stake in NEEPCO and THDC

  • NTPC start commercial operations of 800 MW unit

    31 Dec 2019 , 2:48PM The total install capacity of NTPC and NTPC group has become 49695 MW and 58156 MW respectively

  • NTPC

    21 Nov 2019 , 11:28AM Under the government’s strategic disinvestment plan, NTPC will buy the government’s stake in THDC India Ltd. and North Eastern Electric Power Corporation Ltd. THDC has installed capacity of 1,513MW and NEEPCO has installed capacity of 1,457MW. This development was quite anticipated in the market, as there was two players for this acquisition NTPC and NHPC. We believe, the said acquisition is quite manageable for NTPC as the two entity networth is only close to 15% of NTPC networth. We have a positive view on NTPC

  • NTPC

    13 Nov 2019 , 11:38AM Viewpoint - NTPC Limited: Surcharge income boosts PAT

  • NTPC

    11 Nov 2019 , 11:26AM NTPC Q2FY2020 results: PAT significantly above estimates on account of surcharge income of Rs650 crore and recovery of Rs300 crore for DSM charges and coal transit loss

  • NTPC

    18 Oct 2019 , 1:20PM As per media reports, NTPC plans to raise $100 million (~Rs711 crore) from international markets by way of term loan to finance its capital expenditure. The plan also includes a green shoe option of up to $300 million (~Rs2,135 crore).

  • NTPC plans to raise $ 100 mn from international markets

    18 Oct 2019 , 12:21PM NTPC plans to raise $ 100 million from international markets to finance its capital expenditure

  • NTPC's unit 1 of 800 MW of Lara Super Thermal Power Station begins commercial production

    27 Sep 2019 , 12:46PM The commercial capacity of Lara Super Thermal Power Station, NTPC and NTPC group will become 800 MW, 47325 MW & 55786 MW respectively

  • NTPC signs MoU to set up two hydro projects

    26 Sep 2019 , 12:40PM NTPC Limited: As per media reports, NTPC Limited has signed a Memorandum of Understanding (MoU) with the Himachal Pradesh government to set up two hydro projects totaling 520MW. The projects include 400MW for Seli & Miyar HEPs and 120 MW for Miyar HEP - positive read through for NTPC Limited.

  • Govt seek cabinet nod acquisition of North Eastern Electric Power Corporation

    25 Sep 2019 , 2:35PM NTPC Limited: As per media reports, government is seeking cabinet nod acquisition of North Eastern Electric Power Corporation Limited (NEEPCO – installed capacity of 1,457MW) and THDC India Limited (installed capacity of 1,513MW) – positive read through for NTPC Limited (stock is up by 2.6%).

  • NTPC commissions first unit of Nabinagar plant

    9 Sep 2019 , 11:33AM NTPC has a strong commercialization schedule of 5,000MW at group level in FY2020E

  • NTPC faces coal crunch at Kaniha unit in Odisha

    21 Aug 2019 , 12:04PM NTPC Limited: As per media reports, power generation at NTPC's 3,000 MW Kaniha unit in Angul district of Odisha has been impacted due to coal shortage as a result of strike by villagers at the Kaniha Open Cast Project. Moreover, central government has also cancelled the joint allocation of Kudanali-Luburi coal block (reserve of 396.10 million tonne) in Odisha to NTPC and Jammu & Kashmir State Power Development Corporation (JKSPDC) as per media reports. NTPC and JKSPDC may apply afresh for allocation of coal block as and when the notice is issued by ministry of coal – negative read through for NTPC.

  • BHEL, NTPC enters into MoU to form Joint Venture company

    25 Jul 2019 , 12:42PM BHEL, NTPC enters into MoU to form Joint Venture company

  • NTPC raises Rs. 4300 crore through bonds

    16 Jul 2019 , 10:22AM NTPC Limited: To raise Rs. 4,300 crore through private placement of secured non-convertible at a coupon of 7.32% p.a. with maturity of 10 years. The proceeds will be utilised to finance capital expenditure, refinancing the debt requirement in on-going projects and other general corporate requirements.

  • CERC eases norm to issue power trading licence to NTPC

    11 Jul 2019 , 11:49AM NTPC Limited: As per media reports, Central Electricity Regulatory Commission (CERC) has granted NTPC the licence for inter-state trading in electricity as the regulator has relaxed the current ratio and liquidity ratio requirement for granting electricity trading licence. The object is to promote renewable energy in India and NTPC would buy power from renewable power generators and sell the same to one or more power distribution companies. We highlight here that the ministry of new and renewable energy has identified NTPC as the nodal agency for 20,000 MW solar and wind power plants – positive read through for NTPC Limited.

  • NTPC terminates contracts with BGR Mining & Infra

    10 Jul 2019 , 11:28AM NTPC terminates coal mining contract with BGR over allegations of corruption

  • NTPC bags 40MW of solar projects from UPNEDA

    26 Jun 2019 , 10:40AM NTPC gets solar projects from Uttar Pradesh New & Renewable Energy Development Agency

  • NTPC forms 50:50 joint venture with Power Grid

    24 Jun 2019 , 3:28PM NTPC in JV with power grid for supply of electricity

  • NTPC bags 160 MW solar order from Rajasthan

    21 Jun 2019 , 11:39AM Orders won from Solar Energy Corporation

  • NTPC get investment approval

    12 Jun 2019 , 1:04PM Investment approval of 100 MW Ramagundam Floating Solar PV Project, Phase-I

  • NTPC has urged the International Solar Alliance

    4 Jun 2019 , 12:24PM NTPC Limited: As per media reports, NTPC has urged the International Solar Alliance (ISA) to appoint it as a consultant for 1,000 MW of rooftop solar projects, which ISA plans to implement across several countries. NTPC proposes to charge 6-10% of the project cost as upfront consultancy fees, depending on the capacities of the solar installations. ISA plans to mobilise more than $1,000 billion of investments by 2030 to promote solar technology across countries – positive read through for NTPC.

