Page 6 - Ntpc

NTPC, EDF India collaborate for PSP to explore avenues in distribution

State-owned power giant NPTC and EDF India, an arm of French firm Electricite de France, have joined hands to set up pumped hydro storage and hydro projects bundled with renewable energy projects, and explore opportunities in the distribution business. NTPC and EDF India have signed a non-binding term sheet to develop, own, operate and maintain pumped storage projects and any other hydro-power projects, a statement said. Under the agreement signed by the two entities on Sunday, NTPC and EDF propose to form a JVC with 50: 50 Partnership after requisite approval from the Government of India. This JV company will undertake such projects on its own or may create JV and subsidiaries for undertaking such projects within India and neighbouring countries, the statement said. The JV will also develop hydro projects bundled with other Renewable Energy projects and explore opportunities in the distribution business.. NTPC Ltd is India's largest integrated power utility, contributing one-fourt

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

Stocks to Watch, Feb 18, 2025: Airtel, NTPC, Power Grid, Vedanta, Paytm

Stocks to Watch, Feb 18, 2025: Airtel, NTPC, Power Grid and other stocks will be on investors' radar today

NTPC to invest $62 bn in 30 GW nuclear power expansion over 20 years

NTPC was targeting 10 GW of nuclear capacity but tripled the goal after the government this month announced plans to open up the sector to foreign and private investment

Stocks to Watch, Feb 14, 2025: TaMo, Nazara Tech, Hindalco, Paytm, NTPC

Stocks to Watch, Feb 14, 2025: From Nazara Tech to Hindalco, here are a few stocks that will on investors' and traders' radar during today's market session

NTPC in talks with foreign firms of US, Russia for small modular reactors

NTPC has sought government permission to take forward the discussions, Pal said, but added that no country apart from China and Russia has operating SMR systems

ONGC-NTPC Green Energy JV acquire Ayana Renewable for Rs 19,500 cr

This marks the first such strategic investment by a government-owned company in the Indian renewable energy sector

ONGC-NTPC Green Energy JV to acquire Ayana Renewable for $ 2.3 bn

The acquisition comes at a time when large power producers in India are betting big on renewables and making pledges to expand their green energy capacities

HPCL signs agreement for sourcing LNG for NTPC, says Chairman Narang

HPCL owns a 5 million tonnes per year LNG import terminal at Chhara in western India. Under the pact, NTPC will either book capacities at the terminal or hire LNG tankers there

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

NTPC order boosts GE Power India share price by 5%; check details here

GE Power India shares reached their 52-week high of Rs 646 apiece on the NSE on July 12, 2024, while they fell to their 52-week low of Rs 234.10 per share on March 20, 2024

Delhi High Court sets aside Rs 1,891 crore arbitral award against NTPC

Terms penalty imposed in dispute with Jindal arm as 'patently illegal, perverse'

Gains for NTPC hinge on faster project execution to recover losses

The NTPC Group generated 327BU in 9MFY25, up 4 per cent from 315BU in 9MFY24. The 9MFY25 standalone income was Rs 1,28,600 crore, up 6 per cent Y-o-Y

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

NTPC Q3FY25 results: Net profit dips marginally to Rs 5,169 crore

State-owned power giant NTPC on Saturday reported a marginal dip in its consolidated net profit to Rs 5,169.69 crore for the October-December quarter compared to the year-ago period due to higher tax expenses and adjustments. The company had a consolidated net profit of Rs 5,208.87 crore in the quarter ended on December 31, 2023, a BSE filing showed. Total income rose to Rs 45,597.95 crore in the third quarter from Rs 43,574.65 crore in the same period a year ago. Total tax expenses in the quarter increased to Rs 2,075.12 crore from Rs 1,361.75 crore a year ago. Similarly, net movement in regulatory deferral account balances (net of tax) was (minus) Rs 343.09 crore in the quarter against Rs 1436.24 crore (plus) in the same period a year ago. Net movement in regulatory deferral account balances (net of tax) consists of exchange differences arising from settlement/translation of monetary item denominated in foreign currency to the extent recoverable from or payable to the ...

NTPC Green Energy Q3FY25 results: Net profit grows 18% to Rs 66 cr

NTPC Green Energy Ltd (NGEL) on Saturday reported 18 per cent rise in consolidated net profit at Rs 65.61 crore for December quarter FY25, on account of higher income. It had logged Rs 55.61 crore net profit in the year-ago quarter, the company said in an exchange filing. Total income rose to Rs 581.46 crore from Rs 463.46 crore. Expenses were at Rs 482.22 crore as against Rs 383.28 crore. Recently listed NGEL is an umbrella company for the green business initiatives of NTPC and undertakes projects through organic and inorganic routes. On Friday, NGEL said its arm NTPC Renewable Energy Limited (NTPC REL) has won a 300 megawatt (MW) solar project from NHPC bidder in the e-reverse auction conducted by NHPC.

APTEL directs Maharashtra discom to pay Rs 2,477 crore to state-run NTPC

The issue dates back to 2014 when MSEDCL terminated the PPA with RGPPL over under supply of power from the plant

NTPC Green recoups partly from 30% fall; freezes at 10% upper circuit

Till 03:22 PM; a combined 19.16 million equity shares changed hands and there were pending buy orders for 3.19 million shares on the NSE and BSE.

Powering ahead: India adding nuclear power faster than global peers

Nuclear power has been in the news with NTPC announcing a partnership with the US-based Clean Core Thorium Energy (CCTE) to develop thorium-based fuel for use in nuclear reactors

NTPC Green shares gain 4% in trade; What's boosting upmove in stock?

NTPC Green and Uttar Pradesh Rajya Vidyut Utpadan Nigam formed a joint venture to develop, operate, and maintain Renewable Energy Parks and projects