NTPC Limited: History, Latest Updates, Milestones, Subsidiaries & Share Price

NTPC Limited: History, Latest Updates, Milestones, Subsidiaries & Share Price

ntpc

Introduction

NTPC (formerly National Thermal Power  Corporation), a Maharatna Company,  India's largest power utility conglomerate established in 1975. Its objective is to be the world's largest and best power major producer. 

Currently, NTPC Group installed capacity is 73888 MW which comprises 51 NTPC stations (coal, gas, hydro and solar) and 41 joint venture or subsidiary stations (coal, hydro, solar, wind). NTPC has been ranked as second among Independent Power Producers in Platts Top 250 Global Energy Company rankings.

NTPC Limited Moves In 2023 - 2024:

February 2024

As of 23rd  February, 2024, the NTPC limited share price is Rs.336.05.

NTPC has invited bids for 5MW solar plant supply at Jajru, Faridabad. 

NTPC's 300 MW Nokhra solar project , which would generate 730 MU green energy per year. This project would also restrict 6 lakh tonnes of Carbon dioxide emissions every year.

NTPC has signed a MoU with NALCO , to explore various energy options to power NALCO's new smelter plant.

ONGC and NTPC have signed a joint venture agreement during India Energy Week , to set up offshore wind energy projects as a part of renewable energy collaboration.

NTPC and NRL to build a partnership for Green Chemicals & Green projects.

January 2024

As of January 2024, NTPC Limited share price was Rs. 315.37

NTPC Limited has proposed to invest Rs. 90000 crores to produce 15GW renewable energy parks and projects to meet the needs of the agricultural sector in Gujarat. This news led to the gain in NTPC limited share price by 90.48% within a year period. NTPC Limited share price was Rs.318.80 as of 4th January, 2024.

NTPC signed MoU with Maharashtra government for Green Hydrogen projects development.

As of nine-month FY2024 reported by NTPC, the unaudited consolidated net profit has increased by 8.67%to Rs.14842 crores.

NTPC Green Energy Limited has signed an MoU with GSPC and GPPL .

December 2023

As of December 2023, NTPC Limited share price was Rs. 309.07

Tata Power Solar Systems signed a contract to supply solar power to NTPC project at Rajasthan.

NTPC limited has become a company with market capitalization of Rs.3 trillion after NTPC limited share price has reached its new peak of R. 312.45.

Indian Oil Corporation has signed a joint venture agreement with NTPC Green Energy Limited for Rs.1660.15 crore to set up renewable power plants.

November 2023

As of November 2023, NTPC Limited share price was Rs. 259.55

NTPC Limited also shared an interim dividend of Rs. 2182 crore to its shareholders

October 2023

As of October 2023, NTPC Limited share price was Rs. 231.98

NTPC has signed a MoA with EIL for green fuels and green fertilizer

September 2023

As of September 2023, NTPC Limited share price was Rs. 241.57

NTPC has released a final dividend for the year 2022-23 for Rs. 2908.99 crore which is 30% of paid-up equity share capital. Out of which, Rs.1487 crore is received by the government from NTPC as dividend tranche.

As per Q2FY2024 results reported by NTPC , its net profit rose by 38%to Rs.4726.40 crore. Also, its revenue from operations rose to Rs.44983.35 crore .

NTPC Green Energy Limited (NGEL) has collaborated with ONGC for Renewable energy projects.

NGEL ties up with Syama Prasad Mookerjee port and with Nayara energy for green hydrogen production.

NGEL in collaboration with  Chidambaranar port to collaborate to develop a green hydrogen hub.

In the G20 summit, NTPC runs up to green hydrogen conferences.

August 2023

As of August 2023, NTPC Limited share price was Rs. 216.73

BHEL has received an order from NHPC for Rs.2242 crores for the Dibang multipurpose project at Arunachal Pradesh. 

NTPC has started a hydrogen bus trial run in Leh.

NTPC bags north Dhadu coal block.

July 2023

As of July 2023, NTPC Limited share price was Rs. 211.85

As per NTPC Limited reported, its consolidated net profit  increased  by 23.36% to Rs.4066 crore. Revenue declined by 2.3% to Rs.39122.25 crore.

NTPC limited share price surged after NTPC's total commercial capacity reached 73024 MW which happened after the company's declaration of a second unit of 660 MW capacity at Barh Super Thermal Power Station.

NTPC has won Gigawatts scale renewable energy orders in TBCB mode.

May 2023

As of May 2023, NTPC Limited share price was Rs. 168.67

Mr. Shivam Srivastava has taken over as the Director of Director ( Fuel) NTPC Limited.

NTPC marks major milestone with 72304 MW capacity installed at Bangladesh, to be the first overseas capacity addition.

