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
This marks the first such strategic investment by a government-owned company in the Indian renewable energy sector
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 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
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
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
Terms penalty imposed in dispute with Jindal arm as 'patently illegal, perverse'
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
On the bourses, NTPC share price dropped as much as 2.84 per cent, hitting an intraday low of Rs 314.50 per share
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 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.
The issue dates back to 2014 when MSEDCL terminated the PPA with RGPPL over under supply of power from the plant
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.
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 and Uttar Pradesh Rajya Vidyut Utpadan Nigam formed a joint venture to develop, operate, and maintain Renewable Energy Parks and projects
RRB NTPC 2024 exam will take place in the first quarter of 2025. Candidates are advised to stay updated with the regional RRB websites for detailed schedules as exam dates likely to release soon
Stocks to Watch on Dec 30, 2024: From Tata Motors to NTPC, here are few stocks which will be on investors' radar today
The move aligns with NTPC's efforts to venture into nuclear energy and use it as a clean, dispatchable, and baseload source of energy to support this endeavour
NTPC Green Energy share price rose after the company on Friday declared its commercial operation of first part capacity of 37.5 MW out of 200 MW Gujarat Solar PV Project in Sadla, Gujarat
Shares of NTPC Green Energy dropped up to 5.4 per cent at Rs 125.85 a piece on the BSE in Thursday's intraday trade