NTPC shares in focus as firm signs MoU with France-based firm for cooperation in nuclear power

Shares of NTPC will be in the limelight on Wednesday, April 8, as the power giant signed a non-binding Memorandum of Understanding (MoU) with France-based Électricité de France (EDF) to explore cooperation in developing new nuclear power projects in India.

NTPC, in a regulatory filing, said the MoU sets out a framework for both companies to jointly assess the feasibility and approach for collaboration, including evaluating EPR technology and its suitability for Indian requirements.

It also covers exploring localisation opportunities for large-scale deployment, examining economic and tariff aspects, developing human resource capabilities through training programmes, identifying potential project sites, and providing technical support as mutually agreed.

This MoU comes after approval from the concerned ministries and departments of the Government of India and was signed by Arnada Prasad Samal, CGM (Nuclear Cell), on behalf of NTPC, and Vakisasi Ramany, Senior Vice President, International Nuclear Development, on behalf of EDF.

“This initiative aligns with NTPC’s strategy to expand into clean, reliable energy and contribute to India’s long-term energy security,” the company said in a statement.

Uprating two units of Dadri

In a separate filing on Wednesday, NTPC said the Central Electricity Authority (CEA) has uprated the capacity of two units (Unit No. 5 and 6) of Dadri Thermal Power Station. The two units have been uprated to 500 MW each from 490 MW each with effect from April 7, 2026.

“With this, the total installed capacity of the NTPC group stands at 89,128 MW and commercial capacity at 88,048 MW,” the firm said in the filing.

NTPC share price

On Wednesday, NTPC shares settled at ₹374.15 apiece on the National Stock Exchange, climbing 1.44%.

In a month, shares of the firm have fallen 2%, while for six months’ time, they have surged 12%. On a year-on-year basis, NTPC shares have advanced 6%.

The company has a market capitalisation of ₹3.61 lakh crore.

Shares of the company had touched their one-year high of ₹394.5 apiece on March 13, 2026, while their 52-week low of ₹315.55 was hit on December 9, 2025.

NTPC Q3 earnings

The power generation company’s consolidated net profit for the quarter ended December 31, 2025, had soared 8.42% year-on-year (YoY) to ₹5,488.67, compared to ₹5,062.51 crore in Q3 FY25.

Its revenue from operations rose 1.7% YoY to ₹45,845.68 crore in Q3 FY26, as against ₹45,069.43 crore in the corresponding period of the previous fiscal year.

It's installed, and commercial capacity increased by 9,039 megawatts (MW) to stand at 85,637 MW as of December 31, 2025, as against 76,598 as of December 31, 2024.

The company’s standalone gross generation, however, declined 4.37% YoY to 87.259 billion units (BUs) for the reporting period, in comparison to 91.25 BUs in Q3 of FY25.

NTPC's board of directors also declared the company's second interim dividend for FY26 at the rate of 27.50% at ₹2.75 per equity share with a face value of ₹10 each.

Established in 1975 as a thermal power generator, NTPC Ltd has steadily expanded and diversified into new energy sources. According to the company’s website, the company has an installed capacity of over 85,000 MW at the group level, spanning coal, gas/liquid fuel, hydro and solar power.