State-owned power giant NTPC on Friday said its board will consider a proposal to raise up to Rs 12,000 crore through the issuance of non-convertible debentures (NCDs) on July 29.
State-owned power giant NTPC has inked a pact with Moroccan Agency for Sustainable Energy (MASEN) for cooperation in renewable energy.
NTPC on Friday said its 100 megawatt (MW)floating solar photovoltaic project in Telangana has become fully operational. "Consequent upon successful commissioning, last part capacity of 20 MW out of 100 MW Ramagundam floating solar PV project at Ramagundam, Telangana is declared on commercial operation with effect from 00:00 hours of 01.07.2022," it said in a BSE filing. With this, the standalone installed and commercial capacity of NTPC has become 54,769.20 MW, while group installed and commercial capacity is 69,134.20 MW. The company did not provide any financial details of the project.
The power generator's growth prospects are improving and capacity expansions provide medium-term visibility
Stock is trending up since mid-Feb, outperforming broader indices