Ntpc Growth

Motilal Oswal flags NTPC Coal-to-Gas boost, but cautions on execution

According to MOFSL, the proposed 5-10 mt/annum coal-to-SNG plant marks a strategic pivot that may improve PLFs, boost energy security, and potentially create new revenue streams.

HSBC upgrades NTPC to 'Buy' on multiple growth levers, lifts target to ₹400

The upgrade came on the back of recent correction in NTPC's stock price, with HSBC also raising its target price to ₹400 from ₹385 earlier.

NTPC Q4 results: Profit rises nearly 22% to Rs 7,897 cr, declares dividend

State-run NTPC reports 22% rise in Q4 profit to ₹7,897 cr; FY25 net up at ₹23,953 cr. The company's performance for the full financial year 2024-25 reflected continued growth

NTPC pays additional Rs 2,424 cr interim dividend to shareholders for FY25

State-owned NTPC on Tuesday said it has paid an additional Rs 2,424 crore of interim dividend to its shareholders in the financial year ending March 2025. This is in addition to the first interim dividend of Rs 2,424 crore paid in November 2024, NTPC said in a statement. The Rs 2,424 crore dividend paid on February 18 is 25 per cent of the paid-up equity share capital of the company. The total dividend paid by the company during the ongoing fiscal has reached Rs 8,000 crore, which includes the final dividend of Rs 3,152 crore for the financial year 2023-24 paid in September 2024. This is the 32nd consecutive year that NTPC has paid dividend. Under the Ministry of Power, NTPC is India's largest integrated power utility, contributing one-fourth of the country's power requirements. The company has an installed capacity of over 77 GW, with an additional capacity of 29.5 GW under construction, including 9.6 GW of renewable energy capacity. The company is committed to achieving 60 GW o

NTPC eyes expansion, in talks with foreign firms for nuclear buildout

Prime Minister Narendra Modi's government is seeking to revive interest in India's nuclear power potential, promising easier regulations for suppliers and more than $2 billion of public resources

Analysts recommend 'Buy' on NTPC post Q3 on strong outlook; details here

On the bourses, NTPC share price dropped as much as 2.84 per cent, hitting an intraday low of Rs 314.50 per share

Aim for 60-40 ratio, where 40% is green, rest is fossil by 2032: NTPC CMD

He discussed capacity expansion plans and how the company would balance presence between fossil and green sources of power

L&T bags over Rs 15,000 crore NTPC order for thermal power plants

This is one of the biggest order wins for the company in the domestic market

NTPC seeks shareholders' nod to raise Rs 12,000 cr via issuance of NCDs

State-owned power giant NTPC will seek shareholders approval to raise up to Rs 12,000 crore through issuance of Non-Convertible Debentures (NCDs/bonds) on a private placement basis in its annual general meeting on August 29. "The board of directors of the company in its meeting held on 29th June, 2024 has approved the proposal and recommends the passing of the proposed special resolution (for raising up to Rs 12,000 crore in next 12 months)," the AGM notice of NTPC stated. The notice further said that the company is under capacity expansion mode, and a major portion of its capital expenditure requirement has to be funded by debt. The approval of the shareholders is being sought to authorize the board of directors to make offer(s) or invitation(s) to subscribe to the secured/unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures (NCDs/bonds) up to Rs 12,000 crore in one or more tranches, it said.

Jefferies to Nuvama: These brokerage have raised NTPC target price post Q4

ICICI Securities stressed upon NTPC's position in the increasing total addressable market for power capex, benefiting from both conventional and renewables sectors

NTPC Green inks pact with Indus Towers to develop renewable energy projects

State-owned power giant NTPC arm NTPC Green Energy Ltd (NGEL) on Friday said it has signed an initial pact with Indus Towers Ltd to address the need for pacing green energy objectives and the GoI's efforts towards carbon neutral economy. The MoU (Memorandum of Understanding) shall explore joint development of grid-connected renewable energy-based power projects including solar, wind, energy storage etc. and/or solutions thereof, a company statement said. Indus Towers Ltd (ITL) aims to expand its renewable energy portfolio in a phased manner to Giga Watt (GW) scale capacity, for its business operations spread across the country, as a part of its net zero commitments. The MoU was signed by Soumya Kanti Chowdhuri, Chief General Manager, NGEL and Vikas Poddar, Chief Financial Officer (CFO), ITL in the presence of other senior officials from NTPC and ITL on Thursday. NTPC is India's largest power utility with the core business of power generation having a total installed capacity of 76