April 2023

As of April 2023, NTPC Limited share price was Rs. 166.88

NTPC has won 500MW renewable energy RTC capacity for Indian Railways.

NTPC has collaborated with Chempolic India to perform a feasibility study of setting up a Bamboo based bio refinery at Assam.

Evolution Of NTPC Limited: From Past to Present:

Year

Evolution

7th November ,1975

incorporated as ‘ National Thermal Power Corporation Private Limited’

1978

NTPC took over Badarpur project

30thSeptember, 1976

Name changed as ‘ National Thermal Power Corporation Limited’

1982

Installed first 200MW unit at Singarauli center 

30th September, 1985

Conversion of company into public limited company

1986

NTPC became the first PSU to issue bonds in debt market.

1992

Acquired   Feroze Gandhi Unchahar Thermal Power Station from UP.

1997

Navratna status granted by GoI

2003

Constructed first hydro electric power project at Himachal Pradesh (800MW)

2004

First coal mining block

2004

Listed on stock exchanges

28th October, 2005

Name changed to NTPC limited

2005

Change of name from ‘National Thermal Power Corporation Limited ‘ to ‘ NTPC Limited’

2006

Transfer of Badarpur Thermal Power Station to NTPC

2007

Transfer of Chatti – Bariatu coal block to NTPC

2008

Recognized as Star PSU -2008

2009

Mou with NPCIL for development of nuclear power.

2009

Crossed 30000 MW capacity

2009

Signed Long term fuel supply agreement with Coal India Limited 

2009

Signed a MoU with NPCIL 

2009

NTPC signed joint venture agreement with SAIL, RINL, Coal India  and NMDC

2010

NTPC and L&T partnered with IOC 

2010

NTPC signed a contract with GPCL for renewable energy projects.

2010

NTPC signed a MoU with BPDB for power sector development in Bangladesh

2011

Incorporated ‘ Anushakti Vidhyut Nigam Ltd.’ as a joint venture between NTPC (49%) and NPCIL(51%)

2011

NTPC joint ventured with BHEL 

2011

NTPC signed a MoU with Kerala Government

2011

NTPC partnered with IWAI and Jindal ITF

2011

NTPC joint ventured with Ceylon Electricity Board.

2012

NTPC signs deal with Bangladesh for $1.5  billion

2012

NTPC joint ventured with Bangladesh Power Development Board

2013

Launched Mouda Super Thermal Project

2013

Launched Unit II Vindhyachal Super Thermal Power Station

2014

Signed MoU with Andhra Pradesh Government

2014

Launched Talcher Power plant operations

2015

Commissioned Koldam Hydro Power Project 

2015

Set up ITI in Odisha

2015

Signed PPA with AP eastern power distribution company

2016

Contract signed for R&D with IIT Kanpur

2016

Inaugurated Data Recovery center at Secunderabad

2017

Took over Chhabra Thermal Power Plant

2017

Launched Rojmal Wind Energy Project, Gujarat

2018

Launched bond for $400 million

2022

Launched Solapur Solar PV project

2022

Pact with Italian firm for Green Methanol Production exploration 

2022

Signed MoU with Marine Tecnimont Group

2022

Launched Devikot Solar PV project, Jaisalmer

 

Company Information

Name

NTPC Limited

Founded year

7th November 1975

Founding Company

Central Public Sector Company

Headquarters

New Delhi, India

Industry 

Electricity

Current Chairman & MD 

Mr. Gurdeep Singh

Major subsidiaries

THDC India Limited

NSPCL

Revenue

Rs. 177,977 crore (2023)

Geographical presence

India

NSE code

NSE: NTPC

NSE NIFTY 50 Constituent

BSE code

BSE: 532555

BSE SENSEX Constituent

Timeline Of NTPC Limited:

Year

Fact

Description

7th November 1975

Incorporation

National Thermal Power Corporation Private Limited

1983

Launched

NTPC Ramangundam 

1987

Installed Capacity

Crossed 5000 MW

1989

Launched

Gas based power plant at Anta, Rajasthan 

1991

Launched

NTPC Dadri

1992

Transferred

Transmission system to Power Grid Corporation Limited

1994

Launched first thermal power plant

Jhanor – Gandhar power plant

1995

Celebrated

20 years of NTPC

1998

Commissioned

NTPC Kayamkulam

1999

Recognized

Dadri Thermal Power Plant with ISO 14001

2001

Launched

NTPC – Vindhyachal

2002

Incorporation

NTPC Electric Supply Company Limited

NTPC Hydro Limited 

NTPC Vidyut Vyapar Nigam Limited

2002

Installed Capacity

Crossed 20000 MW

2003

Tripartite agreement

GOI, RBI and NTP0043

2004

Contract

First super critical thermal power plant at Sipat

2005

Award

Integrated Project Management Award

2009

Launched

NTPC Energy Technology Research Alliance and NTPC’s R&D wing

2010

Commissioned

NTPC Dadri 

2014

Commissioned

NTPC Mouda super thermal power station stage

2016

Commissioned

NTPC Koldam

2017

Award

Meritorious SCOPE award

2018

Commissioned

NTPC Dulanga

2018

Award

Best Performing Utility of India in Thermal Power Sector

2019

Installed capacity

Crossed 58156 MW

2020

Acquisition

NTPC acquired GOI stake in THDC & NEEPCO

2023

Installed Capacity

Crossed 3 GW

Inside NTPC Limited: Exploring Subsidiary Ventures:

