Hot Pursuit     05-Mar-24
NTPC's renewable energy arm inks JV pact with Uttar Pradesh's thermal power utility
NTPC stated that its wholly owned subsidiary NTPC Green Energy has signed a joint venture agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL) for development of renewable power parks and projects in Uttar Pradesh.

“The RE power generated from the proposed JVC shall meet the Renewable Generation Obligation (RGO) of the UPRVUNL,” NTPC said in a statement.

NTPC is India's largest energy conglomerate. It has presence in the entire value chain of the power generation business. As on 31 December 2023, the Government of India holds 51.10% in NTPC.

The state-run power major’s consolidated net profit rose 7.3% to Rs 5,208.87 crore in Q3 FY24 as compared with Rs 4,854.36 crore recorded in Q3 FY23. Revenue from operations stood at Rs 42,820.38 crore in the December quarter, down 4% from Rs 44,601.84 crore posted in Q3 FY23.

The scrip rose 0.93% to currently trade at Rs 357.10 on the BSE.

Previous News
  NTPC announces reappointment of Gurdeep Singh as CMD
 ( Corporate News - 18-Jul-25   13:16 )
  NTPC Ltd soars 1.05%, up for fifth straight session
 ( Hot Pursuit - 08-Jul-25   13:00 )
  NTPC announces change in senior management
 ( Corporate News - 08-Jul-25   12:16 )
  NTPC announces declaration of commercial operation of 660 MW Unit 3 of Barh STPP
 ( Corporate News - 26-Jun-25   16:05 )
  Volumes spurt at NTPC Ltd counter
 ( Hot Pursuit - 24-Jun-25   11:00 )
  NTPC changes Directorate
 ( Corporate News - 19-Jun-25   12:11 )
  NTPC management changes
 ( Corporate News - 17-Jun-25   10:41 )
  NTPC to hold board meeting
 ( Corporate News - 17-Jun-25   10:21 )
  Indices edge higher in early trade; breadth positive
 ( Market Commentary - Mid-Session 16-Jun-25   09:38 )
  Stock Alert: NTPC, Arkade Developers, ITC, Spicejet, Sun Pharma, Syngene Intl
 ( Market Commentary - Stock Alert 16-Jun-25   08:03 )
  NTPC to raise Rs 4,000 cr via 10-Year NCDs at 6.89%
 ( Hot Pursuit - 14-Jun-25   09:01 )
Other Stories
  RBL Bank Q1 PAT tanks 46% YoY to Rs 200 crore
  19-Jul-25   16:49
  HDFC Bank Q1 PAT jumps 12.24% YoY; declares 1:1 bonus and special dividend
  19-Jul-25   16:23
  ICICI Bank Q1 PAT rises 15% YoY to Rs 12,768 crore
  19-Jul-25   16:12
  Yes Bank Q1 PAT climbs 59% YoY to Rs 801 cr
  19-Jul-25   14:49
  RIL Q1 PAT jumps 76.5% YoY to Rs Rs 30,783 cr
  19-Jul-25   09:13
  JSW Steel rises as Q1 PAT zooms 158% YoY to Rs 2,209 cr
  18-Jul-25   16:27
  BEML bags contract worth Rs 186 crore from Ministry of Defence
  18-Jul-25   15:18
  Mahindra EPC Irrigation gains after Q1 PAT turns positive to Rs 1 cr
  18-Jul-25   15:15
  Granules India CFO Dr. Kandiraju Venkata Sitaram Rao resigns
  18-Jul-25   15:08
  Clean Science & Technology Ltd leads losers in 'A' group
  18-Jul-25   15:00
Back Top