NTPC
New to Zerodha? Sign-up for free.
New to Zerodha? Sign-up for free.
Get instant stock alerts
- Share Price
- Financials
- Revenue mix
- Shareholdings
- Peers
- Forensics
Share Price
Coming soon
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
Financials
-
Summary
-
Profit & Loss
-
Balance sheet
-
Cashflow
This data is currently unavailable for this company.
| (In Cr.) |
|---|
| (In Cr.) | ||||
|---|---|---|---|---|
|
This data is currently unavailable for this company. |
| (In %) |
|---|
| (In Cr.) |
|---|
| Financial Year (In Cr.) |
|---|
Revenue mix
-
Product wise
-
Location wise
Revenue Mix
This data is currently unavailable for this company.
Revenue Mix
This data is currently unavailable for this company.
Forensics
Recent events
-
News
-
Corporate Actions
May 29 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - DECLARES COMMERCIAL OPERATION OF 34.4 MW AT RAMAGUNDAM SOLAR PV PROJECT EFFECTIVE 29 MAY 2026
Source text: ID:nBSE5Pj4pF
Further company coverage: NTPC.NS
(([email protected];))
May 29 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - DECLARES COMMERCIAL OPERATION OF 34.4 MW AT RAMAGUNDAM SOLAR PV PROJECT EFFECTIVE 29 MAY 2026
Source text: ID:nBSE5Pj4pF
Further company coverage: NTPC.NS
(([email protected];))
** Renewable energy generator NTPC Green Energy NTPG.NS falls 2.2% to 102.15 rupees
** Q4 consolidated net profit drops 15.5%, revenue from operations rises 46.7% from a year earlier
** Elara Capital downgrades to "sell"; says profitability impacted by a 54% Y/Y increase in depreciation, a 46% rise in finance costs, and a 77% decline in other income
** Ambit Capital says NPTC-G has been stuck in a loop, adding there's been limited growth in the pipeline over the past few quarters
** Centrum says growth visibility remains healthy with strong regulatory tailwinds favouring renewable energy projects, while execution timelines and debt levels remain key monitorables
** Five of 6 brokerages rate the stock "buy" or higher; their median PT is 110 rupees
** YTD, stock up 6.9% vs 14.8% rise in Nifty Energy Index .NIFTYENR
(Reporting by Abhinav Parmar in Bengaluru)
(([email protected];))
** Renewable energy generator NTPC Green Energy NTPG.NS falls 2.2% to 102.15 rupees
** Q4 consolidated net profit drops 15.5%, revenue from operations rises 46.7% from a year earlier
** Elara Capital downgrades to "sell"; says profitability impacted by a 54% Y/Y increase in depreciation, a 46% rise in finance costs, and a 77% decline in other income
** Ambit Capital says NPTC-G has been stuck in a loop, adding there's been limited growth in the pipeline over the past few quarters
** Centrum says growth visibility remains healthy with strong regulatory tailwinds favouring renewable energy projects, while execution timelines and debt levels remain key monitorables
** Five of 6 brokerages rate the stock "buy" or higher; their median PT is 110 rupees
** YTD, stock up 6.9% vs 14.8% rise in Nifty Energy Index .NIFTYENR
(Reporting by Abhinav Parmar in Bengaluru)
(([email protected];))
Adds details, background
By Sethuraman N R
NEW DELHI, May 13 (Reuters) - India's cabinet approved a 375 billion rupee ($3.92 billion) scheme to boost coal gasification projects, reducing reliance on imported fuels and channelling domestic coal into cleaner industrial uses, Information Minister Ashwini Vaishnaw said.
The cabinet decision seeks to encourage the conversion of coal into synthetic gas that can be used to produce power, fertiliser, petrochemical among other industrial applications.
That, in turn, would help reduce India's imports of liquefied natural gas (LNG), urea, ammonia and methanol, Vaishnaw said on Wednesday.
The scheme comes as India's gas imports have been impacted by the Middle East crisis.
Several countries, including the United States and China, are also exploring coal gasification technologies as part of efforts to cut emissions while continuing to rely on coal for energy security.
India, which has one of the world's largest coal reserves of 401 billion tons and 47 billion tons of lignite, aims to gasify about 75 million metric tons of coal annually, Vaishnaw said, with the scheme expected to bring investments of about 3 trillion rupees.
Under the plan, the government will provide financial assistance of around 20% of the cost of plant and machinery.
Interest in the sector is expanding among power producers. State-run power producer NTPC is looking to enter the coal gasification business, with plans to produce between 5 million and 10 million tonnes per annum of synthetic gas over the next three to four years, Reuters reported last year.
India had in 2024 approved an 85-billion-rupee coal gasification incentive scheme.
($1 = 95.7700 Indian rupees)
(Reporting by Sethuraman NR, Hritam Mukherjee and CK Nayak
Editing by Bernadette Baum)
(([email protected]; @MukherjeeHritam;))
Adds details, background
By Sethuraman N R
NEW DELHI, May 13 (Reuters) - India's cabinet approved a 375 billion rupee ($3.92 billion) scheme to boost coal gasification projects, reducing reliance on imported fuels and channelling domestic coal into cleaner industrial uses, Information Minister Ashwini Vaishnaw said.
The cabinet decision seeks to encourage the conversion of coal into synthetic gas that can be used to produce power, fertiliser, petrochemical among other industrial applications.
That, in turn, would help reduce India's imports of liquefied natural gas (LNG), urea, ammonia and methanol, Vaishnaw said on Wednesday.
The scheme comes as India's gas imports have been impacted by the Middle East crisis.
Several countries, including the United States and China, are also exploring coal gasification technologies as part of efforts to cut emissions while continuing to rely on coal for energy security.
India, which has one of the world's largest coal reserves of 401 billion tons and 47 billion tons of lignite, aims to gasify about 75 million metric tons of coal annually, Vaishnaw said, with the scheme expected to bring investments of about 3 trillion rupees.
Under the plan, the government will provide financial assistance of around 20% of the cost of plant and machinery.
Interest in the sector is expanding among power producers. State-run power producer NTPC is looking to enter the coal gasification business, with plans to produce between 5 million and 10 million tonnes per annum of synthetic gas over the next three to four years, Reuters reported last year.
