NTPC Ltd (NTPC)

NTPC Shares Surge on Joint Venture Announcement - 24 Jul, 2024

NTPC shares surge after Finance Minister Nirmala Sitharaman announces joint venture with Bharat Heavy Electricals Ltd. to set up 800 MW supercritical thermal power plants, using advanced ultra-supercritical technology. JM Financial gives BUY call for NTPC with target price of 414.

NTPC Forms JV for Advanced Power Plant; GE Power Receives Contract - 23 Jul, 2024

NTPC and BHEL will establish an 800 MW commercial power plant using AUSC technology, with fiscal support from the government. Meanwhile, GE Power India has received a Rs 348 crore contract from NTPC for Steam Turbine renovation.

Fisdom Recommends NTPC Ltd as Top Stock to Watch Tomorrow - 22 Jul, 2024

NTPC Ltd has been recommended by Fisdom as one of the top stocks to watch tomorrow, along with Tata Power Ltd and Adani Green Energy Ltd. The focus is on likely high railway spends, making IRCTC, Container Corporation of India, and Titagarh Wagons other key stocks to watch.

NTPC Among Top Picks Ahead of Budget by JM Financial - 16 Jul, 2024

NTPC is among the top stock picks recommended by JM Financial ahead of the budget due to hopes for enhanced incentives for renewable energy. Soni Patnaik, AVP of Derivative Research at JM Financial, also recommends a Bull Call Spread strategy for July Series with a target of 410/425 and stop loss at 360 for NTPC.

NTPC Signs Pact with Juniper Green Energy for Hybrid Capacity Supply - 10 Jul, 2024

NTPC has signed a pact with Juniper Green Energy for the supply of 290 MW of hybrid capacity from NTPC's Hybrid Tranche -1 project, comprising 210 MW solar and 80 MW wind across Gujarat and Rajasthan.

NTPC Appoints New Regional Executive Director; Empowers Girls Through GEM Initiative - 09 Jul, 2024

Arindam Sinha is appointed as the new Regional Executive Director for NTPC's Eastern Region-II headquarters. Meanwhile, NTPC Bongaigaon's Girl Empowerment Mission aims to empower young girls through education and mentorship.

NTPC Awards Contract to GE Power India - 08 Jul, 2024

State-owned NTPC has awarded a contract worth Rs 18.71 million plus GST to GE Power India for the supply of main turbine spares at its Talcher plant in Odisha.

NTPC Records Growth in Power Generation and Invests in Eco-Tourism Complex - 03 Jul, 2024

NTPC recorded a significant growth in power generation during Q1 FY25 and is encouraged by the Indian government to invest in adding more coal-fired power. Additionally, NTPC Simhadri has provided financial support for an eco-tourism project in Andhra Pradesh.

NTPC Reports Strong Growth in Coal Production and Dispatch - 02 Jul, 2024

State-owned NTPC Ltd reported a significant increase in coal production and dispatch during the first quarter of fiscal year 2025, with a 15% rise in coal production and a 17.2% surge in coal dispatch. The company generated 113.87 billion units in the same period, at a growth rate of 9.5%. Shares of NTPC closed 0.11% higher.

NTPC Board Approves Fundraising; Reports Growth in Coal Production - 01 Jul, 2024

NTPC's board has approved raising up to Rs 12,000 crore through bonds or NCDs. The company also reported a 15% YoY increase in coal production from captive mines during Q1 FY25.

NTPC Board Approves Plan to Raise up to Rs 12,000 Crore - 30 Jun, 2024

NTPC's board has approved a proposal to raise up to Rs 12,000 crore through the issuance of bonds and NCDs. The company posted a net profit of Rs 21,332 crore for FY2023-24, representing a close to 25% increase over the previous year.

NTPC Board Approves Fundraising Plan - 29 Jun, 2024

State-owned NTPC Limited has received approval from its board of directors to raise Rs 12,000 crore through the issuance of secured or unsecured, redeemable, taxable or tax-free non-convertible debentures. The company plans to seek approval from shareholders at the next Annual General Meeting in FY25-26.

NTPC Ltd Rises for Third Straight Session - 28 Jun, 2024

NTPC Ltd stock has risen 1.11% to Rs 381.35, while the Nifty Energy index is up 0.85%. The stock has gained around 4.59% in the last month and has a PE of 20.89 based on TTM earnings ending March 24.

NTPC Shares Recommended for Accumulation; CISF Takes Over Security Responsibilities - 27 Jun, 2024

An analyst has recommended buying and accumulating NTPC shares at current levels, while the Central Industrial Security Force (CISF) has taken over security responsibilities for the NTPC-Coal Mining Project in Hazaribagh, Jharkhand.

NTPC Plans Fundraise Through Bonds & NCDs; Aims for 60GW Renewable Capacity by 2032 - 26 Jun, 2024

NTPC plans to raise up to Rs 12,000 crore through bonds and NCDs. Additionally, the company aims to achieve 60 GW of renewable energy capacity by 2032.

NTPC Plans to Raise Funds Through NCDs - 25 Jun, 2024

State-owned power giant NTPC is planning to raise up to Rs 12,000 crore through the issuance of bonds. The proposal will be discussed in a meeting on June 29 and is subject to approval by the board and shareholders.