  • NTPC commissions Unit 1 of Gadarwara Super Thermal Power Station

    3 Jun 2019 , 10:17AM NTPC Limited: Has commissioned Unit-1 off 800 MW of Gadarwara Super Thermal Power Station (2 x 800 MW). With this, the commercial capacity of NTPC group has increased to 54326 MW as compared to 52866 MW – positive read through for NTPC as the commercialization of new capacities will increase regulated equity and in-turn improve earnings outlook for NTPC.

  • NTPC is doing due diligence to acquire 700 MW coal fired project

    28 May 2019 , 12:17PM NTPC Limited: As per media report, NTPC is doing due diligence to acquire 700 MW coal fired project being developed by Ind-Barath Energy (Utkal. The project is financially stressed and value accretion for NTPC would depend upon likely purchase consideration to be paid by the company if the acquisition is finalised.

  • NTPC to raise Rs. 3000 crore via bonds on May 03

    2 May 2019 , 10:02AM NTPC Limited: To raise Rs3,056.50 crore on May 3, 2019 through private placement of secured non-convertible bonds in the nature of debentures at a coupon of 7.93% p.a. with maturity of 3 years. The proceeds will be utilized to part meet the capex requirement, refinancing of existing loans, working capital and other general corporate requirements. The bonds are proposed to be listed on both NSE & BSE.

  • NTPC to start commercial operations at its Gadarwala plant

    30 Apr 2019 , 10:12AM NTPC: The company has stated that the Unit 1 of 660 MW of Meja Thermal Power Station Stage-I (2 x 660 MW) of Meja Urja Nigam (P) Ltd. (a JV company of NTPC Limited) will declare its commercial operation w.e.f 00:00 Hrs of 30.04.2019 –Positive read through

  • NTPC commence operation at 750 MW power project

    25 Mar 2019 , 2:19PM Declaration of commercial operation of Unit-3 of Bongaigaon Thermal Power Project

  • NTPC ex-date for bonus share at 1:5

    19 Mar 2019 , 12:07PM NTPC: Today is the ex-date for bonus share at 1:5 of the company

  • NTPC board to consider bonus shares

    21 Jan 2019 , 10:49AM Board to meet on January 30, 2019

  • NTPC wins 85 MW solar capacities in Uttar Pradesh

    5 Dec 2018 , 9:58AM NTPC wins 85 MW solar capacities in Uttar Pradesh at a tariff of Rs. 3.02/unit

  • NTPC falls on reports of govt stake sale

    4 Dec 2018 , 11:11AM NTPC slips by 2% to Rs. 142.2, after a report that finance ministry is likely to press ahead with plans to sell its stake in SJVN

  • NTPC will discontinue operations at Badarpur Thermal Power Station

    16 Oct 2018 , 11:56AM The company has stated that it will discontinue operations at its Badarpur Thermal Power Station having total installed capacity of 705 MW, New Delhi from 15th October 2018 – Negative read through for the stock

  • NTPC wins 160 MW solar project in Uttar Pradesh

    11 Oct 2018 , 11:54AM NTPC wins 160 MW solar capacities in Uttar Pradesh New And Renewable Energy Development Agency'S (UPNEDA) 500 MW Solar Tender

  • NTPC commences commercial operation from Sept 15

    14 Sep 2018 , 11:07AM NTPC has informed that the Unit 3 of 800 MW of Kudgi Super Thermal Project, Stage - I (3 X 800 MW) will commence commercial operation from 15.09.2018. – Positive read through for the stock

  • NTPC signs term loan with HDFC Bank

    13 Jul 2018 , 3:31PM NTPC signs a term loan agreement with HDFC Bank for availing a loan of Rs1,500 crore

  • NTPC signs pact with govt of Bihar to boost power sector

    16 May 2018 , 10:57AM NTPC inks pact with Bihar and its power utilities to acquire their entire stake in two joint ventures at Nabinagar and Kanti

  • NTPC has commissioned the first unit of 1,320 MW super-critical Meja thermal project

    3 Apr 2018 , 10:01AM The project to strengthen NTPC further among its competitors

  • NTPC in talks to purchase 3 power plants

    13 Dec 2017 , 3:15PM The power plants will be in Bihar

  • NTPC floats tender to acquire stressed coal-fired thermal power plants.

    30 Nov 2017 , 11:56AM NTPC: Power Minister meets banks on stressed power assets, NTPC floats tender

  • NTPC plant pipe blast kills 20

    2 Nov 2017 , 9:28AM Sentimentally negative news for NTPC as 20 killed in boiler pipe blast at NTPC plant at Unchahar power plant (1550MW) in Rae Bareli.

