December, 22 2024 Sunday 07:41 Hrs
  • SENSEX :   78,041.59

  • Top commodity trading and broking companies in India-1,176.46( -1.49%) 20-Dec-2024
top-arrow-market
Sensex 78041.59 -1176.46  (-1.49) 20-Dec-2024
Previous Day Close
79218.05
Today's High/Low
High Low
  •  
  •  
79587.15 77874.59

Company News Details

NTPC Ltd
Industry :  Power Generation And Supply
BSE Code
ISIN Demat
Book Value()
532555
INE733E01010
160.8792383
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
NTPC
17.3
323189.88
EPS(TTM)
Face Value()
Div & Yield %
19.27
10
2.33
 

NTPC Ltd
NTPC rises on incorporating JV with MAHAGENCO
Nov 27,2024
MAHAGENCO NTPC Green Energy (MNGEPL) has been incorporated as 50:50 joint venture between NTPC Green Energy (NGEL), a wholly-owned subsidiary of NTPC, and Maharashtra State Power Generation Company (MAHAGENCO), a Government of Maharashtra (GOM) owned company.

The objectives of forming the joint venture company are to develop, operate, and maintain renewable energy parks in Maharashtra under the ultra mega renewable energy power parks (UMREPP) and to allocate the parks for the development of renewable energy projects.

Meanwhile, the company’s subsidiary, NTPC Green Energy has signed memorandum of Understanding (MoU) with Chhattisgarh State Power Generation (CSPGCL) to develop up to 2000 MW of renewable energy projects, including floating solar.

NTPC is India's largest energy conglomerate. It has presence in the entire value chain of the power generation business. As of 30 September 2024, the Government of India holds 51.10% stakes in NTPC.

The company’s consolidated net profit grew by 14.3% to Rs 5,274.59 crore in Q2 FY25 as against Rs 4,614.64 crore reported in Q2 FY24. Net sales declined marginally to Rs 44,696.30 crore in Q2 FY25 from Rs 44,983.35 crore in Q2 FY24.

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.