India had in 2024 approved an 85-billion-rupee coal gasification incentive scheme.
($1 = 95.7700 Indian rupees)
(Reporting by Sethuraman NR, Hritam Mukherjee and CK Nayak
Editing by Bernadette Baum)
(([email protected]; @MukherjeeHritam;))
May 7 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - SIGNED AGREEMENT WITH MUNICIPAL CORPORATION OF DELHI AND NTPC EDMC WASTE SOLUTIONS
NTPC - AGREEMENT FOR TERMINATION OF JOINT VENTURE AGREEMENT
Source text: ID:nBSE1bYDmb
Further company coverage: NTPC.NS
(([email protected];))
May 7 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - SIGNED AGREEMENT WITH MUNICIPAL CORPORATION OF DELHI AND NTPC EDMC WASTE SOLUTIONS
NTPC - AGREEMENT FOR TERMINATION OF JOINT VENTURE AGREEMENT
Source text: ID:nBSE1bYDmb
Further company coverage: NTPC.NS
(([email protected];))
By Sethuraman N R
NEW DELHI, April 27 (Reuters) - India ramped up coal and gas-fired power generation last week as peak demand hit a record 256.1 gigawatts (GW) over the weekend amid a heatwave, official data showed.
India's peak power demand rose to a record 256.1 GW on April 25, up from the previous day's record of 252.08 GW, federal grid data showed.
India operated about 9.6 GW of gas-fired capacity and ramped up coal-fired generation to around 187 GW, Grid-India data showed.
NTPC, India's top thermal power producer, is procuring gas through the Indian Gas Exchange and operating plants as advised by Grid-India, an official said.
Forecasts of the strongest El Nino weather phenomenon in a decade are expected to drive hotter, drier weather across Asia.
India expects peak power demand to reach around 270 GW this year and is confident of meeting it.
India is likely to rely more on coal and has deferred maintenance of nearly 10,000 megawatts of coal-fired capacity to July.
(Reporting by Sethuraman NR; Editing by Mayank Bhardwaj and Emelia Sithole-Matarise)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
By Sethuraman N R
NEW DELHI, April 27 (Reuters) - India ramped up coal and gas-fired power generation last week as peak demand hit a record 256.1 gigawatts (GW) over the weekend amid a heatwave, official data showed.
India's peak power demand rose to a record 256.1 GW on April 25, up from the previous day's record of 252.08 GW, federal grid data showed.
India operated about 9.6 GW of gas-fired capacity and ramped up coal-fired generation to around 187 GW, Grid-India data showed.
NTPC, India's top thermal power producer, is procuring gas through the Indian Gas Exchange and operating plants as advised by Grid-India, an official said.
Forecasts of the strongest El Nino weather phenomenon in a decade are expected to drive hotter, drier weather across Asia.
India expects peak power demand to reach around 270 GW this year and is confident of meeting it.
India is likely to rely more on coal and has deferred maintenance of nearly 10,000 megawatts of coal-fired capacity to July.
(Reporting by Sethuraman NR; Editing by Mayank Bhardwaj and Emelia Sithole-Matarise)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
April 17 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - NTPC GREEN ENERGY DECLARES COD FOR 150 MW SOLAR IN RAJASTHAN EFFECTIVE APRIL 18, 2026
Source text: ID:nBSE6zBlPL
Further company coverage: NTPC.NS
(([email protected];))
April 17 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - NTPC GREEN ENERGY DECLARES COD FOR 150 MW SOLAR IN RAJASTHAN EFFECTIVE APRIL 18, 2026
Source text: ID:nBSE6zBlPL
Further company coverage: NTPC.NS
(([email protected];))
** Shares of India's NTPC NTPC.NS down 1.54% at 373.25 rupees
** Stock falls after the power utility's chairman says coal-fired plants are struggling due to surplus renewable generation
** Adds that some gas-based plants are operating at barely double-digit capacity
** Twenty-four analysts, on average, have rated NTPC "buy", with a median target price of 426 rupees, according to data compiled by LSEG data
** YTD, NTPC stock up ~15%
(Reporting by Devika Nair in Bengaluru)
(([email protected];))
** Shares of India's NTPC NTPC.NS down 1.54% at 373.25 rupees
** Stock falls after the power utility's chairman says coal-fired plants are struggling due to surplus renewable generation
** Adds that some gas-based plants are operating at barely double-digit capacity
** Twenty-four analysts, on average, have rated NTPC "buy", with a median target price of 426 rupees, according to data compiled by LSEG data
** YTD, NTPC stock up ~15%
(Reporting by Devika Nair in Bengaluru)
(([email protected];))
April 8 (Reuters) - NTPC Ltd NTPC.NS:
CEA UPRATES DADRI THERMAL POWER STATION UNITS 5 AND 6 TO 500 MW EACH EFFECTIVE APRIL 7 2026
Source text: ID:nBSE2qpwG4
Further company coverage: NTPC.NS
(([email protected];;))
April 8 (Reuters) - NTPC Ltd NTPC.NS:
CEA UPRATES DADRI THERMAL POWER STATION UNITS 5 AND 6 TO 500 MW EACH EFFECTIVE APRIL 7 2026
Source text: ID:nBSE2qpwG4
Further company coverage: NTPC.NS
(([email protected];;))
April 1 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - SECURES BESS EPC ORDER FROM NTPC FOR 200 MW / 400 MWH DEPLOYMENT
PACE DIGITEK LTD - CONTRACT VALUED AT 4.95 BILLION RUPEES
Source text: ID:nBSE2M1p6x
Further company coverage: PACD.NS
(([email protected];))
April 1 (Reuters) - Pace Digitek Ltd PACD.NS:
PACE DIGITEK LTD - SECURES BESS EPC ORDER FROM NTPC FOR 200 MW / 400 MWH DEPLOYMENT
PACE DIGITEK LTD - CONTRACT VALUED AT 4.95 BILLION RUPEES
Source text: ID:nBSE2M1p6x
Further company coverage: PACD.NS
(([email protected];))
March 30 (Reuters) - Enviro Infra Engineers Ltd ENVI.NS:
ENVIRO INFRA ENGINEERS LTD - RECEIVES LOA FROM NTPC FOR BESS PROJECTS IN TWO STATES
ENVIRO INFRA ENGINEERS LTD - CONTRACT SIZE IS 4.06 BILLION RUPEES EXCLUDING GST
Source text: ID:nBSE945316
Further company coverage: ENVI.NS
(([email protected];))
March 30 (Reuters) - Enviro Infra Engineers Ltd ENVI.NS:
ENVIRO INFRA ENGINEERS LTD - RECEIVES LOA FROM NTPC FOR BESS PROJECTS IN TWO STATES
ENVIRO INFRA ENGINEERS LTD - CONTRACT SIZE IS 4.06 BILLION RUPEES EXCLUDING GST
Source text: ID:nBSE945316
Further company coverage: ENVI.NS
(([email protected];))
Plan seeks to cut minimum coal output to 40% from 55%
Regulators yet to agree on coal compensation rules
Delay risks wasted solar investment, higher emissions
Top coal user China has more ambitious plans to cut
By Sudarshan Varadhan
SINGAPORE, March 25 (Reuters) - India has pushed back by a year its plan for coal-fired power plants to lower output when solar generation is high, as regulators work out how to compensate for the higher costs of retrofitting entailed, documents reviewed by Reuters show.
