NTPC Board approves Major Energy Investments

NTPC Limited's Board approved two significant projects on March 28, 2026: a 4.70 GWh Battery Energy Storage System (BESS) at Rs 5,821.90 crore and additional Rs 3,173.67 crore equity in Meja Urja Nigam Private Limited (MUNPL).

BESS Project Details

The BESS investment targets energy storage expansion, supporting grid stability and renewable integration.

MUNPL Equity Infusion

MUNPL, a 50:50 JV with UPRVUNL operating Meja Stage-I (2x660 MW, FY25 turnover Rs 5,099 crore), receives funding for Stage-II (3x800 MW). Total NTPC commitment reaches Rs 5,000 crore, maintaining 50:50 ownership; completion targeted by 2029-30.

Shares of NTPC Limited was last trading in BSE at Rs. 370.95 as compared to the previous close of Rs. 375.90. The total number of shares traded during the day was 861792 in over 14268 trades.

The stock hit an intraday high of Rs. 377.70 and intraday low of 369.35. The net turnover during the day was Rs. 321324835.00.

Source : Equity Bulls

Keywords

NTPC INE733E01010 BESSProjects