NTPC Growth

State-owned power giant NTPC on Sunday said its captive coal mines have registered 65 per cent year-on-year production growth to over 23 million tonnes in FY23. NTPC Ltd has recorded a coal production of 23.2 million tonnes in FY23, witnessing a 65 per cent growth against 14.02 million tonnes a year ago from its four operational coal mines -- TPC Pakri-Barwadih (Jharkhand), NTPC Chatti Bariatu (Jharkhand), NTPC Dulanga (Odisha) and NTPC Talaipalli (Chhattisgarh), a company statement said. NTPC has also achieved the highest-ever annual overburden removal of 73.0 million cubic metres, representing 129 per cent growth compared to 31.9 million cubic metres of overburden removal in the previous fiscal. The achievement demonstrates NTPC's commitment to increasing its domestic coal production to meet the growing demand for power in the country, the statement said. NTPC management lauded the role of the power ministry, coal ministry and state governments, among others, for their support to

The Canada Pension Plan Investment Board (CPPIB), Malaysian state-run Petronas and Arcelormittal SA are among the 13 bidders for a minority stake in the green energy unit of India's NTPC Ltd

State-owned power giant NTPC on Friday said its board will consider a proposal to raise up to Rs 12,000 crore through the issuance of non-convertible debentures (NCDs) on July 29.

State-owned power giant NTPC has inked a pact with Moroccan Agency for Sustainable Energy (MASEN) for cooperation in renewable energy.

NTPC on Friday said its 100 megawatt (MW)floating solar photovoltaic project in Telangana has become fully operational. "Consequent upon successful commissioning, last part capacity of 20 MW out of 100 MW Ramagundam floating solar PV project at Ramagundam, Telangana is declared on commercial operation with effect from 00:00 hours of 01.07.2022," it said in a BSE filing. With this, the standalone installed and commercial capacity of NTPC has become 54,769.20 MW, while group installed and commercial capacity is 69,134.20 MW. The company did not provide any financial details of the project.

The power generator's growth prospects are improving and capacity expansions provide medium-term visibility

Stock is trending up since mid-Feb, outperforming broader indices