NTPC Approves Investment Of Rs 79,738.45 Crore For Its Multiple Projects

The largest power utility in India, NTPC, has 76475.68 MW of installed capacity overall (including joint ventures). NTPC, which was founded in 1975, aims to become the largest integrated power company in India by 2032, with a capacity of 130 GW. NTPC’s extensive CSR and rehabilitation and resettlement policies are seamlessly incorporated into its primary business of establishing power projects and producing electricity. In order to maximize the use of various energy sources with cutting-edge eco-friendly technologies and produce dependable power at competitive prices in a sustainable manner, NTPC is dedicated to advancing both the nation’s economy and society.

NTPC board approves three Rs. 79,738.45 crore thermal power projects

The power giant NTPC Ltd announced on November 5 that its board of directors had authorized investments totalling approximately Rs. 79,738.45 crores for three super thermal power projects. The Telangana Super Thermal Power Project Phase-II, the Gadarwara Super Thermal Power Project Stage-II, and the Nabinagar Super Thermal Power Project Stage-II are among the projects.

Specifications for thermal projects

Three 800-megawatt Telangana projects have been approved, with an estimated cost of Rs. 29,344.85 crore. The estimated cost of the Gadarwara project, which has two 800 MW of capacity, is Rs. 20,445.69 crore. The Nabinagar project, which is estimated to cost Rs. 29,947.91 crore, is also planned for a 3×800 MW capacity.

NTPC stock overall performance 

For the September quarter, NTPC reported a 19.6% increase in net profit to Rs. 4,648 crore. In the previous year, the state-owned Maharatna power giant generated a net profit of Rs. 3,885 crore. Revenue for the quarter was Rs. 40,327.6 crore, down 1.3% year-over-year from Rs. 40,875 crore in the same period last year.EBITDA for NPTC fell 8.2% to Rs. 9,676.4 crore from Rs. 10,537 crore YoY. Additionally, the company’s EBITDA margin decreased year over year from 25.7% to 24%.

NTPC’s stock movement

The NTPC stock is currently trading at a positive price of Rs. 403.80 per share, up a little from its 52-week high of Rs. 448.45. The highest price ever recorded was Rs. 408.00.

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