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