NTPC Ltd (NTPC)

Worker's Death Triggers Strike at NTPC Power Plant - 15 May, 2024

Workers went on strike at the NTPC power plant in Kudgi after a 32-year-old worker died, demanding proper compensation for his family. A case has been registered.

NTPC Receives Environmental Excellence Award and Trades in Green Territory - 14 May, 2024

NTPC Ltd's Simhadri plant has been awarded the Green-leaf Platinum award for environmental excellence for the third time. Additionally, NTPC was among the top gainers on the Sensex, trading in the green territory during opening trade.

NTPC Green Energy Plans IPO in FY25 - 13 May, 2024

NTPC Green Energy aims to launch a Rs 10,000 crore IPO by November 2024, divesting 25% of its green energy division to the public for expansion of non-fossil fuel ventures. The company has finalized investment bankers and will draft a DRHP by July.

NTPC to Award EPC Contract for NSPCL's First Solar Project - 12 May, 2024

NTPC is set to award the Engineering, Procurement, and Construction (EPC) contract for NSPCL's first solar project. The project will open avenues of green energy portfolio for NSPCL while helping SAIL in green steel production.

ReNew Energy Signs 800 MW Solar PPA with NTPC Ltd - 10 May, 2024

Nasdaq-listed ReNew Energy has signed three solar power purchase agreements (PPAs) totalling 800 MW with NTPC Ltd, DVC, and SECI at a weighted average tariff of ₹2.59 per kWh.

NTPC Demonstrates Commitment Towards Decarbonisation; Signs MoU For Renewable Energy Projects - 09 May, 2024

NTPC's subsidiary, NTPC Green Energy, signed an MoU with Mahatma Phule Renewable Energy and Infrastructure Technology for developing renewable energy power parks and projects. Additionally, NTPC achieved a new milestone by successfully demonstrating co-firing of 20% torrefied biomass at Tanda thermal plant in Uttar Pradesh. Despite this, shares fell around 3% in Thursday's trading session.

NTPC Signs Renewable Energy Deals - 08 May, 2024

NTPC's subsidiary, NTPC Green Energy, signs agreements with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) and Indus Towers to develop up to 10 GW of renewable energy capacity in Maharashtra. Analysts recommend NTPC and Power Grid as top picks.

NTPC Ltd Gains for Third Straight Session - 02 May, 2024

NTPC Ltd has gained for a third straight session, up 1.65% on the day and around 5.11% in the last one month. The stock is currently quoting at Rs 369.2.

GE Power India Receives Purchase Order from NTPC-SAIL and NTPC Ltd - 01 May, 2024

NTPC-SAIL Power Company Limited and NTPC Ltd have awarded GE Power India a purchase order for turbine spares and steam turbine inspection, respectively. The orders are worth Rs 5,99,97,526 plus GST 18% and Rs 5,98,85,000 plus GST 18%, respectively.

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.