Analysts say lack of flexible generation of coal power as India expands renewable capacity threatens to waste green investments, swell compensation costs and boost emissions from greater coal use that could otherwise have been avoided.
The move comes at a time when the world's second largest user of coal is curbing solar output for lack of dedicated transmission lines, while coal-fired capacity wrestles with operational constraints.
Solar generators told to cut output as India's coal plants could not ramp down could get compensation of as much as $76 million for the eight months ended December, energy think-tank Ember estimates, a cost that will be passed on to consumers.
Government officials blamed the delay of a year on the absence of rules to compensate coal plants for higher costs of maintenance and retrofitting needed to cut the minimum use rate to 40% from 55%, the minutes of a January 16 meeting showed.
Retrofitting coal plants would swell tariffs by as little as 0.28 rupees to 0.60 rupees per kilowatt-hour, versus 5.76 rupees to 6.04 rupees for battery storage, making flexible coal at least 10 times cheaper, the Central Electricity Authority (CEA) said at the meeting.
India's power ministry did not respond to requests seeking comment.
CHINA'S MORE AMBITIOUS COAL PHASEDOWN
Unveiled in 2023 with its first phase making slow progress, the plan is less ambitious than efforts by China, which last year cut the minimum coal plant utilisation rate to a range of 25% to 40% from 50% to 60% to boost renewables use.
Indian state coal plant operator NTPC NTPC.NS warned the January meeting against "accelerated wear and tear of critical equipment" that stems from operating at minimum loads of 40%.
NTPC urged "detailed studies" on ways to cut use to avoid such damage, adding that its new project contracts included the 40% requirement.
But CEA officials responded that other countries' coal plants running at lower levels of output have been shown to operate safely if properly retrofitted.
The federal regulator has yet to approve the higher maintenance costs proposed by CEA, citing lack of operational data, the agency's presentation showed.
Senior officials of the federal power ministry, CEA, the federal regulator, the grid operator, NTPC and industry lobby group Association of Power Producers agreed to study the impact of the plan based on latest cost estimates, the minutes showed.
(Reporting by Sudarshan Varadhan; Editing by Clarence Fernandez)
(([email protected]; +65 91164984;))
Plan seeks to cut minimum coal output to 40% from 55%
Regulators yet to agree on coal compensation rules
Delay risks wasted solar investment, higher emissions
Top coal user China has more ambitious plans to cut
By Sudarshan Varadhan
SINGAPORE, March 25 (Reuters) - India has pushed back by a year its plan for coal-fired power plants to lower output when solar generation is high, as regulators work out how to compensate for the higher costs of retrofitting entailed, documents reviewed by Reuters show.
Analysts say lack of flexible generation of coal power as India expands renewable capacity threatens to waste green investments, swell compensation costs and boost emissions from greater coal use that could otherwise have been avoided.
The move comes at a time when the world's second largest user of coal is curbing solar output for lack of dedicated transmission lines, while coal-fired capacity wrestles with operational constraints.
Solar generators told to cut output as India's coal plants could not ramp down could get compensation of as much as $76 million for the eight months ended December, energy think-tank Ember estimates, a cost that will be passed on to consumers.
Government officials blamed the delay of a year on the absence of rules to compensate coal plants for higher costs of maintenance and retrofitting needed to cut the minimum use rate to 40% from 55%, the minutes of a January 16 meeting showed.
Retrofitting coal plants would swell tariffs by as little as 0.28 rupees to 0.60 rupees per kilowatt-hour, versus 5.76 rupees to 6.04 rupees for battery storage, making flexible coal at least 10 times cheaper, the Central Electricity Authority (CEA) said at the meeting.
India's power ministry did not respond to requests seeking comment.
CHINA'S MORE AMBITIOUS COAL PHASEDOWN
Unveiled in 2023 with its first phase making slow progress, the plan is less ambitious than efforts by China, which last year cut the minimum coal plant utilisation rate to a range of 25% to 40% from 50% to 60% to boost renewables use.
Indian state coal plant operator NTPC NTPC.NS warned the January meeting against "accelerated wear and tear of critical equipment" that stems from operating at minimum loads of 40%.
NTPC urged "detailed studies" on ways to cut use to avoid such damage, adding that its new project contracts included the 40% requirement.
But CEA officials responded that other countries' coal plants running at lower levels of output have been shown to operate safely if properly retrofitted.
The federal regulator has yet to approve the higher maintenance costs proposed by CEA, citing lack of operational data, the agency's presentation showed.
Senior officials of the federal power ministry, CEA, the federal regulator, the grid operator, NTPC and industry lobby group Association of Power Producers agreed to study the impact of the plan based on latest cost estimates, the minutes showed.
(Reporting by Sudarshan Varadhan; Editing by Clarence Fernandez)
(([email protected]; +65 91164984;))
India File is published every Tuesday. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here.
