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NTPC (National Thermal Power Corporation) Ltd along with its subsidiaries/ associates & JVs is primarily involved in generation and sale of bulk power to State power utilities. Other business of the group includes providing consultancy, project management & supervision, energy trading, oil & gas exploration and coal mining.
NTPC's 7.58% Series 62 Bonds (ISIN INE733E07KE8) have matured. Investors received redemption payments. The company has now requested delisting of these bonds from exchanges.
NTPC is aggressively pursuing green energy, targeting 60 GW RE capacity by 2032 with group green capex hitting 51%. Initiatives include Carbon Capture pilots and biomass co-firing. Operational efficiency improved with 7.33% less water use and 22.28% lower SOx emissions. However, 4 worker fatalities remain a concern.
NTPC's subsidiary NGEL commissioned 50 MW solar capacity in Rajasthan, part of its 100 MW RE RTC project. This boosts the group's total installed capacity to 91,080 MW and commercial capacity to 90,000 MW.
NTPC's 9.5580% bond series matured, and payments for redemption have been made to bondholders. These securities are now being delisted from the stock exchange.
NTPC will hold its 50th AGM. The company has set a record date for a final dividend of Rs.3.50 per share. This dividend was proposed by the Board and will be paid after AGM approval.