NTPC Ltd (NTPC)

NTPC Group Crosses 76 GW Installed Capacity Mark - 29 Apr, 2024

State-owned power giant NTPC Group has crossed the 76 GW-mark for installed power generation capacity with the commissioning of a 57-MW solar power energy capacity in Rajasthan. The total installed and commercial capacity of NTPC on a standalone and group basis has reached 59,135 MW and 76,015 MW, respectively.

NTPC Aims to Add 60 GW Renewable Capacity by 2032 - 28 Apr, 2024

Fitch Ratings predicts that NTPC's highest earnings growth in the next decade will come from a combination of thermal and renewable generation. NTPC has set a target of adding 60 gigawatts of renewable capacity by 2032.

NTPC Signs MoU with RINL for Limestone Supply - 25 Apr, 2024

NTPC has signed an MoU with Rashtriya Ispat Nigam Limited (RINL) to receive 9 lakh metric tonnes of limestone for five years. The limestone will be used as a raw material for the flue-gas desulphurisation system being installed at NTPC's coal-based thermal plants, reducing sulphur dioxide emissions.

NTPC Signs Deals for Renewable Energy Projects - 22 Apr, 2024

NTPC Green Energy signed a pact with Indus Towers to create a joint venture aimed at exploring renewable energy projects, while the company awarded a 700 MW solar power project to JSW Neo Energy. A massive fire broke out at NTPC's North Karanpura superthermal power plant in Jharkhand.

BJP Opposes NTPC's Plan for Additional Water Pipeline - 21 Apr, 2024

NTPC had planned to lay a third pipeline from Ujani Dam to its Solapur plant, which would have provided an additional 100 MLD water to the city. However, after Congress lost power, BJP opposed the plan and it ultimately collapsed.

NTPC Subsidiary Signs Pact for Renewable Energy Projects; Fire Breaks Out at Power Plant - 19 Apr, 2024

NTPC subsidiary, NTPC Green Energy, signs pacts with Indus Towers to explore joint development of renewable energy-based power projects. Meanwhile, a fire broke out at NTPC's North Karanpura superthermal power plant in Jharkhand's Chatra district. Kotak Institutional Equities gives Sell rating on 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.