NTPC shares rose by 3% following the announcement of commercial operations for a 25 MW capacity at its Gujarat Solar PV Project, boosting its renewable energy portfolio. The total installed capacity now stands at 76,733.18 MW.
NTPC Limited, a leading public sector company in India’s power sector, announced a significant milestone in its renewable energy expansion. The company revealed the commercial operations of a 25 MW capacity in the second phase of its Gujarat Solar PV Project, located in Sadla, Gujarat. Following the announcement, NTPC’s share price surged by 3% in intra-day trading, reaching a high of ₹336.55.
NTPC, which specializes in generating electricity through various sources including thermal, nuclear, and renewable, has consistently strengthened its position in India’s energy market. With this new addition, the total installed capacity of NTPC stands at 76,733.18 MW, reinforcing its leadership in the sector. The newly operational 25 MW capacity forms part of the larger 200 MW Gujarat Solar PV Project, following the earlier activation of the first 37.5 MW in December 2024.
The company’s focus on expanding its renewable energy portfolio is part of its broader strategy to contribute to India’s clean energy goals and diversify its power generation capabilities. The move also aligns with NTPC’s long-term vision to lead the country’s transition towards a sustainable energy future.
Q3FY25 Outlook and Performance:
NTPC’s financial outlook for Q3FY25 remains stable, with net sales expected to grow by 5% year-on-year (YoY) to ₹45,100 crore. EBITDA is also anticipated to rise by 5% YoY, reaching ₹11,900 crore. However, net profit after tax (PAT) is projected to decline slightly by 4% YoY to ₹4,993.90 crore, mainly due to cost pressures.
In the September 2024 quarter, NTPC delivered strong results, with a 14% increase in consolidated net profit, reaching ₹5,380.25 crore. The company maintained a stable average tariff of ₹4.67 per unit, up from ₹4.61 per unit last year. Additionally, NTPC’s board approved an interim dividend of ₹2.50 per share for FY2024-25.
Stock Price Movement:
NTPC’s stock has seen a 3.1% increase, marking its 5th consecutive session of gains. The stock is now 25% below its peak of ₹448.30, which was reached in September 2024, and has risen 13% from its 52-week low of ₹296.85, which occurred on January 13, 2025.
With its ongoing developments in renewable energy and strong financial performance, NTPC is poised to continue its leadership in India’s energy sector, while providing value to its stakeholders and shareholders.