March 24 - By Nidhi C Sai, Editor Online Production, with global Reuters staff
India is bracing for a torrid summer just as the Middle East conflict upends global fuel flows, forcing New Delhi to try every trick in the book to meet peak demand for electricity. That includes accelerating coal power generation, bringing wind power projects to the grid, and speeding up completion of battery energy storage projects.
But with coal producing as much as 75% of its electricity, how India manages the resource will largely determine whether blackouts will be the norm or the exception over the next few months. After cooking gas, will a paucity of power be the next big disrupting factor in the lives of millions of Indians? That’s our focus this week.
And, India's proposal to preload national ID app Aadhaar on smartphones faces pushback. Scroll down for more on that.
THIS WEEK IN ASIA
Japan's core inflation slows below BOJ target, complicates rate communication
China pledges more balanced trade and further opening of the economy after record surplus
Kim Jong Un says North Korea’s nuclear status is irreversible, threatens South
Australia, EU seal long-awaited trade deal amid global trade tensions
Vietnam Communist Party meets, with new state leaders set to be nominated
LOVE AFFAIR WITH COAL REKINDLED
A hotter-than-normal summer beckons, with the Indian meteorological service predicting an above-average number of heatwave days in April-June this year. Power demand is expected to touch a record 270 gigawatts during the season, government estimates show.
While the summer months would even otherwise stretch the country’s power system during peak demand, what has made the situation acute this year is the Middle East conflict, which has squeezed gas supplies. While gas accounts for only around 2% of its total power generation, India uses about 8 GW of gas power during peak-demand periods or heat waves.
That has sent New Delhi and states scrambling to shore up coal-fired power, which the South Asian nation is trying to reduce over the longer term as it meets its decarbonisation commitments.
The western state of Gujarat set the ball rolling by approving last week a revised power supply pact with Tata Power TTPW.NS and clearing the way for the company to resume long-term supply from its 4 GW Mundra power plant. Built to run on imported coal, the plant has sat idle for months as government compensation rules expired.
The central government has now mandated the Mundra power plant to run at full capacity from April 1 to June 30 and could extend the directive to other plants running on imported coal depending on the demand.
India is the world's second-largest producer and consumer of coal. It has 210 million tons of coal stock, enough for 88 days of consumption, and the government has instructed coal-based utilities to avoid outages, bring units back from maintenance and be ready to run flat-out.
Prime Minister Narendra Modi said on Monday that India has adequate coal supplies to meet rising electricity demand despite energy disruptions triggered by the Middle East conflict.
Gas is the weak link. India has invoked emergency clauses to divert scarce gas to households and fertiliser plants.
Read our last India File edition which looks at the struggle by households and businesses to adapt to the cooking gas supply crunch.
Gas supplies from Qatar and Abu Dhabi have been hit by the U.S.-Israeli war on Iran, forcing suppliers to declare force majeure and freezing India's summer liquefied natural gas (LNG) tenders. And top utility NTPC NTPC.NS says it cannot offer gas-fired generation during April-June.
The Middle East conflict has forced Asian utilities from Bangladesh to Japan to switch back to coal as LNG prices double and shipments through the Strait of Hormuz stall.
OPTIMISM ON BATTERY POWER
Longer term, India's National Generation Adequacy Plan forecasts a quadrupling of solar and tripling of wind by 2035-36, pushing non-fossil capacity to 786 GW and reducing coal’s share of generation to below 50%.
That transition assumes sharp growth in storage, with pumped hydro expected to surge 13-fold and battery storage to hit 80 GW by 2035-36 from 0.27 GW currently.
The growth potential is already drawing heavyweight interest. Tesla TSLA.O has begun recruiting for its India energy-storage business, joining the Reliance and Adani groups in building utility-scale storage.
The government is also working on speeding up completion of battery energy-storage projects to meet demand in summer evenings, when solar generation fades but cooling demand from households remains high.
"About 2.5 gigawatt hours of battery storage is already under commissioning, and we hope that gets commissioned very fast," Power Secretary Pankaj Agarwal told Reuters.
India’s all-fuels-on-deck mobilisation - coal at maximum output, renewables eased into the grid, and storage accelerated - is its first stress test of what a power system looks like when hit by the double whammy of climate and geopolitical volatility.
What does a truly secure power system look like for India? Write to me at [email protected]
MARKET MATTERS
Foreign selling in Indian equities surged in early March, with financial stocks leading the heaviest fortnightly outflows in 17 months and dragging the Nifty 50 .NSEI to its worst two-week stretch since the COVID-19 market rout of March 2020.
Read this report by Reuters journalist Bharath Rajeswaran.
THIS WEEK'S MUST READ
India’s government privately proposed that smartphone makers such as Apple AAPL.O, Samsung 005930.KS and Google consider pre-installing the Aadhaar identification app on devices to expand access, but the move faced strong pushback from industry groups citing security, cost and production concerns.
Companies argued mandatory preloads would require separate manufacturing lines and offer limited public benefit, highlighting growing tensions between New Delhi and tech firms over government-backed apps on smartphones.
Read this exclusive report by Reuters journalists Aditya Kalra and Munsif Vengattil.
India's Nifty 50 posts steepest fortnightly decline in six years in first half of March 2026 https://reut.rs/47CeYF2
(Reporting by Nidhi C Sai; Editing by Muralikumar Anantharaman)
(([email protected]; +91 70456 55251))
India File is published every Tuesday. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here.
March 24 - By Nidhi C Sai, Editor Online Production, with global Reuters staff
India is bracing for a torrid summer just as the Middle East conflict upends global fuel flows, forcing New Delhi to try every trick in the book to meet peak demand for electricity. That includes accelerating coal power generation, bringing wind power projects to the grid, and speeding up completion of battery energy storage projects.
But with coal producing as much as 75% of its electricity, how India manages the resource will largely determine whether blackouts will be the norm or the exception over the next few months. After cooking gas, will a paucity of power be the next big disrupting factor in the lives of millions of Indians? That’s our focus this week.
And, India's proposal to preload national ID app Aadhaar on smartphones faces pushback. Scroll down for more on that.
