Latest news with #NTPC
Business Standard
16 hours ago
- Business
- Business Standard
NTPC Green surges after India Ratings assigns 'AAA/A1+' rating to debt facilities with 'stable' outlook
NTPC Green Energy (NGEL) jumped 4.13% to Rs 108.35 after the credit rating agency India Ratings and Research assigns 'IND AAA/ IND A1+' rating to the credit facilities of the company with 'stable' outlook. India Ratings and Research stated that the ratings reflect NGELs strong operational and strategic linkages with NTPC. NTPC group plans to increase its renewable energy (RE) capacity to 60GW by 2032 through NGEL. NGEL also receives operational support from NTPC with key managerial persons appointed from NTPC and common directors. At FYE25, NGEL has a total 5.9GW commissioned under its own books, its subsidiary, NTPC Renewable Energy Limited (NREL) and joint venture (JV) with Oil and Natural Gas Corporation Limited (ONGC) which acquired Ayana Renewable Power Private Limited (Ayana) with an operational capacity of 2.12GW. NGEL raised money through an initial public offering in November 2024 amounting Rs 100 billion. To achieve the desired capacity addition, NGEL would continue to look for greenfield projects to be executed under NREL, inorganic acquisitions or increasing capacity through JVs with other public sector entities. The ratings also factor in the availability of capital markets to fund the capex requirements owing to its parentage. However, the ratings are constrained by a likely increase in the consolidated net leverage (net debt/EBITDA) with the increase in capex in the near-to-medium term. NTPC Green Energy (NGEL) was incorporated as a fully owned subsidiary of NTPC on 7 April 2022 for developing RE parks and projects. It had been established as the renewable energy (RE) arm of NTPC with all the operational and under construction projects transferred to NGEL.
Time of India
19 hours ago
- Business
- Time of India
NTPC Share Price Live Updates: NTPC's recent performance shows negative returns
20 Jun 2025 | 10:51:55 AM IST Stay informed with the NTPC Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a leading stock. Get the latest details on NTPC, including: Last traded price 332.4, Market capitalization: 322317.18, Volume: 6190589, Price-to-earnings ratio 13.76, Earnings per share 24.16. Our liveblog combines fundamental and technical insights to provide a holistic view of NTPC's performance. Stay ahead of the market with breaking news that can influence NTPC's trajectory. Our expert analysis and stock recommendations empower you to make well-informed financial decisions. Trust the NTPC Stock Liveblog for up-to-date information and expert insights. The data points are updated as on 10:51:55 AM IST, 20 Jun 2025 Show more
Time of India
a day ago
- Business
- Time of India
India's first hydrogen buses flagged off in Ladakh, set global benchmark in green mobility
This is an AI-generated image, used for representational purposes only. In a landmark development for India's clean energy ambitions, five hydrogen fuel cell-based buses were officially flagged off on Thursday for commercial operations in Leh district of Ladakh, home to the world's highest motorable roads. This is India's first-ever commercial deployment of hydrogen-powered buses, marking a globally significant leap toward sustainable mobility in extreme terrains. As per news agency PTI, the green hydrogen buses were handed over by NTPC Limited to the State Industrial Development Corporation (SIDCO) in a formal ceremony held at NTPC's hydrogen mobility station in Palam, Leh. Administrative secretary of the transport department Bhupesh Chaudhary inspected the green hydrogen plant, including its production, storage, and dispensing systems. He commended NTPC's technological feat in executing this project at high altitude and highlighted its role in achieving a carbon-neutral Ladakh. Chief secretary Pawan Kotwal lauded the 'pioneering efforts' of NTPC, stating that the successful operationalisation of hydrogen buses in such extreme terrain 'could usher in a new era of hydrogen fuel cell mobility in India.' He also directed the corporation to document all operational learnings for replication across other regions. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Memperdagangkan CFD Emas dengan salah satu spread terendah? IC Markets Mendaftar Undo T his initiative is the result of collaborative efforts between NTPC and the Ladakh administration. It stands as a powerful symbol of India's growing leadership in renewable energy innovation and aligns with the Centre's broader push toward net-zero emissions. The world's first hydrogen fuelling station at such a high altitude, 11,562 feet above sea level, was launched by NTPC in November last year. Co-located with a 1.7 MW solar plant, the station operates entirely on renewable power. The project is expected to reduce carbon emissions by around 350 metric tonnes annually and contribute 230 metric tonnes of pure oxygen, equivalent to planting nearly 13,000 trees. NTPC, India's largest integrated power utility with over 81 GW of installed capacity, has an ambitious plan to reach 60 GW of renewable energy by 2032. With 9.6 GW of green capacity under construction, the hydrogen mobility initiative in Ladakh represents a crucial step in the company's clean energy transition. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
