DRHP lists several risks, of which China imports a major factor
As investors await further details, here is a comprehensive analysis of the strengths, weaknesses, opportunities, and threats of the NTPC Green Energy, as described in the DRHP papers
JSW Energy on Friday said its arm JSW Neo Energy has received a Letter of Award (LoA) from NTPC for setting up a 300 MW wind-solar hybrid power project. Following this capacity award, the company's total locked-in generation capacity has risen to 16.7 GW, which includes a total locked-in hybrid capacity of 2.6 GW, a company statement said. This project enhances the company's energy solution offerings and supports its transition towards becoming an energy products and services company, it said. JSW Energy has total locked-in generation capacity of 16.7 GW comprising 7.5 GW operational, 2.3 GW under construction across wind, thermal and hydro and RE pipeline of 6.9 GW. The firm also has 4.2 GWh of locked-in energy storage capacity through a battery energy storage system and hydro-pumped storage project. The company aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030. JSW Energy aims to achieve carbon neutrality by 2050. In a separate statement
Outage reportedly disrupted charge-taking ceremony at various ministries
ICICI Securities stressed upon NTPC's position in the increasing total addressable market for power capex, benefiting from both conventional and renewables sectors
State-owned power giant NTPC on Friday posted a 33 per cent rise in its consolidated net profit to Rs 6,490.05 crore in the March 2024 quarter, mainly on the back of higher revenues. The company had reported Rs 4,871.55 crore consolidated net profit in the quarter ended March 2023, a BSE filing said. Its total income rose to Rs 48,816.55 crore in the quarter from Rs 44,744.96 crore in the same period a year ago. The consolidated net profit in the fiscal 2023-24 increased to Rs 21,332.45 crore from Rs 17,121.35 crore in the year-ago period. In FY24, the total income rose to Rs 1,81,165.86 crore against Rs 1,77,976.39 crore a year ago. The company's board recommended a final dividend of Rs 3.25 per equity share for FY24. The final dividend is in addition to the first interim dividend at the rate of Rs 2.25 per share and the second interim dividend at the rate of Rs 2.25 per share of face value of Rs 10 each for 2023-24 paid in November and February, respectively. The company's boa
PM inaugurates 800 MW Unit 2 of NTPC's thermal power project in Peddapalli district of Telangana
Prime Minister Narendra Modi on Monday dedicated to the nation and laid the foundation stone of multiple development projects related to power, rail and road sectors in Telangana worth more than Rs 56,000 crore. The PM's official function here was attended by the State Governor Tamilisai Soundararajan and Chief Minister A Revanth Reddy among others. After a long time, a CM of Telangana received PM Modi and shared dais with him during the official programme. BRS supremo and former CM K Chandrasekhar Rao had, on several occasions, skipped the PM's official visits to the state in the past. At the event here, the Prime Minister, among other projects, dedicated NTPC's 800 MW (Unit-2) of Telangana Super Thermal Power Project in Peddapalli. Based on ultra-supercritical technology, the project will supply 85 per cent power to Telangana and will have the highest power generation efficiency of approximately 42 per cent among all power stations of NTPC in the country. The foundation stone of
Stocks to watch on March 04, 2024: Jio Financial Services is the sole addition to the S&P BSE Large Cap, as revealed by the Bombay Stock Exchange
Prime Minister Narendra Modi will lay the foundation of state-owned power giant NTPC's various projects worth Rs 30,023 crore on Monday. The Prime Minister will dedicate to the nation and lay the foundation of a series of NTPC projects on March 4, 2024, signalling a significant leap towards sustainable development and economic growth, an NTPC statement said. Modi will dedicate Unit -2 (800 MW) of NTPC's Telangana Super Thermal Power Project (Stage-I) located in the Peddapalli district of Telangana. With an investment of Rs 8,007 crore, this project utilises ultra-supercritical technology, ensuring optimal power generation efficiency while significantly reducing CO2 emissions. The commissioning of this project will not only enhance the power supply in Telangana but also guarantee 24x7 availability of affordable and high-quality power nationwide. Furthermore, the Prime Minister will also dedicate Unit-2 (660 MW) of North Karanpura Super Thermal Power Project (3x600 MW), situated in
NTPC Green Energy Ltd (NGEL) on Tuesday said it has signed an MoU with the Maharashtra government to develop green hydrogen projects and its derivatives in Maharashtra. The memorandum of understanding (MoU) has been signed as a part of Green Investment Plan of the state government in the next five years and envisages a potential investment of Rs 80,000 crore, NGEL said in a statement. "NGEL has signed an MoU with Government of Maharashtra for development of green hydrogen and derivatives (green ammonia, green methanol) of up to 1 million tonne capacity per annum, including pump hydro projects of 2 GW and development of RE projects with or without storage up to 5 GW in the state," it said. The MoU was exchanged between Mohit Bhargava, Chief Executive Officer, NGEL and Narayan Karad, Deputy Secretary (Energy), Maharashtra government in the presence of state chief minister, deputy CM and other senior officials in Mumbai on Monday, the company said. NGEL is a wholly-owned subsidiary of
Among companies, the Power Grid will see a minimal impact since most of its new assets are being built via competitive bidding
Set up with an approximate project Cost of Rs 7,000 crore, the unit does not require any additional land or water allocation. The plant is receiving water from the Hasdeo River
State-owned power giant NTPC on Thursday said it has paid the first interim dividend of Rs 2,182 crore for the fiscal 2023-24. NTPC Ltd paid the first interim dividend of Rs 2,182 crore on November 23, 2023, for the financial year 2023-24, being 22.50 per cent of the paid-up equity share capital of the company, a statement said. According to the statement, this is the 31st consecutive year that NTPC Ltd has paid dividends, underscoring its dedication to providing consistent returns to its investors. As a key player in the Indian energy sector, NTPC Ltd continues to drive excellence, sustainable growth, and shareholder satisfaction through its strategic initiatives and robust financial performance, it stated.
Waaree Energies Ltd on Wednesday said it has partnered with NTPC to supply over 135 MW of solar PV modules. The photovoltaic modules will be utilized by NTPC for a solar power project in Baran district of Rajasthan. The order is expected to be completed within a span of 4 months, Waaree Energies said in a statement. "Such projects provide us with a splendid opportunity to further that objective, through the provision of our state-of-the-art solar PV modules, Hitesh Doshi, Chairman & Managing Director, Waaree Group said. With a capacity of 12 GW, Waaree Energies is India's largest solar module manufacturer. The company has presence in multiple locations in India and worldwide. NTPC, under Ministry of Power, is India's largest power generating entity.
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
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 ..
The move would expand the power project's capacity to 3,200 megawatt (Mw) from 1,600 Mw now
So far this year, NTPC has soared 36 per cent, Torrent Power zoomed 39 per cent and Power Grid Corporation of India advanced 21 per cent. Overall trend in these power stocks continues to remain sturdy
NTPC places global tender to procure 1.5 GW of solar modules