THIS WEEK IN ASIA
Japan's core inflation slows below BOJ target, complicates rate communication
China pledges more balanced trade and further opening of the economy after record surplus
Kim Jong Un says North Korea’s nuclear status is irreversible, threatens South
Australia, EU seal long-awaited trade deal amid global trade tensions
Vietnam Communist Party meets, with new state leaders set to be nominated
LOVE AFFAIR WITH COAL REKINDLED
A hotter-than-normal summer beckons, with the Indian meteorological service predicting an above-average number of heatwave days in April-June this year. Power demand is expected to touch a record 270 gigawatts during the season, government estimates show.
While the summer months would even otherwise stretch the country’s power system during peak demand, what has made the situation acute this year is the Middle East conflict, which has squeezed gas supplies. While gas accounts for only around 2% of its total power generation, India uses about 8 GW of gas power during peak-demand periods or heat waves.
That has sent New Delhi and states scrambling to shore up coal-fired power, which the South Asian nation is trying to reduce over the longer term as it meets its decarbonisation commitments.
The western state of Gujarat set the ball rolling by approving last week a revised power supply pact with Tata Power TTPW.NS and clearing the way for the company to resume long-term supply from its 4 GW Mundra power plant. Built to run on imported coal, the plant has sat idle for months as government compensation rules expired.
The central government has now mandated the Mundra power plant to run at full capacity from April 1 to June 30 and could extend the directive to other plants running on imported coal depending on the demand.
India is the world's second-largest producer and consumer of coal. It has 210 million tons of coal stock, enough for 88 days of consumption, and the government has instructed coal-based utilities to avoid outages, bring units back from maintenance and be ready to run flat-out.
Prime Minister Narendra Modi said on Monday that India has adequate coal supplies to meet rising electricity demand despite energy disruptions triggered by the Middle East conflict.
Gas is the weak link. India has invoked emergency clauses to divert scarce gas to households and fertiliser plants.
Read our last India File edition which looks at the struggle by households and businesses to adapt to the cooking gas supply crunch.
Gas supplies from Qatar and Abu Dhabi have been hit by the U.S.-Israeli war on Iran, forcing suppliers to declare force majeure and freezing India's summer liquefied natural gas (LNG) tenders. And top utility NTPC NTPC.NS says it cannot offer gas-fired generation during April-June.
The Middle East conflict has forced Asian utilities from Bangladesh to Japan to switch back to coal as LNG prices double and shipments through the Strait of Hormuz stall.
OPTIMISM ON BATTERY POWER
Longer term, India's National Generation Adequacy Plan forecasts a quadrupling of solar and tripling of wind by 2035-36, pushing non-fossil capacity to 786 GW and reducing coal’s share of generation to below 50%.
That transition assumes sharp growth in storage, with pumped hydro expected to surge 13-fold and battery storage to hit 80 GW by 2035-36 from 0.27 GW currently.
The growth potential is already drawing heavyweight interest. Tesla TSLA.O has begun recruiting for its India energy-storage business, joining the Reliance and Adani groups in building utility-scale storage.
The government is also working on speeding up completion of battery energy-storage projects to meet demand in summer evenings, when solar generation fades but cooling demand from households remains high.
"About 2.5 gigawatt hours of battery storage is already under commissioning, and we hope that gets commissioned very fast," Power Secretary Pankaj Agarwal told Reuters.
India’s all-fuels-on-deck mobilisation - coal at maximum output, renewables eased into the grid, and storage accelerated - is its first stress test of what a power system looks like when hit by the double whammy of climate and geopolitical volatility.
What does a truly secure power system look like for India? Write to me at [email protected]
MARKET MATTERS
Foreign selling in Indian equities surged in early March, with financial stocks leading the heaviest fortnightly outflows in 17 months and dragging the Nifty 50 .NSEI to its worst two-week stretch since the COVID-19 market rout of March 2020.
Read this report by Reuters journalist Bharath Rajeswaran.
THIS WEEK'S MUST READ
India’s government privately proposed that smartphone makers such as Apple AAPL.O, Samsung 005930.KS and Google consider pre-installing the Aadhaar identification app on devices to expand access, but the move faced strong pushback from industry groups citing security, cost and production concerns.
Companies argued mandatory preloads would require separate manufacturing lines and offer limited public benefit, highlighting growing tensions between New Delhi and tech firms over government-backed apps on smartphones.
Read this exclusive report by Reuters journalists Aditya Kalra and Munsif Vengattil.
India's Nifty 50 posts steepest fortnightly decline in six years in first half of March 2026 https://reut.rs/47CeYF2
(Reporting by Nidhi C Sai; Editing by Muralikumar Anantharaman)
(([email protected]; +91 70456 55251))
March 19 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - SIGNS MOU WITH OCTOPUS ENERGY GROUP FOR STRATEGIC COLLABORATION
Further company coverage: NTPC.NS
(([email protected];))
March 19 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - SIGNS MOU WITH OCTOPUS ENERGY GROUP FOR STRATEGIC COLLABORATION
Further company coverage: NTPC.NS
(([email protected];))
March 10 (Reuters) - NTPC Ltd NTPC.NS:
DECLARATION OF COD OF SECOND PART CAPACITY OF 91.6 MW OUT OF 250 MW SOLAR PV PROJECT LOCATED IN ANDHRA PRADESH
Source text: ID:nNSE7Gd3kt
Further company coverage: NTPC.NS
(([email protected];))
March 10 (Reuters) - NTPC Ltd NTPC.NS:
DECLARATION OF COD OF SECOND PART CAPACITY OF 91.6 MW OUT OF 250 MW SOLAR PV PROJECT LOCATED IN ANDHRA PRADESH
Source text: ID:nNSE7Gd3kt
Further company coverage: NTPC.NS
(([email protected];))
MUMBAI, March 9 (Reuters) - India's North Eastern Electric Power Corporation (NEEPCO) accepted bids worth 4 billion rupees ($43.32 million) for the sale of staggered redemption bonds maturing in 10 years, three bankers said on Monday.
The state-run firm will pay a coupon of 7.74% and had invited commitment bids for the issue earlier in the day, they said. The bonds will have a call option after five years, they added.