  • NTPC invites developers to set up 100 waste-to-energy plants

    18 Sep 2017 , 10:20AM NTPC invites developers to set up 100 waste-to-energy plants across the country under the Swachh Bharat mission.

  • Government to sell up to 10% stake in NTPC via OFS

    29 Aug 2017 , 9:36AM Government to sell up to 10% stake in NTPC via OFS at Rs 168 per share; may garner Rs 7,000 crore.

  • NTPC commissions 117 MW of Mandsaur Solar Power Project

    5 Jun 2017 , 10:23AM NTPC announces that 117 MW out of 250 MW of Mandsaur Solar Power Project of the company has been commissioned
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Key fundamentals

Evaluate the intrinsic value of NTPC Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 346884.12 335103.64 323887.53 298698.15 283074.85
Liabilities 346884.12 335103.64 323887.53 298698.15 283074.85
Equity 9696.67 9696.67 9696.67 9696.67 9696.67
Gross Profit 45338.49 43182.35 43228.39 33845.7 28803.36
Net Profit 19649.41 18079.39 17196.73 16111.42 13769.52
Cash From Operating Activities 41318.27 34830.91 35398.57 35388.19 27057.78
NPM(%) 11.55 11.16 10.5 13.87 13.87
Revenue 170002.7 161985.03 163769.77 116137.33 99206.72
Expenses 124664.21 118802.68 120541.38 82291.63 70403.36
ROE(%) 11.67 10.74 10.21 9.57 8.18

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
3.35 33.5 2.46 343.5
31 Jan 2025 2.5 25 2.46 322.2
31 Oct 2024 2.5 25 2.46 425
07 Aug 2024 3.25 32.5 2.46 374.95
06 Feb 2024 2.25 22.5 2.46 308.45
03 Nov 2023 2.25 22.5 2.46 239.5
11 Aug 2023 3 30 2.46 173.3
03 Feb 2023 4.25 42.5 2.46 169.45
10 Aug 2022 3 30 2.46 149.6
03 Feb 2022 4 40 2.46 134.9
08 Sep 2021 3.15 31.5 2.46 118
11 Feb 2021 3 30 2.46 91.3
13 Aug 2020 2.65 26.5 2.46 93.4
26 Mar 2020 0.5 5 2.46 94.35
0 0 2.46 112.05
13 Aug 2019 2.5 25 2.46 133.2
06 Feb 2019 3.58 35.8 2.46 144.3
06 Sep 2018 2.39 23.9 2.46 167.7
07 Feb 2018 2.73 27.3 2.46 172.75
07 Sep 2017 2.17 21.7 2.46 160.65
15 Feb 2017 2.61 26.1 2.46 172.35
08 Sep 2016 1.75 17.5 2.46 143.15
05 Feb 2016 1.6 16 2.46 134.6
03 Sep 2015 1.75 17.5 2.46 136.55
04 Feb 2015 0.75 7.5 2.46 142.85
13 Aug 2014 1.75 17.5 2.46 129.3
31 Jan 2014 4 40 2.46 131.6
05 Sep 2013 2 20 2.46 155
01 Mar 2013 3.75 37.5 2.46 151.1
06 Sep 2012 0.5 5 2.46 149.4
31 Jan 2012 3.5 35 2.46 160.85
08 Sep 2011 0.8 8 2.46 180.55
04 Feb 2011 3 30 2.46 188.6
08 Sep 2010 0.8 8 2.46 204
18 Mar 2010 3 30 2.46 203.05
03 Sep 2009 0.8 8 2.46 216.6
29 Jan 2009 2.8 28 2.46 171.6
28 Aug 2008 0.8 8 2.46 171.25
04 Feb 2008 2.7 27 2.46 258.45
30 Aug 2007 0.8 8 2.46 160.3
02 Feb 2007 2.4 24 2.46 138.25
30 Aug 2006 0.8 8 2.46 112.4
13 Feb 2006 2 20 2.46 112.95
08 Sep 2005 1.2 12 2.46 85
25 Feb 2005 1.2 12 2.46 92.05

Peers

Other companies within the same industry or sector that are comparable to NTPC Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Adani Power Ltd 551.95 0.00 16.45 130865.97 335.47 0.00
GVK Power and Infrastructure Ltd 4.28 1.90 1.14 53582.26 12.92 0.00
India Power Corporation Ltd 13.19 -0.90 188.43 33040.69 7.22 0.00
Inox Wind Energy Ltd 11471.00 0.00 77.01 408.78 -560.38 0.00

