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NTPC
As part of its energy diversification plan, state-owned NTPC is looking to set up two nuclear units of 700 MW each in the Banka district of Bihar, which could entail an investment of around Rs 25,000 crore. At present, NTPC officials are conducting a feasibility study for two 700-MW nuclear units in the district, located around 250 km from Patna, a government official said. The Bihar government has also assured full support for the project and water availability. Initial estimates suggest that around 1,000 acres of land would be required for these units, the official told PTI without sharing any financial information. According to industry estimates, a 1 GW nuclear plant requires an investment of Rs 15,000-20,000 crore and typically takes at least three years from concept to commissioning. A detailed project report (DPR) will be prepared after the feasibility report is completed, he said. NTPC is looking to set up around 30 GW of company-owned nuclear projects across various locat
Homegrown power giant NTPC has signed an agreement with UK-based Octopus Energy Group to explore business opportunities in various segments, including electricity distribution and storage. The memorandum of understanding (MoU) was signed by Jatinder Singh Chandok, Head International Business Development, NTPC, and Chris Fitzgerald, Group Director, International Affairs, Octopus Energy, on the sidelines of Bharat Electricity Summit 2026 in the national capital. The collaboration will explore opportunities across India, the UK and other mutually agreed geographies with a focus on enhancing efficiency, affordability, reliability, and clean energy adoption, NTPC said. The MoU establishes a non-binding frameworkfor cooperation aimed at identifying, assessing, and pursuing opportunities in electricity distribution and retail, renewable energy and storage, electric vehicle (EV) charging infrastructure, digital energy platforms, innovation, research & development and capacity building.
The power ministry has decided to set up a search-cum-selection committee to look for the head of state-owned electricity generator NTPC, as government headhunter PESB failed to identify a suitable candidate. The Public Enterprise Selection Board (PESB), under the Department of Personnel and Training (DoPT), which is responsible for hiring candidates for top management posts of central public sector enterprises (CPSES), interviewed a dozen of candidates for the post of CMD of NTPC. The incumbent, Gurdeep Singh, was to superannuate on July 31, 2025, but his service as NTPC's CMD was extended till August 1, 2026, in the absence of a successor. The power ministry, in a notice issued on February 28, said the appointment to the post of Chairman and Managing Director, NTPC Limited, will be done through a "Search-cum-selection Committee". Candidates can apply for the post on or before March 28, 2026, it said. The search-cum-selection committee route is taken when PESB fails to find a ...
State-owned electricity generator NTPC on Friday said it has paid the power ministry Rs 2,666.58 crore in second interim dividend for FY26. A ceremonial cheque was handed over to Minister of Power Manohar Lal by company officials on February 25, NTPC said in a statement. "NTPC Ltd paid the second interim dividend of Rs 2,666.58 crore on 25th February 2026 for the financial year 2025-26, being 27.50 per cent of the paid-up equity share capital of the company," it said. This is the 33rd consecutive year that NTPC Ltd has paid a dividend. NTPC is India's largest power generation company, catering to the country's one-fourth of electricity demand. The company operates more than 87 GW of installed capacity, with another 32 GW under construction.