PSU inventory jumps 3% after commissioning 2nd part of 200 MW photo voltaic PV challenge in Gujarat

Throughout Monday’s buying and selling session, the shares of a number one participant in India’s energy sector moved up by almost 3.2 % to Rs. 336.85 on BSE, after commissioning an additional 25 MW of Gujarat Photo voltaic PV Challenge. 

With a market cap of Rs. 3.25 lakh crores, the shares of NTPC Restricted closed within the inexperienced at Rs. 336.05, up by round 3 %, as in comparison with its earlier closing value of Rs. 326.4. 

What’s the information

NTPC Restricted, in its newest regulatory filings with the inventory exchanges, introduced that the second part of the 200 MW Gujarat Photo voltaic PV Challenge in Sadla, Gujarat, has achieved industrial operation standing as of seventeenth January 2025. 

This part, with a capability of 25 MW, is a part of the challenge developed by NTPC Renewable Power Restricted (NTPC REL), a step-down subsidiary of NTPC Restricted, via its subsidiary NTPC Inexperienced Power Restricted. 

The primary part, with a capability of 37.5 MW, was declared operational on twenty first December 2024. With this, the full put in and industrial capability of the NTPC Group has now reached 76,733.18 MW. 

Earlier Information

On tenth January 2025, NTPC Restricted introduced updates on its renewable power initiatives. 

The second part of the Bhainsara Photo voltaic PV Challenge in Jaisalmer, Rajasthan, with a capability of 60 MW out of a complete of 320 MW, was declared operational on January 7, 2025, primarily based on a certificates issued by the Photo voltaic Power Company of India (SECI) on January 9, 2025. 

The primary part of this challenge, with a capability of 160 MW, had already achieved industrial operation on August 28, 2024. 

Equally, the second part of the Shajapur Photo voltaic Challenge (Unit-II) in Madhya Pradesh, with a capability of fifty MW out of a complete of 220 MW, was declared operational on January 10, 2025. 

The primary part of this challenge, additionally with a capability of fifty MW, had beforehand been declared operational on September 30, 2024. 

Each initiatives are a part of NTPC Renewable Power Restricted (NTPC REL), a step-down subsidiary of NTPC Restricted, managed via its subsidiary NTPC Inexperienced Power Restricted. 

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Financials

NTPC reported a marginal decline in income from operations, experiencing a year-on-year lower of almost 0.63 %, falling from Rs. 44,983 crores in Q2 FY24 to Rs. 44,696 crores in Q2 FY25. 

In distinction, the corporate’s internet revenue elevated from Rs. 4,726 crores to Rs. 5,380 crores over the identical interval, representing a progress of round 13.8 % YoY. 

Inventory Efficiency

The inventory has delivered constructive returns of almost 11 % of returns in a single yr, whereas round 10 % of unfavorable returns within the final six months. In the meantime, the shares of NTPC have gained by round 1 % within the final one month. 

In regards to the Firm 

NTPC Restricted is primarily concerned within the enterprise of technology and sale of bulk energy to State Energy Utilities. Different enterprise of the Firm consists of offering consultancy, challenge administration & supervision, power buying and selling, oil & gasoline exploration and coal mining. 

Written by Shivani Singh

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