NTPC Ltd Share Price (NTPC)

NTPC Expected to Report Slight Revenue Growth in Q4FY24 - 17 Apr, 2024

Power generation company NTPC is expected to report a 1% YoY increase in net sales of Rs 43,600 crore in Q4FY24. EBITDA is estimated at Rs 12,600 crore and PAT flattish at Rs 4,925 crore. JM Financial has a Buy rating on NTPC with a price target of Rs 368 due to the company's impressive trend in coal production.

NTPC Stock Falls as Former Director Advocates Coal Use - 16 Apr, 2024

NTPC Ltd has fallen for a fifth consecutive session and is down 1.27% on the day. A former operations director at NTPC advocates using coal as India's strength.

NTPC Share Price Falls by 2.49% on Government's Directive to Gas-Based Power Plants - 15 Apr, 2024

The share price of NTPC fell by 2.49% after the government directed all gas-based power generating stations to operationalize their plants from May 1 to June 30 due to a likely prolonged heat wave this summer.

NTPC Subsidiaries Make Major Announcements - 12 Apr, 2024

NTPC's subsidiary, NTPC Green Energy, selects four investment banks to handle its upcoming IPO valued at Rs 10,000 crore. Meanwhile, NTPC Vidyut Vyapar Nigam Ltd. has floated a 4,000-MW power purchase tender with three companies winning the bids.

NTPC Subsidiary Plans IPO Worth ₹10,000 Crore - 11 Apr, 2024

NTPC Green Energy is set to launch an IPO worth ₹10,000 crore in FY25 to fund its renewable energy projects. The state-owned company's stock has delivered a 105% return YoY, with a 55% increase in the last six months and an 18% rise YTD.

NTPC Aims to Add 5GW Capacity in FY25 - 09 Apr, 2024

India's largest integrated power utility, NTPC Ltd, plans to add 5 GW of installed capacity in the financial year 2024-25, including 3 GW of renewable energy and 2 GW of thermal power. The company also plans to launch an IPO for its subsidiary, NTPC Green Energy, next year.

NTPC Aims for 5 GW Power Generation Capacity Addition - 08 Apr, 2024

State-owned NTPC Ltd targets adding 5 GW power generation capacity in FY25, with 3 GW from renewable energy and 2 GW from thermal energy. The company also plans to expand non-fossil-based capacity to 45-50% by 2032.

NTPC Sets Ambitious Coal Production Target - 07 Apr, 2024

NTPC aims to produce 40 million metric tonnes of coal from its captive mines for FY25, up 17% YoY. The company has implemented various measures to achieve sustained growth in coal production, including improved mine planning, equipment automation, workforce training, and continuous monitoring systems.

NTPC Faces Fire Incident and Implements Drone Inspection - 06 Apr, 2024

A fire broke out at NTPC's Kaniha thermal power plant in Odisha, while NTPC Darlipali Thermal Power Station plans to use drones for pipeline inspection.

Analyst Recommends Buying NTPC Stock - 04 Apr, 2024

Motilal Oswal Financial Services' Shivangi Sarda recommends buying NTPC stock, citing consistent support base buying over the past three weeks and positive indicators. The target price is set at 375 with a stop loss near 355 levels.

NTPC Invites Bids for Solar Power Project; Govt Announces Steps to Meet Summer Demand - 03 Apr, 2024

NTPC has invited bids for a 50 MW concentrated solar power project in India with thermal energy storage system. The Indian Government's announcement of measures to meet summer demand could also benefit NTPC.

NTPC Signs Joint Venture Agreement to Provide Land for Projects - 02 Apr, 2024

NTPC has signed a supplementary joint venture agreement with UP Rajya Vidyut Utpadan Nigam (UPRVUNL) to provide existing UPRVUNL land to the joint venture company, MUNPL, for the Obra-D and Anpara-E projects at a nominal rate of Re 1 per acre per year. The company also announced an increase in its power generation capacity by 3,924 MW in FY2023-24.

NTPC Reports Strong Growth Across Coal & Renewable Energy Sectors - 01 Apr, 2024

State-owned power giant NTPC has reported strong growth across both coal and renewable energy sectors in FY24. The company achieved an all-time high annual electricity generation of 422 billion units, added nearly 4GW generation capacity, won a record-breaking 3,445 MW of renewable energy projects, and logged a 55% growth in coal dispatch and nearly 50% expansion in output from its mines.

NTPC Ltd Stock Rises for Third Straight Session - 28 Mar, 2024

NTPC Ltd stock rose by 1.66% to Rs 337.1 on the NSE, adding around 0.45% in the last month. The benchmark NIFTY is up 1.36%, while the Sensex is up 1.28%. The PE of the stock is 17.63 based on TTM earnings ending December 23.

NTPC Group Secures $200 Million Loan from JBIC for Clean Energy Solutions - 27 Mar, 2024

State-run NTPC group has secured a foreign currency loan of JPY 30 billion ($200 million) from the Japan Bank for International Co-operation (JBIC) under its GREEN initiative. The loan will be divided equally between NTPC and its clean energy solutions arm, NTPC Renewables Energy (NREL), to fund their capex requirements for Flue Gas Desulphurization (FGD) and renewable energy projects respectively. This is the second loan extended to NTPC by JBIC in India.

NTPC Signs Pact for Foreign Currency Loans - 26 Mar, 2024

NTPC has signed a pact with Japan Bank for International Cooperation (JBIC) for sourcing foreign currency loans of USD 200 million. The loan proceeds shall be utilized by NTPC for funding part of its capex requirements for Flue Gas Desulphurization (FGD) and by NREL for funding its capex for renewable energy projects.

NTPC Plans Gas-Based Capacity Expansion Amidst Risk of Losing Power Contract - 22 Mar, 2024

NTPC Ltd plans to expand its gas-based capacity by 10,000 MW while the Telangana government risks losing 85% of power from NTPC's Telangana Super Thermal Power Project due to a lack of PPA. Additionally, NTPC and other top listed corporate consumers of water have increased their consumption by 2.6% YoY.

NTPC Issues Non-Convertible Debentures Worth Rs 1,500 Crore - 21 Mar, 2024

NTPC has issued non-convertible debentures worth Rs 1,500 crore with the aim of funding capital expenditure, refinancing existing loans, and other general corporate purposes. The stock price surged nearly 4% in intraday trade following the announcement.

NTPC Announces Debenture Issue & Thermal Project Order - 19 Mar, 2024

NTPC announces plans to issue unsecured non-convertible debentures worth Rs. 1,500 crore and awards BHEL a 1,600 MW thermal project order. The company also features in the list of top 15 large-cap dividend yield companies.