NEEPCO did not respond to a Reuters email seeking comment.
Here is the list of deals reported so far on March 9:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
NEEPCO Staggered Redemption Bonds | 10 years | 7.59 | 4 | March 9 | AA (Care, India Ratings) |
IIFL Finance | 1 year 15 days | 8.60 | 5 | March 9 | AA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 92.3350 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Janane Venkatraman)
MUMBAI, March 9 (Reuters) - India's North Eastern Electric Power Corporation (NEEPCO) accepted bids worth 4 billion rupees ($43.32 million) for the sale of staggered redemption bonds maturing in 10 years, three bankers said on Monday.
The state-run firm will pay a coupon of 7.74% and had invited commitment bids for the issue earlier in the day, they said. The bonds will have a call option after five years, they added.
NEEPCO did not respond to a Reuters email seeking comment.
Here is the list of deals reported so far on March 9:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
NEEPCO Staggered Redemption Bonds | 10 years | 7.59 | 4 | March 9 | AA (Care, India Ratings) |
IIFL Finance | 1 year 15 days | 8.60 | 5 | March 9 | AA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 92.3350 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Janane Venkatraman)
MUMBAI, March 5 (Reuters) - India's North Eastern Electric Power Corporation (NEEPCO) plans to raise at least 7.5 billion rupees ($81.85 million), including a greenshoe option of 5 billion rupees, through the sale of staggered redemption bonds maturing in 10 years, three bankers said on Thursday.
The state-run firm invited coupon and commitment bids for the issue on Monday, they said. The bonds will have a call option after five years, they added.
NEEPCO did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on March 5:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
NEEPCO Staggered Redemption Bonds | 10 years | To be decided | 2.5+5 | March 9 | AA (Care, India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 91.6275 Indian rupees)
(Reporting by Dharamraj Dhutia, Khushi Malhotra; Editing by Harikrishnan Nair)
MUMBAI, March 5 (Reuters) - India's North Eastern Electric Power Corporation (NEEPCO) plans to raise at least 7.5 billion rupees ($81.85 million), including a greenshoe option of 5 billion rupees, through the sale of staggered redemption bonds maturing in 10 years, three bankers said on Thursday.
The state-run firm invited coupon and commitment bids for the issue on Monday, they said. The bonds will have a call option after five years, they added.
NEEPCO did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on March 5:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
NEEPCO Staggered Redemption Bonds | 10 years | To be decided | 2.5+5 | March 9 | AA (Care, India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 91.6275 Indian rupees)
(Reporting by Dharamraj Dhutia, Khushi Malhotra; Editing by Harikrishnan Nair)
Feb 27 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - GETS TOTAL TAX DEMAND FOR 199.7 MILLION RUPEES
Source text: ID:nBSE7q4p8y
Further company coverage: NTPC.NS
(([email protected];))
Feb 27 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - GETS TOTAL TAX DEMAND FOR 199.7 MILLION RUPEES
Source text: ID:nBSE7q4p8y
Further company coverage: NTPC.NS
(([email protected];))
Feb 26 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - FIRST PART CAPACITY OF 50 MW OUT OF 200 MW DAYAPAR WIND ENERGY PROJECT OF UNIT DECLARED ON COMMERCIAL OPERATION
Source text: ID:nNSEbYPWbk
Further company coverage: NTPC.NS
(([email protected];))
Feb 26 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - FIRST PART CAPACITY OF 50 MW OUT OF 200 MW DAYAPAR WIND ENERGY PROJECT OF UNIT DECLARED ON COMMERCIAL OPERATION
Source text: ID:nNSEbYPWbk
Further company coverage: NTPC.NS
(([email protected];))
Feb 25 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - GROUP INSTALLED CAPACITY NOW 88,132 MW
Source text: ID:nBSEcfCWH5
Further company coverage: NTPC.NS
(([email protected];))
Feb 25 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - GROUP INSTALLED CAPACITY NOW 88,132 MW
Source text: ID:nBSEcfCWH5
Further company coverage: NTPC.NS
(([email protected];))
Feb 20 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - 165 MW CAPACITY OF KHAVDA-II SOLAR PV PROJECT DECLARED OPERATIONAL
Source text: ID:nBSE8Q4YhB
Further company coverage: NTPC.NS
(([email protected];))
Feb 20 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - 165 MW CAPACITY OF KHAVDA-II SOLAR PV PROJECT DECLARED OPERATIONAL
Source text: ID:nBSE8Q4YhB
Further company coverage: NTPC.NS
(([email protected];))
Feb 16 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - NSPCL DECLARES COD OF ADDITIONAL 5 MW SOLAR CAPACITY
Source text: ID:nBSE6Hvt2W
Further company coverage: NTPC.NS
(([email protected];;))
Feb 16 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - NSPCL DECLARES COD OF ADDITIONAL 5 MW SOLAR CAPACITY
Source text: ID:nBSE6Hvt2W
Further company coverage: NTPC.NS
(([email protected];;))
Feb 9 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - 14.43 MW KHAVDA-I SOLAR PV PROJECT OPERATIONAL FROM 10 FEB 2026
Source text: ID:nNSE6JNh0z
Further company coverage: NTPC.NS
(([email protected];))
Feb 9 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - 14.43 MW KHAVDA-I SOLAR PV PROJECT OPERATIONAL FROM 10 FEB 2026
Source text: ID:nNSE6JNh0z
Further company coverage: NTPC.NS
(([email protected];))
Jan 30 (Reuters) - NTPC Ltd NTPC.NS:
NTPC Q3 CONSOL NET PROFIT 54.89 BILLION RUPEES
NTPC Q3 CONSOL REVENUE FROM OPERATIONS 458.46 BILLION RUPEES
NTPC - DIVIDEND 2.75 RUPEES PER SHARE
Further company coverage: NTPC.NS
(([email protected];))
Jan 30 (Reuters) - NTPC Ltd NTPC.NS:
NTPC Q3 CONSOL NET PROFIT 54.89 BILLION RUPEES
NTPC Q3 CONSOL REVENUE FROM OPERATIONS 458.46 BILLION RUPEES
NTPC - DIVIDEND 2.75 RUPEES PER SHARE
Further company coverage: NTPC.NS
(([email protected];))
NEW DELHI, Jan 27 (Reuters) - India will stop setting annual targets for clean energy tenders after missing last year's goal and building up a large backlog of projects without buyers, a senior government official said.