Company Info

Our Company was incorporated on November 7, 1975 under the Companies Act as a private limited company under the name "National Thermal Power Corporation Private Limited", and the word 'Private' was deleted on September30, 1976 consequent upon the notification issued by the GoI exemptinggovernment companies from the use of word 'private'. in their name. On September 30,1985, our Company was converted from a private limited company into a public limited company.Subsequently, the name of our Company was changed to its present name NTPC Limited. and a fresh certificate of incorporation was issued on October 28, 2005. The name of our Company was changed to reflect the diversification of our business operations beyond thermal power generation to include,among others, generation of power from hydro, nuclear and renewable energy sourcesand undertaking coal mining and oil exploration activities. For further information on our business including description of our activities, services, market of each segment, our growth, technology, market, managerial competence and capacity built-up, our standing with reference to our prominent competitors, see "Our Business" and "Industry Overview"on pages 55 and 44, respectively. For further information on our business including description of our activities, services, market of each segment, our growth, technology, market, managerial competence and capacity built-up, our standing with reference to our prominent competitors, see "Our Business" and "Industry Overview" on pages 55 and 44, respectively. Our Company is not operating under any injunction or restraining order. In July 1976, the registered office of our Company was changed from Shram Shakti Bhawan, New Delhi to Kailash Building, Kasturba Gandhi Marg, New Delhi. Subsequently, in May 1979 the registered office of our Company was shifted to NTPC Square, 62-63, Nehru Place, New Delhi and thereafter in October 1988 to its present location for administrative and operational efficiency. Major events 1975 - Incorporation of our Company 1978 - Takeover of management of the Badarpur project 1982 - Commissioning of the first 200MW unit at Singrauli Center for education at Power Management Institute, Delhi established First direct foreign currency borrowing . a consortium of foreign banks led by Standard Chartered Merchant Bank extends a loan of GBP 298.41 million for the Rihand project 1984 - The transmission line based on High Voltage Direct Current (­øHVDC­ñ) technology, commissioned for power transmission from Rihand to Delhi Singrauli project received World Bank loan of US$ 150 million through GoI 1986 - Synchronized first 500MW unit at Singrauli Our Company became one of the first PSUs to issue bonds in the debt market 1987 - 5,000 MW installed capacity mark crossed 1988 - First syndicated Japanese loan of 30 billion JPY raised 1989 - Consultancy division of our Company launched First unit (88 MW) of our Company.s first gas based combined cycle power plant at Anta, Rajasthan commissioned 1990 - Total installed capacity of 10,000 MW reached 1992 - First acquisition by our Company of Feroze Gandhi Unchahar Thermal Power Station (2x210MW) from Uttar Pradesh Rajya Vidyut Utpadan Nigam of Uttar Pradesh The transmission systems owned by our Company were transferred to Power Grid Corporation of India Limited (­øPGCIL­ñ) pursuant to legislation by the Parliament of India 1993 - IBRD extended direct loan of US$400 million to our Company under time slice concept for its projects 1994 - 15,000 MW of installed capacity achieved Maiden declaration of dividend of Rs. 650 million Jhanor-Gandhar (Gujarat) becomes our first thermal power station to have commissioned an integrated Liquid Waste Treatment Plant 1997 - 'Navratna' status granted by the GoI100 billion units generation in one year achieved A consortium of foreign banks led by Sumitomo Bank, Hong Kong extends foreign currency loan of 5 billion Japanese Yen for the first time without GoI guarantee 1998 - Commissioned the first Naphtha based plant at Kayamkulam with a capacity of 350 MW 1999 - Our Company.s Dadri thermal power project, Uttar Pradesh adjudged the best in India with a PLF of 96.12% Dadri thermal power project, Uttar Pradesh certified with ISO 14001 2002 - Three wholly owned subsidiaries, viz., NTPC Electric Supply Company Limited, NTPC Hydro Limited and NTPC Vidyut Vyapar Nigam Limited incorporated ESP [Electrostatic precipitators) set up at Talcher power plant 20,000 MW installed capacity mark exceeded 2003 - Our Company undertook debt re-structuring. Raised funds through bonds (Series XIII and XIV) Construction of first hydro-electric power project of 800 MW capacity in Himachal Pradesh commenced after the investment approval 2004 - The award of contract for the first Super Critical Thermal Power Plant at Sipat Reached a total installed capacity of 22,249 MW with the Talcher Unit V getting synchronized on May 13, 2004 Our Company.s Feroze Gandhi Unchahar Thermal station achieves a record PLF of 87.43% in current year up from 18.02% in February 92 when it was taken over by us LIC extends credit facility for Rs. 70 billion. Rs. 40 billion is in the form of unsecured loans and Rs. 30 billion is in the form of bonds Our Company makes its debut issue of euro bonds amounting to USD 200 million in the international market First coal mining block allotted Listing of our Equity Shares on the Stock Exchanges 2005 - Our Company received the International Project Management Award 2005 for its Simhadri project at the International Project Management Association World Congress. Oil block allocated under NELP V Our Company adopted core values 'BCOMIT' (Buisness Ethics, Customer Focus, Organisational Pride, Mutual Respect and Trust, Innovation and Speed and Total Quality for Excellence) Our Company ranked as the Third Great Place to work for in India for second time in succession by a survey conducted by Grow Talent and Business World 2005 2005 -Company has changed its name from National Thermal Power Corporation Ltd. to NTPC Ltd 2006 - Badarpur Thermal Power Station having an installed capacity of 705 MW transferred to our Company 2007 - MoC, GoI granted in-principle approval for allocation of a new coal block, Chatti-Bariatu (South) to our Company subject to the conditions stipulated in the approval letter. The share of reserves is estimated to be 354 Million Tonnes 2008 - Our Company adjudged as the Star PSU - 2008 Board expanded by appointment of five independent Directors India Power Award conferred on Centre for Power Efficiency and Environmental Protection 2009 - Memorandum of understanding entered into with the Nuclear Power Corporation of India Limited ("NPCIL") for development of nuclear power in India 30,000 MW installed capacity mark crossed Long term fuel supply agreement signed with Coal India Limited for supply of coal to our power stations for a period of 20 years Our