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NTPC Green Energy appoints Sarit Maheshwari as CEO, replacing Rajiv Gupta

NTPC Green Energy board on Saturday appointed Sarit Maheshwari as the Chief Executive Officer with immediate effect. The board of directors of the company in its meeting on Saturday approved cessation of Rajiv Gupta as Chief Executive Officer (Key Managerial Personnel), with effect from May 10, 2025, a regulatory filing said. According to the filing, the board of directors has approved the appointment of Sarit Maheshwari as Chief Executive Officer of the company with effect from May 10, 2025. He has 35 years of experience in the power sector and was associated with NTPC as Head of Project Korba, it said.

Stocks to Watch, May 8: Britannia, Coal India, Dabur, Voltas, RIL, L&T, PNB

Stocks to Watch on May 8, 2025: Here is a list of stocks that will be on investors' and traders' radar on Thursday, May 8, 2025

NTPC to raise ₹4,000 crore via NCDs through private placement on 9 May

State-run power giant NTPC on Wednesday said it has decided to raise Rs 4,000 crore through the issuance of non-convertible debentures on a private placement basis on May 9. Proceeds will be utilised for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes, according to a regulatory filing. According to the filing, the NTPC has decided to issue unsecured non-convertible debentures of Rs 4,000 crore on May 9, 2025, through private placement at a coupon rate of 6.84 per cent per annum for a tenor of 10 years, maturing on May 9, 2035, under the board resolution on June 29, 2024 and subsequent approval obtained through shareholders' resolution on August 29, 2024. This is the second issue of debentures under the above mentioned approval, it stated, adding that the debentures are proposed to be listed on the BSE.

Suzlon wins 378 MW wind project from NTPC Green, total orders at 1,544 MW

Renewable energy solutions provider Suzlon on Wednesday said it has secured a 378 MW wind energy project from NTPC Green Energy, taking its total awarded capacity from the latter to 1,544 MW. This order strengthens Suzlon's market leadership and its commitment to sustainable, large scale growth, a company statement said. Furthering its strategic focus on building long term, high impact partnerships, Suzlon has just consolidated its largest partnership with NTPC Green Energy Ltd (NGEL) to 1,544 MW, with a recent award of a 378 MW wind energy project, it stated. As part of this contract, Suzlon will supply 120 S144 Wind Turbine Generators (WTG) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW, and also undertake foundation, erection, and commissioning for the project and will provide maintenance and services. Suzlon Group Vice Chairman Girish Tanti said,"We are honoured to be a strategic partner in NTPC's ambitious vision to accelerate India's clean energy ..

Navigating RE glut: Thermal power major NTPC to buy unsold green energy

To absorb power from projects that failed to find any state to sign power purchase agreements

Tata Power shares charge 4% as arm inks ₹4,500 crore-deal with NTPC

The project is worth around ₹4,500 crore and has to be completed within 24 months or 2 years

In a first, thermal power major NTPC starts procuring commercial coal

Thermal behemoth issues tender for 3 million tonne coal from privately owned mines

NTPC to add 30 Gw coal-based thermal capacity by 2032 to meet demand

All the additional capacity will come as brownfield expansion of its current thermal power units across the country

NTPC aims to build small nuclear reactors to replace old coal plants

NTPC mainly runs coal-fired plants and wants to identify ones that can be retired in the next five years, preferably replaced by SMRs

NTPC installed capacity in Chhattisgarh to reach 9,580 Mw by 2029

NTPC Western Region II, headquartered in Chhattisgarh, operates five power stations

Stocks to Watch on Apr 3, 2025: IT, auto, pharma, Central Bank, Muthoot Fin

Stocks to Watch on Apr 3, 2025: As the US imposed ;reciprocal tariffs' IT, Pharma and auto related stocks will be in focus

NTPC seeks interest from global companies for nuclear power plant tech

According to the company, the move is aligned with the national objective of self-reliance in nuclear technology and localisation of the nuclear power plant supply chain

NTPC seeks global partners to build 15 GW nuclear power projects in India

The partner should have clearance from concerned authorities in their country of origin as well as comply with Indian policies, including having or getting a license for the offered technology

NTPC Group power generation grows, adds 3,972 MW capacity in FY25

NTPC Group on Tuesday reported around 4 per cent rise in its power generation to 238.6 billion units (BUs) in the financial year ended March 31. During the FY25, the group added 3,972 MW of capacity, bringing its cumulative installed capacity to around 80 GW. Apart from operational capacity of 80 GW, additional 32 GW capacity, including 15 GW Renewable capacity, is under construction, NTPC Group said in a statement. The company aims to achieve 60 GW of renewable energy capacity by 2032. NTPC, under the Ministry of Power, is India's largest integrated power utility, contributing 1/4th of the power requirement of the country. The company has also ventured into various new business areas, including e-mobility, battery storage, pumped hydro storage, waste-to-energy, nuclear, and green hydrogen solutions.

ONGC NTPC Green completes acquisition of Ayana for ₹6,248.5 crore

ONGC NTPC Green Pvt Ltd (ONGPL) has completed acquisition of 100 per cent equity stake in Ayana Renewable Power for Rs 6,248.50 crore. ONGPL is a 50:50 joint venture of NTPC Green Energy Ltd (NGEL) and ONGC Green Ltd. The acquisition was completed on March 27 for a cash consideration of Rs 6,248.50 crore at Rs 23.22 per share, NGEL said in an exchange filing. The Competition Commission of India had given its approval for the acquisition on March 11, 2025. NGEL contributed 50 per cent, that is Rs 3,124.25 crore to the total acquisition cost, it said. Through this acquisition, NGEL aims to expand its capacity in the renewable energy sector to meet its target of 60 GW renewable capacity by 2032. Ayana, a leading renewable energy platform, has capacity of approximately 4,112 MW (2,123 MW operational and 1,989 MW under-construction), strategically located across resource-rich states. Its portfolio is backed by high-credit-rated offtakers such as SECI, NTPC, Gujarat Urja Vikas Nigam L

Torrent Power, Gama Infraprop win tender to supply gas-based power

NVVN is the nominated nodal agency for facilitating supply from gas-based power plants (GBPs) from March 25 to October 15, a period identified 'high-demand' this year

Major issuers to tap bond market to raise over Rs 20K cr in next few days

REC is tapping the market on March 17 to raise as much as Rs 6,000 crore through two tranches via bonds maturing in three years and 10 years

Stocks to Watch, March 11: IndusInd Bank, Gensol, BEL, Syngene, NTPC, FSL

Stocks to Watch Today, March 11, 2025: IndusInd Bank share price will be in focus today after the bank reported discrepancy in derivative trade. This comes after the CEO got just a one-year extension

Energy Investors Summit: Chhattisgarh gets investment proposals of Rs 3 trn

The investments have been offered under different schemes of the Chhattisgarh government, aiming to boost the state's energy infrastructure

MP investors' summit: NTPC, Dabur, Reliance & others pledge investments

Prime Minister Narendra Modi, who inaugurated the summit, said Madhya Pradesh is becoming a preferred business destination while adding that this is the right time to invest in the state