NTPC Declares April 1, 2025, as Commercial Operation Date for Kerandari Coal Mine

State-run power giant NTPC Limited announced on Monday, March 24, 2025, that the Commercial Operation Date (COD) for its Kerandari Coal Mining Project (KDCMP) has been set for April 1, 2025.

Commercial Operation of Kerandari Coal Mining Project

The company disclosed the update in an exchange filing, stating, “We wish to inform you that Commercial Operation (COD) of Kerandari Coal Mining Project (KDCMP) is being declared w.e.f. 00:00 Hrs. of 01.04.2025.”

NTPC Share Performance 

Following the announcement, NTPC’s stock traded lower on Tuesday, March 25, 2025, declining by 0.45% to ₹365.70 as of 11:53 AM (IST).

The stock has seen significant fluctuations over the past year, reaching a 52-week high of ₹448.30 and a 52-week low of ₹292.70. As per Bombay Stock Exchange (BSE) data, the total traded volume for the stock stood at 6.36 lakh shares, with a turnover of ₹23.40 crore.

According to exchange data, NTPC shares are currently trading at a price-to-earnings (P/E) ratio of 18.25x, based on its trailing 12-month earnings per share (EPS) of ₹20.04. The stock’s price-to-book (P/B) ratio stands at 2.27, reflecting its valuation in the market.

On Monday, March 24, 2025, NTPC opened at ₹358.70 but closed lower at ₹351.15. During the trading session, the stock hit a high of ₹368.00 and a low of ₹353.75. The total trading volume on BSE for the day was 5.23 lakh shares.

Shareholding Pattern

As of December 31, 2024, the shareholding structure of BSE comprised 16.03% held by Foreign Institutional Investors (FIIs), 12.07% by Domestic Institutional Investors (DIIs), and 50% by public retail investors.

Conclusion

The commencement of commercial operations at the Kerandari Coal Mining Project marks a significant milestone for NTPC, reinforcing its commitment to enhancing coal production and ensuring energy security for the nation.

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