Company acquired 44.6% of presently paid-up capital of Kerala and Transformers and Electricals Kerala Limited from Government of Kerala at a total consideration of Rs. 313.4 million, subject to final price to be based on the valuation of the assets of Kerala and Transformers and Electricals Kerala Limited. Kerala and Transformers and Electricals Kerala Limited is engaged in manufacturing and repair of heavy duty transformers International Gold Star Quality Award conferred on Centre for Power Efficiency and Environmental Protection. - NTPC enters MOU with Nuclear Power Corporation of India Ltd. (NPCIL) to work together for development of Nuclear Power in India and for this purpose to form a Joint Venture Company for setting up Nuclear Power Projects. - NTPC inks JV agreement with SAIL, RINL, Coal India and NMDC. 2010 - NTPC and EPC firm Larsen and Toubro are among the companies that have shown interest in partnering Indian Oil Corporation (IOC) in its $750-million LNG import terminal at Ennore near Chennai. - National Thermal Power Corporation (NTPC) Ltd. has said that it has tripled the volume of natural gas that it buys from Reliance Industries at the government-approved price of $4.2 per mBtu, to 1.81 mn standard cubic meters a day (mscmd). - NTPC has signed a pact with Gujarat Power Corporation (GPCL) in order to execute 500 MW renewable energy based projects, preferably wind and solar energy in the state. - Ntpc Limited has informed that: "A Joint Venture Agreement has been executed on 27.04.2010 between NTPC Limited and Nuclear Power Corporation of India Limited (NPCIL) for formation of a Public Limited Company to set up nuclear power project with two nuclear reactor units which may be extended to setting-up additional Nuclear Power Projects subject to techno-economic viability. - NTPC Ltd signed production sharing contracts with the government. - An MOU has been signed between NTPC Ltd and Bangladesh Power Development Board (BPDB) on mutual co-operation between the parties for development of Power Sector in Bangladesh. 2011 - Joint Venture signed between NTPC Ltd. (NTPC) and Nuclear Power Corporation of India Ltd. (NPCIL) has been Incorporated on January 27, 2011 under the name 'Anushakti Vidhyut Nigam Ltd' (Company). NPCIL shall hold 51% of the equity share capital and NTPC shall hold the balance 49% of the equity share capital of the Company. - NTPC-BHEL Power Projects Ltd. (NBPPL), a joint venture (JV) between NTPC and BHEL, has reported strong financial performance by crossing a turnover of Rs. 100 crore in the very first year of its commercial operations. - NTPC - Signed MOU with Government of Kerala - NTPC signed partnership with IWAI and Jindal ITF - National Thermal Power Corporation Ltd signed the Joint Venture Agreement between Company and Ceylon Electricity Board (CEB), Sri Lanka - NTPC bagged USD 8.8 mn O&M order from Electricity Generation Company of Bangladesh Ltd(EGCB). 2012 - NTPC signs $1.5bn deal with Bangladesh’s PDB to set up 1,320 MW plant - NTPC - Signs Joint Venture Agreement with Bangladesh Power Development Board - NTPC - NTPC Ltd signed a loan facility of USD 100 million with Mizuho Corporate Bank Ltd - NTPC inks loan deal with Japanese Bank - India's power producing giant NTPC Ltd signed a loan agreement worth Rs 600 crore with the Jammu & Kashmir Bank. 2013 -NTPC inks term loan agreement with SBI New York, Mizuho Corporate Bank Singapore -NTPC commissions Mouda Super Thermal project; begins commercial operations -NTPC commissions Unit-II of Vindhyachal Super Thermal Power Station 2014 -NTPC Signed a MoU with Government of Andhra Pradesh (GoAP) -NTPC starts operation of unit 2 at Mouda Super Thermal plant -NTPC starts commercial operation at Talcher power plant -NTPC starts commercial production at two units -NTPC starts operations of Barh Super Thermal Power Station, Stage-II 2015 -NTPC debuts into hydro generation. Unit no. 2 of 200 MW of Koldam Hydro Power Project has been commissioned -NTPC to set up ITI in Odisha -NTPC Ltd signed Power Purchase Agreement (PPA) with Andhra Pradesh Eastern Power Distribution Company Limited -NTPC Torrent win gas subsidy auction 2016 -NTPC Investment approval of 1600 MW Telangana Super Thermal Power -NTPC invites tenders for solar project in AP -NTPC gets investment approval for two projects -NTPC signs contract with IIT Kanpur for R&D -NTPC inaugurates Data Recovery Centre at Secunderabad 2017 - NTPC - Investment approval of Dulanga Coal Mining Project - NTPC inks pact to take over Chhabra Thermal Power Plant - NTPC commissions 55 MW of Bhadla solar power project - NTPC starts commercial operations at Bhadla Solar unit - NTPC commissions of 250 MW capacity (5 x 50 MW), Mandsaur Solar PV Project at Mandsaur - NTPC commissions its Rojmal Wind Energy Project in Gujarat - NTPC wins Bhubaneswar round of Tata Crucible Corporate Quiz 2018 -NTPC launches USD 400 mn bonds. -NTPC starts transporting fly ash through waterways. -NTPC Wins 85 MW Solar Capacities In Uttar Pradesh New And Renewable. -NTPC Awarded For Excellence in Power Generation. 2019 -NTPC wins the `Golden Peacock Award for Sustainability' 2019. -NTPC ranked as one of India's `Best places to Work For' -2019. -NTPC's installed capacity touches 58,156 MW. -NTPC starts commercial production of coal from Pakri Barwadih mine in Jharkhand. 2020 -NTPC wins the prestigious CII-ITC Sustainability Awards 2020. -NTPC ranks first among Indian PSUs in Forbes World's Best Employer 2020. -NTPC Bags CBIP 2020 Award for its Outstanding Contribution to the Power Sector. 2021 -NTPC Awards India's first Green Hydrogen Microgrid Project. -NTPC ties up additional coal from Talabira Coal mines of NLC in Odisha. -NTPC conferred 'Role Model' award at 11th CII National HR Excellence Award 2020-21 2022 -NTPC declared commercial operation of first part capacity of 10 megawatt (MW) out of 23 MW Solapur Solar PV project at Maharashtra. - NTPC inks pact with Italy-based firm to explore Green Methanol Production. -NTPC signs MoU with Maire Tecnimont Group. - NTPC commissions entire capacities of 150 MW and 90 MW Devikot Solar PV Projects at Jaisalmer. 2023 -NTPC received Economic Times HR World Future Skills Awards 2023. -"NTPC Renewable Energy Limited (NTPC REL) Signed MoU with Indian Army for the implementation of Green Hydrogen Projects in Army Establishments". -NTPC commenced operation of 1st unit of North Karanpura Super Thermal Power Station. -NTPC arm inks MoU with HPCL for development of renewable energy projects. 2024 -NTPC Renewable Energy Wins 500 MW Solar Power Contract in SECI Auction. -NTPC Wins Prestigious UN Women India WEPs Award for Girl Empowerment Mission. -NTPC Setting up sea water to green hydrogen plant at Simhadri. -NTPC Ltd sets up Agri-waste based 10 TPD Integrated Torrefaction and Pelletization Plant at NETRA. -NTPC and Indian Army Join Hands for Round-the-Clock Power Supply using Green Hydrogen.

