Hot Pursuit     29-Mar-23
NTPC's Renewables arm inks term sheet with Greenko ZeroC for supplying RE power
NTPC said that its wholly owned subsidiary NTPC Renewable Energy has signed term sheet with Greenko ZeroC to supply 1300 MW round the clock RE power for powering Greenko's upcoming Green Ammonia Plant at Kakinada, India.

Greenko ZeroC is a Greenko Group company.

Greenko is one of India's leading Renewable Energy companies, replacing fossil fuels with integrated decarbonized energy and grid assets enabling sustainable and affordable energy, with a net installed capacity of 7.5 GWdc across 15 States in India.

The agreement between the two companies is one of the world's single largest contract for supply of round-the-clock renewable supply for an industrial client.

NTPC is primarily involved in the generation and sale of bulk power to state power utilities. Other business of the group includes providing consultancy, project management & supervision, energy trading, oil & gas exploration and coal mining. The Government of India holds 51.10% stake in NTPC as of 31 December 2022.

The company consolidated net profit rose 6.18% to Rs 4,776.61 crore on 33.97% jump in revenue from operations to Rs 44,601.84 crore in Q3 FY23 over Q3 FY22.

The scrip shed 0.03% to currently trade at Rs 171.90 on the BSE.

Previous News
  NTPC Ltd spurts 0.71%, up for fifth straight session
 ( Hot Pursuit - 15-Nov-23   13:00 )
  NTPC Ltd spurts 1.13%, gains for third straight session
 ( Hot Pursuit - 19-Aug-24   13:05 )
  Welspun Specialty spurts after emerging as L1 bidder for thermal power project
 ( Hot Pursuit - 24-Jun-24   10:02 )
  NTPC Ltd up for third straight session
 ( Hot Pursuit - 11-Sep-23   13:05 )
  NTPC announces appointment of Govt. Nominee Director
 ( Corporate News - 14-Aug-24   19:25 )
  NTPC, Power Grid, JSW Steel, Divi's Lab to be watched
 ( Market Commentary - Stock Alert 22-May-23   08:32 )
  Nifty above 18,850 mark; metal shares shine
 ( Market Commentary - Mid-Session 22-Jun-23   10:36 )
  Maket at day’s low; auto shares advance
 ( Market Commentary - Mid-Session 09-May-24   11:37 )
  NTPC Green Energy signs MoU with Mahatma Phule Renewable Energy and Infrastructure Technology
 ( Corporate News - 09-May-24   09:31 )
  NTPC Ltd slips for fifth straight session
 ( Hot Pursuit - 15-Mar-24   13:35 )
  Indices edge higher in early trade; breadth positive
 ( Market Commentary - Mid-Session 22-May-23   09:31 )
Other Stories
  Avantel Q2 PAT jumps 42% YoY to Rs 23 cr
  05-Oct-24   17:03
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
Back Top