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Hot Pursuit
24-Feb-25
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NTPC tie up with France's EDF for hydro and pumped storage projects
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NTPC and EDF India, a subsidiary of Électricité de France (EDF), have signed a non-binding term sheet to develop pumped storage, hydropower, and other renewable energy projects, as well as explore opportunities in the distribution business.
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NTPC and EDF propose to form a 50:50 joint venture (JVC) subject to the requisite approval from the Government of India. The JVC will be responsible for executing hydropower and pumped storage projects in India and neighboring countries, with provisions to establish subsidiaries or additional joint ventures for project implementation.
NTPC is India's largest energy conglomerate. It has a 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 declined 1.8% to Rs 5,062.51 crore on a 5.2% jump in net sales to Rs 45,052.82 crore in Q3 FY25 over Q3 FY24.
Shares of NTPC shed 0.57% to Rs 324.10 on the BSE.
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Previous News |
NTPC to declare Quarterly Results
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Corporate News
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23-Jan-26
10:38
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NTPC Green Energy signs MoU with Government of Uttar Pradesh
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Corporate News
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22-Jan-26
19:16
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Benchmarks pare all gains; European mrkt advance
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Market Commentary
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Mid-Session
14-Jan-26
13:41
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NTPC Ltd spurts 3.43%, rises for third straight session
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Hot Pursuit
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14-Jan-26
13:05
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NTPC Ltd spurts 3.49%, rises for third straight session
(
Hot Pursuit
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02-Jan-26
13:05
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Barometers trade in negative terrain; pharma shares under pressure
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Market Commentary
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Mid-Session
26-Dec-25
12:38
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NTPC commissions full 23 MW capacity of Solapur Solar Project
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Hot Pursuit
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26-Dec-25
12:02
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NTPC Ltd rises for third straight session
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Hot Pursuit
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23-Dec-25
13:05
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NTPC Green commissions 6.6 MW out of 100 MW hybrid power project in Bhuj
(
Corporate News
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10-Dec-25
15:17
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NTPC receives ESG rating of 60
(
Corporate News
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09-Dec-25
20:11
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NTPC Green commences commercial operation of 75.5 MW of Khavda-1 solar PV project
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Corporate News
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19-Nov-25
13:47
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Other Stories |
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