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NTPC Limited (NTPC.NS)
- Investing.com
NTPC's Q4 Performance and Strategic Developments: Goldman Sachs Analysis
Goldman Sachs (NYSE:GS) has analyzed NTPC’s fourth-quarter performance for FY24, noting an adjusted consolidated profit after tax (PAT) of Rs 53 billion, slightly below the estimated INR 55 billion. NTPC’s renewable energy portfolio has expanded to 23.2 GW at various development stages. Post-monetization, NTPC (NS:NTPC) will continue to support the renewable segment's growth if needed.
- POWER Magazine
India Energy Giant Posts Record Electricity Output, Mostly From Coal
India’s state-owned energy company NTPC said the company produced a record amount of electricity on an annual basis over the past fiscal year, with the utility’s coal-fired power stations recording […]
- Reuters
India's Torrent, Lanco are lowest bidders in gas-fired power auction
India relies on coal to generate about three-quarters of its electricity, and power generated from coal is typically much cheaper than that generated by gas-fired plants. However, fears of power shortages while Prime Minister Narendra Modi stands for election this year have pushed the world's fifth-largest economy to turn to gas-fired power. India's daily electricity demand is predicted to rise to a record 256.5 gigawatts (GW) in September 2024, up from the previous record of 243 GW in September last year, according to the Central Electricity Authority.