a day ago
- Climate
- Time of India
Rain disrupts mining operations in H'bag, competitive exam postponed
Hazaribag/Chatra: Mining operations at NTPC's open cast coal mines were hit while citizens faced prolonged power outages and negotiated overflowing drains in Hazaribag as heavy rain battered the state for the third consecutive day since the onset of monsoon. Mining at NTPC's open-cast mines at Pakri Barwadih, Keredari and Chhatti Bariatu were hit. The swelling waters of Khawa river washed away a newly built approach road in the Keredari coal project on Thursday morning. "The collapse of the bridge led to disruptions in vehicular traffic," Om Prakash Barnwal, circle officer of Keredari, said. Prolonged power outages made lives miserable for residents of Saketpuri road and areas adjoining St Columba's College since 8 am. "More than a dozen trees were uprooted, which snapped over head wires," Subroto Banerjee, executive engineer of JBVNL Hazaribag, said. Hazaribag recorded 62 mm rain till the evening, the local weather observatory said. As incessant downpour caused choked drains to overflow on the streets, residents said the drains were not cleaned for months. The entrances to the Sheikha Bhikhari Medical College and Hospital were waterlogged and the vaccination centre was relocated to another building. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cặp EUR/USD: Đà Tăng? IC Markets Đăng ký Undo "The drains will be cleaned and normalcy will be restored soon," Anukaran Purti, medical superintendent of the hospital, said. Due to the downpour, PRB NTPC Graduate Level online examination scheduled for Thursday in Hazaribag city got cancelled. At the Indrapuri Chowk exam centre, candidates waited outside due to disrupted power supply and malfunctions in the diesel generator, causing delays in the commencement of the exam leading to chaos among aspirants. The examination agency later announced that a new date would be announced soon. In Chatra district, the rise in water level of the Chundru river led to submerging of Shivlok Dham, an ancient site located on the riverbank. Crossing a bridge over the Chundru-Gerua river became perilous for three motorbike-riding youths, who narrowly escaped as their bike was swept by the strong current. Bystanders promptly intervened to rescue the trio and retrieve the motorbike from the raging waters.
Time of India
2 days ago
- Business
- Time of India
HURL celebrates 10th foundation day at Gorakhpur unit – A decade of purpose and progress
Hindustan Urvarak & Rasayan Limited (HURL), a joint venture of NTPC, IOCL, CIL, FCIL, and HFCL, celebrated its 10th Foundation Day with pride and enthusiasm at its Gorakhpur unit on 15th June 2025 — a key milestone marking a decade of service to Indian agriculture , indigenous urea production , and sustainable growth. The celebrations reflected the journey of transformation that HURL has undertaken since its inception in 2016, culminating in the successful commissioning and operation of state-of-the-art fertilizer plants in Gorakhpur, Sindri, and Barauni. At HURL Gorakhpur, the day began with a plantation drive, symbolizing the organization's enduring commitment to environmental sustainability and a greener future. This was followed by a plant tour led by Managing Director Dr. Siba Prasad Mohanty, along with the Directors, Plant Head, and HODs, where the technical team showcased HURL's operational excellence and technological capabilities. A Prize Distribution Ceremony was held to felicitate the Loading & Packing Workers, acknowledging their critical role in plant operations and their steadfast dedication. The evening witnessed a vibrant gathering of dignitaries and employees, featuring inspiring speeches from HURL's leadership. A special presentation by the Plant Head highlighted the unit's achievements, growth trajectory, and vision for the future. In a heartfelt message, the Chairman of HURL stated: "HURL's journey over the last 10 years is a testament to what can be achieved through vision, collaboration, and commitment. As we celebrate this milestone at our Gorakhpur unit, we honour not just our infrastructure, but the people — from engineers to operators — who bring purpose to our progress. Let this Foundation Day reignite our collective pledge to build a self-reliant and sustainable India." Echoing this sentiment, Dr. Siba Prasad Mohanty, Managing Director, HURL, said: "We are not just manufacturing urea — we are nurturing the backbone of India. The past decade has been about building capacity and confidence. The future will be about innovation, farmer empowerment, and green growth." The celebration at Gorakhpur stood as a powerful reminder of HURL's values — rooted in gratitude, powered by people, and driven by purpose — as the company looks ahead to the next decade of impact and innovation.