Our Company was incorporated on November 7, 1975 under the Companies Act as a private limited company under the name "National Thermal Power Corporation Private Limited", and the word 'Private' was deleted on September30, 1976 consequent upon the notification issued by the GoI exemptinggovernment companies from the use of word 'private'. in their name. On September 30,1985, our Company was converted from a private limited company into a public limited company.Subsequently, the name of our Company was changed to its present name NTPC Limited. and a fresh certificate of incorporation was issued on October 28, 2005. The name of our Company was changed to reflect the diversification of our business operations beyond thermal power generation to include,among others, generation of power from hydro, nuclear and renewable energy sourcesand undertaking coal mining and oil exploration activities. For further information on our business including description of our activities, services, market of each segment, our growth, technology, market, managerial competence and capacity built-up, our standing with reference to our prominent competitors, see "Our Business" and "Industry Overview"on pages 55 and 44, respectively. For further information on our business including description of our activities, services, market of each segment, our growth, technology, market, managerial competence and capacity built-up, our standing with reference to our prominent competitors, see "Our Business" and "Industry Overview" on pages 55 and 44, respectively. Our Company is not operating under any injunction or restraining order. In July 1976, the registered office of our Company was changed from Shram Shakti Bhawan, New Delhi to Kailash Building, Kasturba Gandhi Marg, New Delhi. Subsequently, in May 1979 the registered office of our Company was shifted to NTPC Square, 62-63, Nehru Place, New Delhi and thereafter in October 1988 to its present location for administrative and operational efficiency. Major events 1975 - Incorporation of our Company 1978 - Takeover of management of the Badarpur project 1982 - Commissioning of the first 200MW unit at Singrauli Center for education at Power Management Institute, Delhi established First direct foreign currency borrowing . a consortium of foreign banks led by Standard Chartered Merchant Bank extends a loan of GBP 298.41 million for the Rihand project 1984 - The transmission line based on High Voltage Direct Current (­øHVDC­ñ) technology, commissioned for power transmission from Rihand to Delhi Singrauli project received World Bank loan of US$ 150 million through GoI 1986 - Synchronized first 500MW unit at Singrauli Our Company became one of the first PSUs to issue bonds in the debt market 1987 - 5,000 MW installed capacity mark crossed 1988 - First syndicated Japanese loan of 30 billion JPY raised 1989 - Consultancy division of our Company launched First unit (88 MW) of our Company.s first gas based combined cycle power plant at Anta, Rajasthan commissioned 1990 - Total installed capacity of 10,000 MW reached 1992 - First acquisition by our Company of Feroze Gandhi Unchahar Thermal Power Station (2x210MW) from Uttar Pradesh Rajya Vidyut Utpadan Nigam of Uttar Pradesh The transmission systems owned by our Company were transferred to Power Grid Corporation of India Limited (­øPGCIL­ñ) pursuant to legislation by the Parliament of India 1993 - IBRD extended direct loan of US$400 million to our Company under time slice concept for its projects 1994 - 15,000 MW of installed capacity achieved Maiden declaration of dividend of Rs. 650 million Jhanor-Gandhar (Gujarat) becomes our first thermal power station to have commissioned an integrated Liquid Waste Treatment Plant 1997 - 'Navratna' status granted by the GoI100 billion units generation in one year achieved A consortium of foreign banks led by Sumitomo Bank, Hong Kong extends foreign currency loan of 5 billion Japanese Yen for the first time without GoI guarantee 1998 - Commissioned the first Naphtha based plant at Kayamkulam with a capacity of 350 MW 1999 - Our Company.s Dadri thermal power project, Uttar Pradesh adjudged the best in India with a PLF of 96.12% Dadri thermal power project, Uttar Pradesh certified with ISO 14001 2002 - Three wholly owned subsidiaries, viz., NTPC Electric Supply Company Limited, NTPC Hydro Limited and NTPC Vidyut Vyapar Nigam Limited incorporated ESP [Electrostatic precipitators) set up at Talcher power plant 20,000 MW installed capacity mark exceeded 2003 - Our Company undertook debt re-structuring. Raised funds through bonds (Series XIII and XIV) Construction of first hydro-electric power project of 800 MW capacity in Himachal Pradesh commenced after the investment approval 2004 - The award of contract for the first Super Critical Thermal Power Plant at Sipat Reached a total