NTPC Limited

  • NTPC’s NGEL to set up India’s largest green hydrogen project at Andhra Pradesh.

  • NTPC has invited bids for 5MW solar plant supply at Jajru, Faridabad. 

  • NTPC's 300 MW Nokhra solar project , which would generate 730 MU green energy per year. This project would also restrict 6 lakh tonnes of Carbon dioxide emissions every year.

  • NTPC has signed a MoU with NALCO , to explore various energy options to power NALCO's new smelter plant.

  • ONGC and NTPC have signed a joint venture agreement during India Energy Week , to set up offshore wind energy projects as a part of renewable energy collaboration.

  • As of nine-month FY2024 reported by NTPC, the unaudited consolidated net profit has increased by 8.67%to Rs.14842 crores.

NTPC NSE Share Price India Today

COMPANY NAME

SECTOR

SHARE PRICE LINK

NTPC Limited

Power Sector

Current NTPC Limited Share Price

Achievements & Milestone:

Year

Milestones

1975 

7th November, 1975 incorporated as National Thermal Power Corporation Private Limited

1976

First Thermal Power Project at Shaktinagar

1976

Name changed to ‘National Thermal Power Corporation Limited’

1983

Started Commercial operations for Rs. 4.5 crore 

1985

Capacity reached 2000 MW

1989

NTPC Consultancy Division launched

1992

Feroze Gandhi Unchahar Thermal Power Station

1994

Capacity reached 15000 MW

1995

Acquired Talcher Thermal Power Station 

1997

Navratna status to NTPC

1997

Crossed generation of 100 billion units

2000

First Hydro electric power project 

2002

Three subsidiary companies 

2002

Capacity reached 20000 MW

2005

Name changed to NTPC Limited

2009

NTPC joint ventured as ‘ International Coal Ventures Private Limited’

2010

Installed capacity crossed 31000 MW

2014

ICVL acquired 65% stake in Benga Coal Mine in Mozambique

2022

Market Capitalization of NTPC was Rs. 166249.34 crore

2023

Market capitalization of NTPC crossed Rs. 3 trillion crores

Year

Awards & Achievements

2024

NTPC has been certified as ‘Top employer 2024’ by Top Employers Institute in India.

NTPC has won a gold award for annual report at Corporate Governance Disclosures Competition.

2023

NTPC has won two silver awards in Brandon Hall Group’s excellence in Technology awards.

NTPC teams emerged as Winners in Asian Management Games 2023.

NTPC wins Economic Times – HR World Future Skills Awards 2023.

NTPC Limited has achieved 433rd rank in Forbes " The Global 2000" list for 2023.

NTPC was recognized as ‘Most Preferred Workplace of 2023 -2024’.

NTPC Barauni ranks no.1 in National awards for water resources conservation and management.

NTPC has been awarded gold for Excellence in Learning Technology  award 2023.

NTPC has won Prestigious ATD best award.

Conclusion

NTPC Limited, India's largest power utility, aims to install 60 GW of renewable energy capacity and reduce net energy intensity by 10% by 2032. It targets generating 600 BU by 2032, with a mix including 65.4% coal, 4.6% gas, 3.8% hydro, 23.2% solar, 1.5% nuclear, and 1.5% other renewable energy sources.

NTPC is recognized for its exceptional workplace culture, guided by "People before Plant Load Factor." It has consistently ranked among the "Top 50 Best Companies to Work for in India" for 11 years. The company is a market leader in power generation, contributing significantly to India's power needs. With its focus on efficiency, advanced technologies, and skilled workforce, NTPC is poised to play a major role in India's power sector in the future.

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Frequently Asked Questions:

What is the NTPC Limited Share Price NSE?

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What is NTPC Share Price Today?

As on 23rd February, 2024, NTPC Limited Share Price is Rs. 336.05

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What is NTPC share price target?

Given the bullish market trends and favourable conditions, it's anticipated that NTPC Ltd share price could potentially enter a bullish uptrend by the end of 2024. For real-time insights into the future of NTPC share value, visit Enrich Money.

 

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