The northward movement in the share price came following the news that the Maharatna company is looking to build 30 gigawatts of nuclear power capacity over the next two decades
Prime Minister Narendra Modi's government is seeking to revive interest in India's nuclear power potential, promising easier regulations for suppliers and more than $2 billion of public resources
Here is the complete list of companies whose shares will trade ex-date tomorrow, January 31, along with their key corporate announcements, as per data available on the BSE
On the bourses, NTPC share price dropped as much as 2.84 per cent, hitting an intraday low of Rs 314.50 per share
NTPC share price rose after the company announced that its unit, NTPC Green Energy has signed a MoU with CSPGCL to develop up to 2000 MW renewable energy projects including floating solar
NTPC Green Energy IPO has seen the highest demand from retail investors, with their reserved portion oversubscribed by 1.99 times
The northward movement in NTPC's stock price also aligns with the company's strategic expansion, as its renewable energy arm, NTPC Green Energy, launches its initial public offering (IPO) today
The subscription window for the NTPC Green Energy IPO opens today, November 19, 2024, and will conclude on Friday, November 22, 2024. Here's what market analysts have to say about the public offering
Ayana Renewable Power, owned by NIIF, British International Investment Fund and Green Growth Equity Fund, operates solar and wind plants that produce 1,600 megawatts in India and has another 2,500
DRHP lists several risks, of which China imports a major factor
As investors await further details, here is a comprehensive analysis of the strengths, weaknesses, opportunities, and threats of the NTPC Green Energy, as described in the DRHP papers
JSW Energy on Friday said its arm JSW Neo Energy has received a Letter of Award (LoA) from NTPC for setting up a 300 MW wind-solar hybrid power project. Following this capacity award, the company's total locked-in generation capacity has risen to 16.7 GW, which includes a total locked-in hybrid capacity of 2.6 GW, a company statement said. This project enhances the company's energy solution offerings and supports its transition towards becoming an energy products and services company, it said. JSW Energy has total locked-in generation capacity of 16.7 GW comprising 7.5 GW operational, 2.3 GW under construction across wind, thermal and hydro and RE pipeline of 6.9 GW. The firm also has 4.2 GWh of locked-in energy storage capacity through a battery energy storage system and hydro-pumped storage project. The company aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030. JSW Energy aims to achieve carbon neutrality by 2050. In a separate statement
Outage reportedly disrupted charge-taking ceremony at various ministries
ICICI Securities stressed upon NTPC's position in the increasing total addressable market for power capex, benefiting from both conventional and renewables sectors
State-owned power giant NTPC on Friday posted a 33 per cent rise in its consolidated net profit to Rs 6,490.05 crore in the March 2024 quarter, mainly on the back of higher revenues. The company had reported Rs 4,871.55 crore consolidated net profit in the quarter ended March 2023, a BSE filing said. Its total income rose to Rs 48,816.55 crore in the quarter from Rs 44,744.96 crore in the same period a year ago. The consolidated net profit in the fiscal 2023-24 increased to Rs 21,332.45 crore from Rs 17,121.35 crore in the year-ago period. In FY24, the total income rose to Rs 1,81,165.86 crore against Rs 1,77,976.39 crore a year ago. The company's board recommended a final dividend of Rs 3.25 per equity share for FY24. The final dividend is in addition to the first interim dividend at the rate of Rs 2.25 per share and the second interim dividend at the rate of Rs 2.25 per share of face value of Rs 10 each for 2023-24 paid in November and February, respectively. The company's boa
PM inaugurates 800 MW Unit 2 of NTPC's thermal power project in Peddapalli district of Telangana
Prime Minister Narendra Modi on Monday dedicated to the nation and laid the foundation stone of multiple development projects related to power, rail and road sectors in Telangana worth more than Rs 56,000 crore. The PM's official function here was attended by the State Governor Tamilisai Soundararajan and Chief Minister A Revanth Reddy among others. After a long time, a CM of Telangana received PM Modi and shared dais with him during the official programme. BRS supremo and former CM K Chandrasekhar Rao had, on several occasions, skipped the PM's official visits to the state in the past. At the event here, the Prime Minister, among other projects, dedicated NTPC's 800 MW (Unit-2) of Telangana Super Thermal Power Project in Peddapalli. Based on ultra-supercritical technology, the project will supply 85 per cent power to Telangana and will have the highest power generation efficiency of approximately 42 per cent among all power stations of NTPC in the country. The foundation stone of
Stocks to watch on March 04, 2024: Jio Financial Services is the sole addition to the S&P BSE Large Cap, as revealed by the Bombay Stock Exchange
Prime Minister Narendra Modi will lay the foundation of state-owned power giant NTPC's various projects worth Rs 30,023 crore on Monday. The Prime Minister will dedicate to the nation and lay the foundation of a series of NTPC projects on March 4, 2024, signalling a significant leap towards sustainable development and economic growth, an NTPC statement said. Modi will dedicate Unit -2 (800 MW) of NTPC's Telangana Super Thermal Power Project (Stage-I) located in the Peddapalli district of Telangana. With an investment of Rs 8,007 crore, this project utilises ultra-supercritical technology, ensuring optimal power generation efficiency while significantly reducing CO2 emissions. The commissioning of this project will not only enhance the power supply in Telangana but also guarantee 24x7 availability of affordable and high-quality power nationwide. Furthermore, the Prime Minister will also dedicate Unit-2 (660 MW) of North Karanpura Super Thermal Power Project (3x600 MW), situated in
NTPC Green Energy Ltd (NGEL) on Tuesday said it has signed an MoU with the Maharashtra government to develop green hydrogen projects and its derivatives in Maharashtra. The memorandum of understanding (MoU) has been signed as a part of Green Investment Plan of the state government in the next five years and envisages a potential investment of Rs 80,000 crore, NGEL said in a statement. "NGEL has signed an MoU with Government of Maharashtra for development of green hydrogen and derivatives (green ammonia, green methanol) of up to 1 million tonne capacity per annum, including pump hydro projects of 2 GW and development of RE projects with or without storage up to 5 GW in the state," it said. The MoU was exchanged between Mohit Bhargava, Chief Executive Officer, NGEL and Narayan Karad, Deputy Secretary (Energy), Maharashtra government in the presence of state chief minister, deputy CM and other senior officials in Mumbai on Monday, the company said. NGEL is a wholly-owned subsidiary of