installed capacity of 22,249 MW with the Talcher Unit V getting synchronized on May 13, 2004 Our Company.s Feroze Gandhi Unchahar Thermal station achieves a record PLF of 87.43% in current year up from 18.02% in February 92 when it was taken over by us LIC extends credit facility for Rs. 70 billion. Rs. 40 billion is in the form of unsecured loans and Rs. 30 billion is in the form of bonds Our Company makes its debut issue of euro bonds amounting to USD 200 million in the international market First coal mining block allotted Listing of our Equity Shares on the Stock Exchanges 2005 - Our Company received the International Project Management Award 2005 for its Simhadri project at the International Project Management Association World Congress. Oil block allocated under NELP V Our Company adopted core values 'BCOMIT' (Buisness Ethics, Customer Focus, Organisational Pride, Mutual Respect and Trust, Innovation and Speed and Total Quality for Excellence) Our Company ranked as the Third Great Place to work for in India for second time in succession by a survey conducted by Grow Talent and Business World 2005 2005 -Company has changed its name from National Thermal Power Corporation Ltd. to NTPC Ltd 2006 - Badarpur Thermal Power Station having an installed capacity of 705 MW transferred to our Company 2007 - MoC, GoI granted in-principle approval for allocation of a new coal block, Chatti-Bariatu (South) to our Company subject to the conditions stipulated in the approval letter. The share of reserves is estimated to be 354 Million Tonnes 2008 - Our Company adjudged as the Star PSU - 2008 Board expanded by appointment of five independent Directors India Power Award conferred on Centre for Power Efficiency and Environmental Protection 2009 - Memorandum of understanding entered into with the Nuclear Power Corporation of India Limited ("NPCIL") for development of nuclear power in India 30,000 MW installed capacity mark crossed Long term fuel supply agreement signed with Coal India Limited for supply of coal to our power stations for a period of 20 years Our Company acquired 44.6% of presently paid-up capital of Kerala and Transformers and Electricals Kerala Limited from Government of Kerala at a total consideration of Rs. 313.4 million, subject to final price to be based on the valuation of the assets of Kerala and Transformers and Electricals Kerala Limited. Kerala and Transformers and Electricals Kerala Limited is engaged in manufacturing and repair of heavy duty transformers International Gold Star Quality Award conferred on Centre for Power Efficiency and Environmental Protection. - NTPC enters MOU with Nuclear Power Corporation of India Ltd. (NPCIL) to work together for development of Nuclear Power in India and for this purpose to form a Joint Venture Company for setting up Nuclear Power Projects. - NTPC inks JV agreement with SAIL, RINL, Coal India and NMDC. 2010 - NTPC and EPC firm Larsen and Toubro are among the companies that have shown interest in partnering Indian Oil Corporation (IOC) in its $750-million LNG import terminal at Ennore near Chennai. - National Thermal Power Corporation (NTPC) Ltd. has said that it has tripled the volume of natural gas that it buys from Reliance Industries at the government-approved price of $4.2 per mBtu, to 1.81 mn standard cubic meters a day (mscmd). - NTPC has signed a pact with Gujarat Power Corporation (GPCL) in order to execute 500 MW renewable energy based projects, preferably wind and solar energy in the state. - Ntpc Limited has informed that: "A Joint Venture Agreement has been executed on 27.04.2010 between NTPC Limited and Nuclear Power Corporation of India Limited (NPCIL) for formation of a Public Limited Company to set up nuclear power project with two nuclear reactor units which may be extended to setting-up additional Nuclear Power Projects subject to techno-economic viability. - NTPC Ltd signed production sharing contracts with the government. - An MOU has been signed between NTPC Ltd and Bangladesh Power Development Board (BPDB) on mutual co-operation between the parties for development of Power Sector in Bangladesh. 2011 - Joint Venture signed between NTPC Ltd. (NTPC) and Nuclear Power Corporation of India Ltd. (NPCIL) has been Incorporated on January 27, 2011 under the name 'Anushakti Vidhyut Nigam Ltd' (Company). NPCIL shall hold 51% of the equity share capital and NTPC shall hold the balance 49% of the equity share capital of the Company. - NTPC-BHEL Power Projects Ltd. (NBPPL), a joint venture (JV) between NTPC and BHEL, has reported strong financial performance by crossing a turnover of Rs. 100 crore in the very first year of its commercial operations. - NTPC - Signed MOU with Government of Kerala - NTPC signed partnership with IWAI and Jindal ITF - National Thermal Power Corporation Ltd signed the Joint Venture Agreement between Company and Ceylon Electricity Board (CEB), Sri Lanka - NTPC bagged USD 8.8 mn O&M order from Electricity Generation Company of Bangladesh Ltd(EGCB). 