NTPC shares gain nearly 2% as PSU joins hands with Gujarat govt to explore opportunities in energy sector

The MoU is aimed at exploring opportunities in both conventional and non-conventional energy sectors.

NTPC Ltd. is India's largest integrated power utility, contributing one-fourth of India’s power requirements and having an installed capacity of over 83 GW, with an additional capacity of 30.90 GW under construction, including 13.3 GW of renewable energy capacity.

The company, the press release said, is committed to achieving 60 GW of renewable energy capacity by 2032, strengthening India's Net Zero goals. With a diverse portfolio of thermal, hydro, solar, and wind power plants, NTPC is dedicated to delivering reliable, affordable, and sustainable electricity to the nation.

NTPC said in its press release that it is committed to adopting best practices, fostering innovation, and embracing clean energy technologies for a greener future.

Along with power generation, NTPC has ventured into various new business areas, including e-mobility, battery storage, pumped hydro storage, waste-to-energy, nuclear power, and green hydrogen solutions.

NTPC Q1 FY26 Results

State-owned power giant NTPC Ltd said its consolidated net profit increased by 11% to ₹6,108.46 crore in the June quarter (Q1 FY26).

NTPC, the country's largest power generation company, had recorded a net profit of ₹5,506.07 crore in the April-June period of the preceding 2024-25 financial year.

The company's revenues from operations came down to ₹47,065.36 crore in the first quarter from ₹48,528.88 crore logged in the same period a year ago.

However, other income increased to ₹755.75 crore from ₹452.80 crore registered in the corresponding quarter of the fiscal year period.

Total expenses were at ₹42,539.94 crore as against ₹41,844.18 crore seen in the corresponding quarter of FY25.

However, NTPC brought down its fuel cost (a major component in power generation) to ₹24,973.04 crore from ₹27,844.82 crore in the year-ago quarter.