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.
At 12:12 PM on Thursday; the BSE Power index was up 2.3 per cent at 7,043.98, as compared to 0.54 per cent decline in the BSE Sensex at 76,447.51.
As many as 34 out of the 40 constituent stocks were trading in the green, while six were in the red
At 01:58 PM on Thursday, the Nifty CPSE index was the the top gainer among sectoral and thematic indices, up 2.8 per cent, as compared to 0.4 per cent rise in the Nifty 50.
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.
The BSE PSU index hit a fresh 52-week high of 22,583.56 in Wednesday's intra-day trade, inching towards its all-time high level of 23,018.87 on August 1, 2024
NTPC is a strategically important vehicle for furthering Government of India's objectives in the power sector.
Angel One Equity Technical Analyst Rajesh Bhosale said that NTPC has an overall strong trend, and Petronet is trading above all major moving averages, reinforcing a positive bias
Stocks to watch on February 17, 2026: Stocks like Cochin Shipyard, JSW Infrastructure, Lupin, TVS Supply Chain, and Seamec will remain in focus today
NTPC and Oil and Natural Gas Corporation (ONGC) from the Nifty 50 touched their respective 52-week highs.
Technical analyst Vinay Rajani of HDFC Securities expects NTPC and CPSEETF to rally to ₹392.50 and ₹111 on the upside, respectively.
Dividend stocks today: Here is the complete list of stocks that will remain in focus today as they are set to trade ex-dividend tomorrow
Budget 2026 impact: The Sensex and the Nifty crashed over 3 per cent each from the respective day's high after FM proposed to hike STT on F&O trading. RIL and SBI were the major laggards.
Q3FY26 company results: Firms including Power Grid Corporation of India, Bajaj Auto, Bank of Baroda, Procter & Gamble Hygiene and Health Care are also to release their October-December earnings today
Stocks to watch on January 12, 2026: Stocks like TCS, HCL Technologies, Anand Rathi Wealth, and Infibeam Avenues will remain in focus as they will release their quarterly earnings today.