Indian developers are already sitting on the rights to build around 43 gigawatts of renewable power for which they have yet to find customers. State utilities have delayed buying clean power, expecting prices to fall and citing uncertainty over power delivery due to delays in transmission infrastructure.
India's clean energy ministry has asked renewable implementation agencies to find buyers for the power from those tenders, Reuters reported in November.
"As per their (implementation agencies') initial evaluation, they are still confident that they will be able to sell quite a lot of power out of that (backlog)," Santosh Kumar Sarangi, a top official at the Ministry of New and Renewable Energy, told Reuters in an interview.
Sarangi said less than half of the unsold capacity may be cancelled.
Against this backdrop, the government plans to change how clean energy tenders are issued, moving away from fixed annual targets. Instead, new tenders will be floated only after assessing demand from state power utilities, Sarangi said.
India had initially planned to auction about 50 GW of new clean energy capacity last year but ended up tendering only around 15 GW, after auctioning about 50 GW each in 2023 and 2024.
Despite the slowdown, Sarangi said India remains on track to meet its target of 500 GW of non-fossil fuel power capacity by 2030. The country added about 38 GW of clean energy capacity in 2025.
"We are not looking at a figure because we have pending bids that need to be finalised," Sarangi said, adding that agencies are engaging with state governments to assess demand.
The Ministry of New and Renewable Energy may also consider changes to the structure of renewable energy implementation agencies, he said.
Power producers NTPC NTPC.NS, NHPC NHPC.NS and SJVN SJVN.NS, which also act as federal renewable tendering agencies, could be relieved of that role, potentially leaving the Solar Energy Corp of India (SECI) as the main agency handling clean energy tenders.
The power producers have asked the government to relieve them from their role as implementation agencies and the government is evaluating the requests, the official said.
Among these agencies, NHPC has the largest volume of unsold tenders at about 15.8 GW, while SECI has the smallest at around 3.9 GW, according to a power ministry document reviewed by Reuters.
(Reporting by Sethuraman NR; editing by Mayank Bhardwaj)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
NEW DELHI, Jan 27 (Reuters) - India will stop setting annual targets for clean energy tenders after missing last year's goal and building up a large backlog of projects without buyers, a senior government official said.
Indian developers are already sitting on the rights to build around 43 gigawatts of renewable power for which they have yet to find customers. State utilities have delayed buying clean power, expecting prices to fall and citing uncertainty over power delivery due to delays in transmission infrastructure.
India's clean energy ministry has asked renewable implementation agencies to find buyers for the power from those tenders, Reuters reported in November.
"As per their (implementation agencies') initial evaluation, they are still confident that they will be able to sell quite a lot of power out of that (backlog)," Santosh Kumar Sarangi, a top official at the Ministry of New and Renewable Energy, told Reuters in an interview.
Sarangi said less than half of the unsold capacity may be cancelled.
Against this backdrop, the government plans to change how clean energy tenders are issued, moving away from fixed annual targets. Instead, new tenders will be floated only after assessing demand from state power utilities, Sarangi said.
India had initially planned to auction about 50 GW of new clean energy capacity last year but ended up tendering only around 15 GW, after auctioning about 50 GW each in 2023 and 2024.
Despite the slowdown, Sarangi said India remains on track to meet its target of 500 GW of non-fossil fuel power capacity by 2030. The country added about 38 GW of clean energy capacity in 2025.
"We are not looking at a figure because we have pending bids that need to be finalised," Sarangi said, adding that agencies are engaging with state governments to assess demand.
The Ministry of New and Renewable Energy may also consider changes to the structure of renewable energy implementation agencies, he said.
Power producers NTPC NTPC.NS, NHPC NHPC.NS and SJVN SJVN.NS, which also act as federal renewable tendering agencies, could be relieved of that role, potentially leaving the Solar Energy Corp of India (SECI) as the main agency handling clean energy tenders.
The power producers have asked the government to relieve them from their role as implementation agencies and the government is evaluating the requests, the official said.
Among these agencies, NHPC has the largest volume of unsold tenders at about 15.8 GW, while SECI has the smallest at around 3.9 GW, according to a power ministry document reviewed by Reuters.
(Reporting by Sethuraman NR; editing by Mayank Bhardwaj)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
Jan 23 (Reuters) - PTC India Ltd PTCI.NS:
NTPC TO BECOME SOLE PROMOTER OF CO
Source text: ID:nBSE8hKTLQ
Further company coverage: PTCI.NS
(([email protected];))
Jan 23 (Reuters) - PTC India Ltd PTCI.NS:
NTPC TO BECOME SOLE PROMOTER OF CO
Source text: ID:nBSE8hKTLQ
Further company coverage: PTCI.NS
(([email protected];))
Jan 16 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - DECLARATION OF COD OF THIRD PART CAPACITY OF 37.5 MW SOLAR
Source text: ID:nBSEbzjK
Further company coverage: NTPC.NS
(([email protected];))
Jan 16 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - DECLARATION OF COD OF THIRD PART CAPACITY OF 37.5 MW SOLAR
Source text: ID:nBSEbzjK
Further company coverage: NTPC.NS
(([email protected];))
Jan 15 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - COD DECLARED FOR 300MW OF BHADLA SOLAR PV PROJECT OF UNIT
NTPC - TOTAL CAPACITY TO REACH 87,287 MW INSTALLED, 86,207 MW COMMERCIAL
Source text: ID:nBSE7ywy91
Further company coverage: NTPC.NS
(([email protected];))
Jan 15 (Reuters) - NTPC Ltd NTPC.NS:
NTPC - COD DECLARED FOR 300MW OF BHADLA SOLAR PV PROJECT OF UNIT
NTPC - TOTAL CAPACITY TO REACH 87,287 MW INSTALLED, 86,207 MW COMMERCIAL
Source text: ID:nBSE7ywy91
Further company coverage: NTPC.NS
(([email protected];))
Jan 2 (Reuters) - NTPC Ltd NTPC.NS:
HAS NOT ENTERED INTO ANY AGREEMENT FOR PARTNERSHIP WITH CCTE
Source text: ID:nBSEbyxfFY
Further company coverage: NTPC.NS
(([email protected];))
Jan 2 (Reuters) - NTPC Ltd NTPC.NS:
HAS NOT ENTERED INTO ANY AGREEMENT FOR PARTNERSHIP WITH CCTE
Source text: ID:nBSEbyxfFY
Further company coverage: NTPC.NS
(([email protected];))
By Saurabh Sharma
NEW DELHI, Dec 31 (Reuters) - Two monorail trains collided at a hydropower plant being built in India's northern state of Uttarakhand late on Tuesday and at least 109 workers were injured, a district official told Reuters.