2012 - NTPC signs $1.5bn deal with Bangladesh’s PDB to set up 1,320 MW plant - NTPC - Signs Joint Venture Agreement with Bangladesh Power Development Board - NTPC - NTPC Ltd signed a loan facility of USD 100 million with Mizuho Corporate Bank Ltd - NTPC inks loan deal with Japanese Bank - India's power producing giant NTPC Ltd signed a loan agreement worth Rs 600 crore with the Jammu & Kashmir Bank. 2013 -NTPC inks term loan agreement with SBI New York, Mizuho Corporate Bank Singapore -NTPC commissions Mouda Super Thermal project; begins commercial operations -NTPC commissions Unit-II of Vindhyachal Super Thermal Power Station 2014 -NTPC Signed a MoU with Government of Andhra Pradesh (GoAP) -NTPC starts operation of unit 2 at Mouda Super Thermal plant -NTPC starts commercial operation at Talcher power plant -NTPC starts commercial production at two units -NTPC starts operations of Barh Super Thermal Power Station, Stage-II 2015 -NTPC debuts into hydro generation. Unit no. 2 of 200 MW of Koldam Hydro Power Project has been commissioned -NTPC to set up ITI in Odisha -NTPC Ltd signed Power Purchase Agreement (PPA) with Andhra Pradesh Eastern Power Distribution Company Limited -NTPC Torrent win gas subsidy auction 2016 -NTPC Investment approval of 1600 MW Telangana Super Thermal Power -NTPC invites tenders for solar project in AP -NTPC gets investment approval for two projects -NTPC signs contract with IIT Kanpur for R&D -NTPC inaugurates Data Recovery Centre at Secunderabad 2017 - NTPC - Investment approval of Dulanga Coal Mining Project - NTPC inks pact to take over Chhabra Thermal Power Plant - NTPC commissions 55 MW of Bhadla solar power project - NTPC starts commercial operations at Bhadla Solar unit - NTPC commissions of 250 MW capacity (5 x 50 MW), Mandsaur Solar PV Project at Mandsaur - NTPC commissions its Rojmal Wind Energy Project in Gujarat - NTPC wins Bhubaneswar round of Tata Crucible Corporate Quiz 2018 -NTPC launches USD 400 mn bonds. -NTPC starts transporting fly ash through waterways. -NTPC Wins 85 MW Solar Capacities In Uttar Pradesh New And Renewable. -NTPC Awarded For Excellence in Power Generation. 2019 -NTPC wins the `Golden Peacock Award for Sustainability' 2019. -NTPC ranked as one of India's `Best places to Work For' -2019. -NTPC's installed capacity touches 58,156 MW. -NTPC starts commercial production of coal from Pakri Barwadih mine in Jharkhand. 2020 -NTPC wins the prestigious CII-ITC Sustainability Awards 2020. -NTPC ranks first among Indian PSUs in Forbes World's Best Employer 2020. -NTPC Bags CBIP 2020 Award for its Outstanding Contribution to the Power Sector. 2021 -NTPC Awards India's first Green Hydrogen Microgrid Project. -NTPC ties up additional coal from Talabira Coal mines of NLC in Odisha. -NTPC conferred 'Role Model' award at 11th CII National HR Excellence Award 2020-21 2022 -NTPC declared commercial operation of first part capacity of 10 megawatt (MW) out of 23 MW Solapur Solar PV project at Maharashtra. - NTPC inks pact with Italy-based firm to explore Green Methanol Production. -NTPC signs MoU with Maire Tecnimont Group. - NTPC commissions entire capacities of 150 MW and 90 MW Devikot Solar PV Projects at Jaisalmer. 2023 -NTPC received Economic Times HR World Future Skills Awards 2023. -"NTPC Renewable Energy Limited (NTPC REL) Signed MoU with Indian Army for the implementation of Green Hydrogen Projects in Army Establishments". -NTPC commenced operation of 1st unit of North Karanpura Super Thermal Power Station. -NTPC arm inks MoU with HPCL for development of renewable energy projects. 2024 -NTPC Renewable Energy Wins 500 MW Solar Power Contract in SECI Auction. -NTPC Wins Prestigious UN Women India WEPs Award for Girl Empowerment Mission. -NTPC Setting up sea water to green hydrogen plant at Simhadri. -NTPC Ltd sets up Agri-waste based 10 TPD Integrated Torrefaction and Pelletization Plant at NETRA. -NTPC and Indian Army Join Hands for Round-the-Clock Power Supply using Green Hydrogen.

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Parent Organisation

NTPC Ltd.

Founded

07/11/1975

Managing Director

Mr.Gurdeep Singh

NSE Symbol

NTPCEQ

FAQ

The current price of NTPC Ltd is ₹ 339.35.

The 52-week high for NTPC Ltd is ₹ 342.25 and the 52-week low is ₹ 338.05.

The market capitalization of NTPC Ltd is currently ₹ 329056.37. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy NTPC Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in NTPC Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase NTPC Ltd shares.

The CEO of NTPC Ltd is Mr.Gurdeep Singh, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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