Stock Report

NTPC wins 3445 MW RE bids in FY24

Posted On : 2024-04-02 13:23:25( TIMEZONE : IST )

NTPC wins 3445 MW RE bids in FY24

NTPC Ltd., India's largest integrated power utility, has won 3445 MW RE tenders it participated during the FY 2023-24.

This records 58% of total RE tenders the company participated during the Financial Year which is the highest since it started participating in the bids.

Currently, NTPC has 3.5 GW RE operational capacity with over 20 GW in pipeline.

NTPC Limited is India's largest integrated power utility having ∼76 GW installed capacity that contributes 25% of total electricity demand in India. By 2032, NTPC is looking to expand its non-fossil based capacity to 45-50% of the company's portfolio that will include 60 GW RE capacity with a total portfolio of 130 GW.

Shares of NTPC Limited was last trading in BSE at Rs. 342.25 as compared to the previous close of Rs. 335.95. The total number of shares traded during the day was 398727 in over 6842 trades.

The stock hit an intraday high of Rs. 344.40 and intraday low of 336.15. The net turnover during the day was Rs. 135877191.00.

Source : Equity Bulls


NTPC INE733E01010 ElectricUtilities RenewableEnergy Bids FY2024