Defying trend: Earnings growth no match for rally in CPSU stocks

Valuation rerating largely behind surge in mcap

India inc CEOs expect higher capital expenditure, value-added exports

Top executives from leading companies in the power and steel sector - JSW Steel and NTPC, also indicated a strong capex cycle is likely to continue

NTPC Group touches 300 billion units power generation mark in FY24

NTPC Group on Tuesday said it has produced 300 Billion Units (BU) of power so far this fiscal. It is the fastest ever 300 BU generation, NTPC said in a statement. The milestone was achieved in just 262 days on December 18, which is 18 days early as compared to the previous financial year, it said. In 2022-23, the group had crossed 300 BU generation on January 5, 2023, it said. NTPC Ltd, under the Ministry of Power, is India's largest integrated power utility, contributing 1/4th of the power requirement of the country.

NTPC Q2 results: Net profit surges 38% at Rs 4,726 cr on higher revenues

State-owned power giant NTPC on Saturday posted over 38 per cent rise in consolidated net profit at Rs 4,726.40 crore for September quarter 2023-24 mainly on the back of higher revenues. Its net profit in the year-ago period stood at Rs 3,417.67 crore, a BSE filing said. Total income rose to Rs 45,384.64 crore in the quarter from Rs 44,681.50 crore in the same period a year ago. The board in its meeting held on Saturday also approved the first interim dividend of this fiscal at the rate of 22.5 per cent (Rs 2.25 per share) on the face value of paid-up equity shares of Rs 10 each. The date of payment/dispatch of dividend shall be November 23, 2023. The average tariff of the company was Rs 4.61 per unit during April - September this fiscal year compared to Rs 4.77 per unit in the same period a year ago. Gross electricity generation of NTPC increased to 90.30 billion units (BU) during the second quarter from 85.48 BU in the same period a year ago. Coal output increased to 5.59 MM

ONGC inks pact with NTPC Green for renewable energy projects

State-owned Oil and Natural Gas Corporation (ONGC) has signed an initial agreement with NTPC Green Energy Ltd to explore setting up green hydrogen and offshore wind projects. The Memorandum of Understanding (MoU) "will primarily explore the feasibility and setting up of renewable energy projects in various domains," ONGC said in a statement. The MoU was signed by ONGC executive director Debdulal Adhikari and NTPC Green Energy Ltd (NGEL) CEO Mohit Bhargava in the presence of ONGC chairman and CEO Arun Kumar Singh and NTPC chairman and managing director Gurdeep Singh. "The MoU envisages collaboration of the two mega entities in renewable power projects in India and overseas through offshore wind projects and exploring opportunities in the storage, e-mobility, carbon credits and green credits, nuclear, green hydrogen business and its derivatives (green ammonia and green methanol)," it said. ONGC is India's largest crude oil and natural gas producer while NGEL is a subsidiary of the ..

Expansion, value unlocking key triggers for power producer NTPC's stock

This would take the consolidated regulated equity base to Rs. 1.25 trillion by FY26 versus Rs. 94,180 crore in FY23

Expensive coal imports, logistics may result in higher electricity bills

An unnamed senior executive said that expensive imports combined with increased transportation costs may lead to an increase of 40 paise per kilowatt hour (kWh)

NTPC coal output rises 65% year-on-year to 23 million tonnes in FY23

State-owned power giant NTPC on Sunday said its captive coal mines have registered 65 per cent year-on-year production growth to over 23 million tonnes in FY23. NTPC Ltd has recorded a coal production of 23.2 million tonnes in FY23, witnessing a 65 per cent growth against 14.02 million tonnes a year ago from its four operational coal mines -- TPC Pakri-Barwadih (Jharkhand), NTPC Chatti Bariatu (Jharkhand), NTPC Dulanga (Odisha) and NTPC Talaipalli (Chhattisgarh), a company statement said. NTPC has also achieved the highest-ever annual overburden removal of 73.0 million cubic metres, representing 129 per cent growth compared to 31.9 million cubic metres of overburden removal in the previous fiscal. The achievement demonstrates NTPC's commitment to increasing its domestic coal production to meet the growing demand for power in the country, the statement said. NTPC management lauded the role of the power ministry, coal ministry and state governments, among others, for their support to

CPPIB, Petronas, Arcelormittal among 13 to bid for NTPC's green energy unit

The Canada Pension Plan Investment Board (CPPIB), Malaysian state-run Petronas and Arcelormittal SA are among the 13 bidders for a minority stake in the green energy unit of India's NTPC Ltd