NTPC Commissions Commercial Operations Of 32.90 MW Solar Plant In Rajasthan

The largest power utility in India, NTPC, has 76475.68 MW of installed capacity overall (including joint ventures). NTPC, which was founded in 1975, aims to become the largest integrated power company in India by 2032, with a capacity of 130 GW. NTPC’s CSR and extensive rehabilitation and resettlement policies are seamlessly incorporated with its primary business of establishing power projects and producing electricity. NTPC is dedicated to producing dependable electricity at competitive rates in an environmentally sustainable manner. This is achieved by utilizing cutting-edge eco-friendly technologies to optimize the utilization of various energy sources, thereby aiding in the nation’s economic growth and societal advancement.

NTPC Launches 32.90 MW Solar Plan Commercial Operations in Rajasthan

In Bikaner, Rajasthan, NTPC has declared that a 32.90 MW solar plant is now operational. The third section of the 300 MW Shambu ki Burj-2 (Kolayat) Solar PV Project, with a capacity of 32.90 MW, is officially put into commercial operation on October 31, 2024, at 0:00 a.m.

This brings the NTPC Group’s installed and commercial capacity to 76,475.68 MW. In September, the 150 MW first-part capacity and the 98.78 MW second-part capacity were approved for commercial use. The company’s wholly-owned subsidiary, NTPC Green Energy, is the owner and operator of the Shambu ki Burj-2 (Kolayat) Solar PV Project.

NTPC Q2 FY25 result

NTPC’s consolidated net profit grew by 14% year over year, from Rs 4,726.4 crore in Q2FY24 to Rs 5,380.2 crore in Q2FY25. Nevertheless, overall revenue dropped to Rs 45,197.8 crore this quarter from Rs 45,384.6 crore in the same quarter last year. The company also authorized the first interim dividend for FY25, which was Rs 2.50 per share on the face value of paid-up equity shares worth Rs 10 each. The dividend is scheduled to be paid on November 18, 2024.

Update on the stock price of NTPC Ltd

NTPC Ltd.’s stock is currently trading at Rs. 410.95, down a little from today’s intraday low of Rs. 408.70.

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