Most of the workers sustained minor injuries, said the official. Four suffered fractures.
The trains collided inside a tunnel in Pipalkoti, the site of an upcoming hydropower project by Tehri Hydro Development Corp (THDC), owned in part by NTPC Ltd NTPC.NS.
Gaurav Kumar, the top administrative officer in the area, told Reuters by telephone that the accident occurred on Tuesday night after the brakes of one of the monorail trains failed.
The trains were being used to ferry workers and carry construction material.
Kumar said the tracks had been cleared and that work on the project would resume on Wednesday.
Hydropower accounts for about 51 gigawatts of India's installed power capacity of about 505 gigawatts, with Uttarakhand home to more than 10 operating hydropower plants with about 2.0 gigwatts capacity and several projects under construction.
(Reporting by Saurabh Sharma; Editing by Raju Gopalakrishnan)
(([email protected];))
By Saurabh Sharma
NEW DELHI, Dec 31 (Reuters) - Two monorail trains collided at a hydropower plant being built in India's northern state of Uttarakhand late on Tuesday and at least 109 workers were injured, a district official told Reuters.
Most of the workers sustained minor injuries, said the official. Four suffered fractures.
The trains collided inside a tunnel in Pipalkoti, the site of an upcoming hydropower project by Tehri Hydro Development Corp (THDC), owned in part by NTPC Ltd NTPC.NS.
Gaurav Kumar, the top administrative officer in the area, told Reuters by telephone that the accident occurred on Tuesday night after the brakes of one of the monorail trains failed.
The trains were being used to ferry workers and carry construction material.
Kumar said the tracks had been cleared and that work on the project would resume on Wednesday.
Hydropower accounts for about 51 gigawatts of India's installed power capacity of about 505 gigawatts, with Uttarakhand home to more than 10 operating hydropower plants with about 2.0 gigwatts capacity and several projects under construction.
(Reporting by Saurabh Sharma; Editing by Raju Gopalakrishnan)
(([email protected];))
Dec 30 (Reuters) - NTPC Ltd NTPC.NS:
DECLARATION OF COD FOR 13.98 MW KHAVDA-I SOLAR PV PROJECT
Source text: ID:nNSE6zq68y
Further company coverage: NTPC.NS
(([email protected];;))
Dec 30 (Reuters) - NTPC Ltd NTPC.NS:
DECLARATION OF COD FOR 13.98 MW KHAVDA-I SOLAR PV PROJECT
Source text: ID:nNSE6zq68y
Further company coverage: NTPC.NS
(([email protected];;))
More Large Cap Ideas
See similar 'Large' cap companies with recent activity
Promoter Buying
Companies where the promoters are bullish
Capex
Companies investing on expansion
Superstar Investor
Companies where well known investors have invested
Popular questions
- Business
- Financials
- Share Price
- Shareholdings
What does NTPC do?
NTPC is India's largest integrated power company, dedicated to lighting every corner of the country and building a sustainable future for all. With a diverse portfolio of thermal, hydro, solar, and wind power plants, NTPC is dedicated to delivering reliable, affordable, and sustainable electricity to the nation. The company is committed to adopting best practices, fostering innovation, and embracing clean energy technologies for a greener future. Along with power generation, NTPC has ventured into various new business areas, including e-mobility, battery storage, pumped hydro storage, waste-to-energy, nuclear power, and green hydrogen solutions. It has also participated in the bidding for power distribution of Union Territories.
Who are the competitors of NTPC?
NTPC major competitors are Adani Power, Adani Green Energy, Tata Power, JSW Energy, NHPC, Torrent Power, Neyveli Lignite. Market Cap of NTPC is ₹3,54,801 Crs. While the median market cap of its peers are ₹1,06,003 Crs.
Is NTPC financially stable compared to its competitors?
NTPC seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does NTPC pay decent dividends?
The company seems to pay a good stable dividend. NTPC latest dividend payout ratio is 34.57% and 3yr average dividend payout ratio is 37.41%
How has NTPC allocated its funds?
NA
How strong is NTPC balance sheet?
NTPC balance sheet is weak and might have solvency issues
Is the profitablity of NTPC improving?
Yes, profit is increasing. The profit of NTPC is ₹24,682 Crs for TTM, ₹23,422 Crs for Mar 2025 and ₹20,812 Crs for Mar 2024.
Is the debt of NTPC increasing or decreasing?
Yes, The net debt of NTPC is increasing. Latest net debt of NTPC is ₹2,59,254 Crs as of Mar-26. This is greater than Mar-25 when it was ₹2,25,000 Crs.
Is NTPC stock expensive?
NTPC is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of NTPC is 13.11, while 3 year average PE is 13.35. Also latest EV/EBITDA of NTPC is 11.1 while 3yr average is 9.83.
Has the share price of NTPC grown faster than its competition?
NTPC has given lower returns compared to its competitors. NTPC has grown at ~16.45% over the last 7yrs while peers have grown at a median rate of 29.68%
Is the promoter bullish about NTPC?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in NTPC is 51.1% and last quarter promoter holding is 51.1%.
Are mutual funds buying/selling NTPC?
The mutual fund holding of NTPC is decreasing. The current mutual fund holding in NTPC is 17.83% while previous quarter holding is 18.45%.