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
State-run power giant NTPC on Monday said it has signed an initial pact with GRIDCO and CRUT to set up green hydrogen infrastructure in Odisha. NTPC has signed a Memorandum of Understanding (MoU) with GRIDCO, a Government of Odisha undertaking for Energy and Capital Region Urban Transport (CRUT), the public transit agency of the state government, on Monday, as per a statement. The tripartite MoU intends to further green energy technologies in Odisha, especially green hydrogen mobility scheme. As per the MoU, NTPC will set up a green hydrogen fuelling station in Bhubaneswar, along with hydrogen buses for short-haul and long-haul operations. This will open an option of phasing out fossil fuel buses in favour clean and green fuels, bringing decarbonisation and energy security. The Ministry of New & Renewable Energy has contributed partially for setting up of the project in Bhubaneswar. The NTPC is operating the green hydrogen blending project in Surat for the last two years and has
Power giant NTPC has plans to set up a nuclear project in Bihar, a move which will increase its non fossil energy portfolio, the company's Chairman and Managing Director (CMD) Gurdeep Singh said on Thursday. NTPC has also requested the state government for a land parcel at a suitable location to take forward its nuclear plans, he said addressing a session at the 'Bihar Business Connect 2024' summit here. "Looking at the future of the energy sector, nuclear (energy) is expected to become extremely important for the energy sector, 20-30 years down the line. I want to share that NTPC is now entering the nuclear energy space," Singh said. Without sharing any further details, he said NTPC will conduct a study before taking ahead the plans to set up the nuclear project in the state. On September 11, the Indian government gave its approval to the Anushakti Vidhyut Nigam Ltd (ASHVINI), a joint venture of Nuclear Power Corporation of India Ltd NPCIL (51 per cent) and NTPC (49 per cent) to
Most of the MF investments in the three companies (Swiggy, Zomato and NTPC) are likely to have happened in the primary market, with mutual funds being major investors during the IPO anchor allotments
UP-based Meja Urja Nigam Pvt Ltd (MUNPL) on Wednesday said its board has approved the first interim dividend of Rs 350 crore for the current financial year. The dividend will be paid in ratio of 50:50 to promoter entities NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) by this week, the company said in a statement. "The Board of Directors on Tuesday approved the payment of an interim dividend of Rs. 0.96 per ordinary share of Rs 10 each, totalling Rs 350 crore for the current 2024-25 fiscal year," MUNPL said. CEO Kamlesh Soni said the company is actively pursuing a significant capacity addition of 5600 megawatt (MW). MUNPL recently inaugurated an ash brick plant to produce 12 lakh environment-friendly ash bricks annually to meet the plant's in-house requirements. CFO Amit Rautela said,"This is the first interim dividend for the running financial year. It will build the promoters' and all stakeholders confidence in the company, which is a result of the strong ..
If we project forward to FY28, NGEL's current portfolio of ongoing projects with 17GW will contribute fully to earnings, with around 55 per cent annual growth in operating profit over FY2024-28
With 4,294MW of operational solar and wind capacity supported by 25-year power purchase agreements (PPAs), NTPC Green aims to add 16GW of renewable energy in the next three years
From NTPC to Wipro here is a list of stock that will be on investors' radar today